Settings8H · net · $10k
Funding arb · Price arb /

SQQQ

RWAall SQQQ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SQQQUSDTM34.5000.0100pay 0.0100% / 8h5h 45m$158K$940K10x
ShortOKX SQQQ-USDT-SWAP34.5000get 0.0000% / 8h5h 45m$832K$2.3M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 62 min ago2.88 bp376.6 bp −$377doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.45 bp7.9 bp −$8doesn't fitdoesn't fitdoesn't fit

SQQQ on 10 exchanges

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%8h34.5000.000%$687K$602K25xas long as short
OKX SQQQ-USDT-SWAPshort0.0000%8h34.5000.000%$832K$2.3M20x
Gate SQQQ_USDT0.0000%8h34.5000.000%$1.1M$1.5M20xas long as short
Bitget SQQQUSDT0.0000%8h34.5000.000%$2.9M$1.3M20xas long as short
GRVT SQQQ_USDT_Perp0.0000%8h34.457−0.126%$4K$114K10xas long as short
HTX SQQQ-USDT0.0000%8h34.510+0.029%$8K$1K10xas long as short
Binance SQQQUSDT+0.0049%8h34.518+0.051%$7.4M$20.0M20xas long as short
MEXC SQQQ_USDT+0.0049%8h34.5000.000%$2.5M$391K20xas long as short
BloFin SQQQ-USDT+0.0053%8h34.530+0.087%$85K$8K20xas long as short
KuCoin SQQQUSDTMlong+0.0100%8h34.500long leg$158K$940K10x