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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SQQQUSDTM | 34.600 | 0.0100 | pay 0.0100% / 8h | 1h 18m | $123K | $957K | 10x |
| Short | Binance SQQQUSDT | 34.613 | 0.0359 | get 0.0359% / 8h | 1h 18m | $6.9M | $17.8M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 6 min ago | 1.45 bp | 477.4 bp −$477 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.44 bp | 6.4 bp −$6 | 16.2 bp −$162 | 115.8 bp −$11.6K | 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 | 34.620 | +0.058% | $783K | $562K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.620 | +0.058% | $1.1M | $1.4M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.680 | +0.231% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0034% | 8h | 34.630 | +0.087% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTMlong | +0.0100% | 8h | 34.600 | long leg | $123K | $957K | 10x | |
| GRVT SQQQ_USDT_Perp | +0.0141% | 8h | 34.620 | +0.058% | $4K | $112K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0212% | 8h | 34.630 | +0.087% | $872K | $1.9M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0332% | 8h | 34.660 | +0.173% | $87K | $7K | 20x | as long as short |
| Binance SQQQUSDTshort | +0.0359% | 8h | 34.613 | +0.039% | $6.9M | $17.8M | 20x | |
| MEXC SQQQ_USDT | +0.0361% | 8h | 34.600 | 0.000% | $1.7M | $377K | 20x | as long as short |
KuCoin SQQQUSDTM
Binance SQQQUSDT
Bybit SQQQUSDT
Gate SQQQ_USDT
HTX SQQQ-USDT
Bitget SQQQUSDT
GRVT SQQQ_USDT_Perp
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT
MEXC SQQQ_USDT