Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.009%
Price spread now: OKX against KuCoin0.000%7-day average +0.066% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now 0.000%, 7d avg +0.066%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.066% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
| 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 | 5h 45m | $158K | $940K | 10x |
| Short | OKX SQQQ-USDT-SWAP | 34.500 | 0 | get 0.0000% / 8h | 5h 45m | $832K | $2.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: 0.000% → +0.066%
- −$6.63
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$49.63
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 62 min ago; OKX: live order book, 5 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, 62 min ago | 2.88 bp | 376.6 bp −$377 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.45 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
SQQQ on 10 exchanges
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 | 34.500 | 0.000% | $687K | $602K | 25x | as long as short |
| OKX SQQQ-USDT-SWAPshort | 0.0000% | 8h | 34.500 | 0.000% | $832K | $2.3M | 20x | |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.500 | 0.000% | $1.1M | $1.5M | 20x | as long as short |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.500 | 0.000% | $2.9M | $1.3M | 20x | as long as short |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.457 | −0.126% | $4K | $114K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.510 | +0.029% | $8K | $1K | 10x | as long as short |
| Binance SQQQUSDT | +0.0049% | 8h | 34.518 | +0.051% | $7.4M | $20.0M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0049% | 8h | 34.500 | 0.000% | $2.5M | $391K | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0053% | 8h | 34.530 | +0.087% | $85K | $8K | 20x | as long as short |
| KuCoin SQQQUSDTMlong | +0.0100% | 8h | 34.500 | long leg | $158K | $940K | 10x |
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
Bybit SQQQUSDT
Gate SQQQ_USDT
Bitget SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
Binance SQQQUSDT
MEXC SQQQ_USDT
BloFin SQQQ-USDT