SQQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bybit against KuCoin+0.058%7-day average +0.012% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.204%−$20 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.058%, 7d avg +0.012%

Together, before fees−0.217%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.046% dearer against KuCoin than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.012%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SQQQUSDTM	34.500	0.0100	pay 0.0100% / 8h	2h 02m	$124K	$965K	10x
Short	Bybit SQQQUSDT	34.520	0	get 0.0000% / 8h	2h 02m	$781K	$562K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$21
Price spread: +0.058% → +0.012%: $4.61
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$39.39
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 26 min ago; Bybit: live order book, 42 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, 26 min ago	4.33 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 42 min ago	1.45 bp	14.7 bp −$15	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 SQQQUSDTshort	0.0000%	8h	34.520	+0.058%	$781K	$562K	25x
Gate SQQQ_USDT	0.0000%	8h	34.520	+0.058%	$1.1M	$1.4M	20x	as long as short
Bitget SQQQUSDT	0.0000%	8h	34.530	+0.087%	$2.9M	$1.2M	20x	as long as short
HTX SQQQ-USDT	0.0000%	8h	34.550	+0.145%	$8K	$1K	10x	as long as short
KuCoin SQQQUSDTMlong	+0.0100%	8h	34.500	long leg	$124K	$965K	10x
GRVT SQQQ_USDT_Perp	+0.0170%	8h	34.490	−0.029%	$4K	$111K	10x	as long as short
OKX SQQQ-USDT-SWAP	+0.0208%	8h	34.520	+0.058%	$831K	$1.8M	20x	as long as short
MEXC SQQQ_USDT	+0.0360%	8h	34.510	+0.029%	$1.7M	$378K	20x	as long as short
Binance SQQQUSDT	+0.0361%	8h	34.520	+0.058%	$6.9M	$17.4M	20x	as long as short
BloFin SQQQ-USDT	+0.0388%	8h	34.540	+0.116%	$84K	$7K	20x	as long as short