Settings8H · net · $10k
Funding arb · Price arb /

SQQQ

RWAall SQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0207%/8h= +22.7% APRnext payment +$2.07 per $10,000 · paid last 24h +0.023%
Price spread now: OKX against HTX−0.087%54s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. OKX is 0.087% cheaper against HTX than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 34 hours of funding at the current rate (+$6 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SQQQ-USDT34.5500get 0.0000% / 8h2h 02m$8K$1K10x
ShortOKX SQQQ-USDT-SWAP34.5200.0207get 0.0207% / 8h2h 02m$831K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$43.53
Price spread: −0.087% → 0.000%
−$8.68
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$12.85
Costs to cover
0.220%
Break-even
4.9 days
Slippage unknown: HTX: no order-book sample; OKX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell OKX live order book, 4 min ago1.45 bp8.0 bp −$8197.2 bp −$1,972doesn't fitdoesn't fit
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SQQQ on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SQQQUSDT0.0000%8h34.520−0.087%$781K$562K25xas long as short
Gate SQQQ_USDT0.0000%8h34.520−0.087%$1.1M$1.4M20xas long as short
Bitget SQQQUSDT0.0000%8h34.530−0.058%$2.9M$1.2M20xas long as short
HTX SQQQ-USDTlong0.0000%8h34.550long leg$8K$1K10x
KuCoin SQQQUSDTM+0.0100%8h34.510−0.116%$123K$965K10xas long as short
GRVT SQQQ_USDT_Perp+0.0170%8h34.490−0.174%$4K$111K10xas long as short
OKX SQQQ-USDT-SWAPshort+0.0207%8h34.520−0.087%$831K$1.8M20x
MEXC SQQQ_USDT+0.0360%8h34.520−0.087%$1.7M$378K20xas long as short
Binance SQQQUSDT+0.0361%8h34.528−0.064%$6.9M$17.4M20xas long as short
BloFin SQQQ-USDT+0.0388%8h34.540−0.029%$84K$7K20xas long as short