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+0.0259%/8h= +28.4% APRnext payment +$2.59 per $10,000 · paid last 24h +0.026%
Price spread now: Binance against KuCoin+0.039%7-day average +0.039% · you sell dearer than you buy
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 7 days−0.147%−$15 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.039%, 7d avg +0.039%
Together, before fees−0.144%−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.147%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SQQQUSDTM34.6000.0100pay 0.0100% / 8h1h 18m$123K$957K10x
ShortBinance SQQQUSDT34.6130.0359get 0.0359% / 8h1h 18m$6.9M$17.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$54.38
Price spread: +0.039% → +0.039%
−$0.08
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$32.3
Costs to cover
0.220%
Break-even
2.8 days
Slippage unknown: KuCoin: live order book, 6 min ago; Binance: live order book, 7 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 KuCoin live order book, 6 min ago1.45 bp477.4 bp −$477doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.44 bp6.4 bp −$616.2 bp −$162115.8 bp −$11.6Kdoesn't fit

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%8h34.620+0.058%$783K$562K25xas long as short
Gate SQQQ_USDT0.0000%8h34.620+0.058%$1.1M$1.4M20xas long as short
HTX SQQQ-USDT0.0000%8h34.680+0.231%$8K$1K10xas long as short
Bitget SQQQUSDT+0.0034%8h34.630+0.087%$2.9M$1.2M20xas long as short
KuCoin SQQQUSDTMlong+0.0100%8h34.600long leg$123K$957K10x
GRVT SQQQ_USDT_Perp+0.0141%8h34.620+0.058%$4K$112K10xas long as short
OKX SQQQ-USDT-SWAP+0.0212%8h34.630+0.087%$872K$1.9M20xas long as short
BloFin SQQQ-USDT+0.0332%8h34.660+0.173%$87K$7K20xas long as short
Binance SQQQUSDTshort+0.0359%8h34.613+0.039%$6.9M$17.8M20x
MEXC SQQQ_USDT+0.0361%8h34.6000.000%$1.7M$377K20xas long as short