Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.116%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.116%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.113% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SQQQ_USDT | 34.370 | 0.0190 | pay 0.0190% / 8h | 3h 46m | $1.7M | $376K | 20x |
| Short | Binance SQQQUSDT | 34.410 | 0.0197 | get 0.0197% / 8h | 3h 46m | $6.7M | $16.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $1.45
- Price spread: +0.116% → +0.003%
- $11.31
- Slippage, 4 orders
- −$21.66
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.9
- Costs to cover
- 0.317%
- Break-even
- 98.4 days
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 9 min ago.
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 MEXC live order book, 4 min ago | 7.26 bp | 7.3 bp −$7 | 13.0 bp −$130 | 152.8 bp −$15.3K | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.45 bp | 7.9 bp −$8 | 17.6 bp −$176 | 119.5 bp −$12.0K | 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 | 34.400 | +0.087% | $780K | $557K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.400 | +0.087% | $1.1M | $1.3M | 20x | as long as short |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.420 | +0.145% | $2.9M | $1.2M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.440 | +0.204% | $8K | $1K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0034% | 8h | 34.490 | +0.349% | $4K | $110K | 10x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.390 | +0.058% | $122K | $983K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0106% | 8h | 34.420 | +0.145% | $807K | $1.6M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0183% | 8h | 34.410 | +0.116% | $82K | $7K | 20x | as long as short |
| MEXC SQQQ_USDTlong | +0.0190% | 8h | 34.370 | long leg | $1.7M | $376K | 20x | |
| Binance SQQQUSDTshort | +0.0197% | 8h | 34.410 | +0.116% | $6.7M | $16.1M | 20x |
MEXC SQQQ_USDT
Binance SQQQUSDT
Bybit SQQQUSDT
Gate SQQQ_USDT
Bitget SQQQUSDT
HTX SQQQ-USDT
GRVT SQQQ_USDT_Perp
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT