Funding you earn now, next payment 16:00 UTC−0.0154%/8h= −16.9% APRnext payment −$1.54 per $10,000 · paid last 24h −0.013%
Price spread now: Gate against GRVT−0.055%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1441.441% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.055%, 7d avg −0.036%
=Together, before fees+0.034%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SQQQ_USDT_Perp | 34.799 | 0.0154 | pay 0.0154% / 8h | 7h 47m | $4K | $112K | 10x |
| Short | Gate SQQQ_USDT | 34.780 | 0 | get 0.0000% / 8h | 7h 47m | $1.2M | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$32.34
- Price spread: −0.055% → −0.036%
- −$1.9
- Slippage, 4 orders
- −$120.08
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$178.32
- Costs to cover
- 1.441%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 50 min ago; Gate: live order book, just now.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 50 min ago | 4.33 bp | 8.8 bp −$9 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 5.74 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
SQQQ on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SQQQUSDT | 0.0000% | 8h | 34.780 | −0.055% | $789K | $575K | 25x | as long as short |
| Gate SQQQ_USDTshort | 0.0000% | 8h | 34.780 | −0.055% | $1.2M | $1.4M | 20x | |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.840 | +0.117% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0019% | 8h | 34.800 | +0.002% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.790 | −0.027% | $126K | $917K | 10x | as long as short |
| GRVT SQQQ_USDT_Perplong | +0.0154% | 8h | 34.799 | long leg | $4K | $112K | 10x | |
| OKX SQQQ-USDT-SWAP | +0.0159% | 8h | 34.800 | +0.002% | $901K | $2.1M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0307% | 8h | 34.790 | −0.027% | $1.7M | $296K | 20x | as long as short |
| Binance SQQQUSDT | +0.0307% | 8h | 34.806 | +0.020% | $7.3M | $18.2M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0308% | 8h | 34.790 | −0.027% | $88K | $7K | 20x | as long as short |
GRVT SQQQ_USDT_Perp
Gate SQQQ_USDT
Bybit SQQQUSDT
HTX SQQQ-USDT
Bitget SQQQUSDT
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
MEXC SQQQ_USDT
Binance SQQQUSDT
BloFin SQQQ-USDT