Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin+0.029%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now +0.029%, 7d avg −0.003%
=The price spread pays, funding is against you. Gate is 0.031% dearer against KuCoin than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.003%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SQQQUSDTM | 34.850 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $126K | $914K | 10x |
| Short | Gate SQQQ_USDT | 34.860 | 0 | get 0.0000% / 8h | 7h 40m | $1.2M | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: +0.029% → −0.003%
- $3.12
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$44.88
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 34 min ago; Gate: live order book, 2 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, 34 min ago | 2.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.30 bp | 55.3 bp −$55 | 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 | 34.850 | 0.000% | $790K | $576K | 25x | as long as short |
| Gate SQQQ_USDTshort | 0.0000% | 8h | 34.860 | +0.029% | $1.2M | $1.4M | 20x | |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.843 | −0.020% | $4K | $112K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.840 | −0.029% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0016% | 8h | 34.880 | +0.086% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTMlong | +0.0100% | 8h | 34.850 | long leg | $126K | $914K | 10x | |
| OKX SQQQ-USDT-SWAP | +0.0156% | 8h | 34.870 | +0.057% | $904K | $2.1M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0293% | 8h | 34.890 | +0.115% | $88K | $7K | 20x | as long as short |
| Binance SQQQUSDT | +0.0297% | 8h | 34.869 | +0.055% | $7.3M | $18.2M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0299% | 8h | 34.860 | +0.029% | $1.7M | $296K | 20x | as long as short |
KuCoin SQQQUSDTM
Gate SQQQ_USDT
Bybit SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
Bitget SQQQUSDT
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT
Binance SQQQUSDT
MEXC SQQQ_USDT