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

SQQQ

RWAall SQQQ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.083%−$8 · spread now +0.116%, 7d avg +0.003%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SQQQ_USDT34.3700.0190pay 0.0190% / 8h3h 46m$1.7M$376K20x
ShortBinance SQQQUSDT34.4100.0197get 0.0197% / 8h3h 46m$6.7M$16.1M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago7.26 bp7.3 bp −$713.0 bp −$130152.8 bp −$15.3Kdoesn't fit
Sell Binance live order book, 9 min ago1.45 bp7.9 bp −$817.6 bp −$176119.5 bp −$12.0Kdoesn't fit

SQQQ on 10 venues

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%8h34.400+0.087%$780K$557K25xas long as short
Gate SQQQ_USDT0.0000%8h34.400+0.087%$1.1M$1.3M20xas long as short
Bitget SQQQUSDT0.0000%8h34.420+0.145%$2.9M$1.2M20xas long as short
HTX SQQQ-USDT0.0000%8h34.440+0.204%$8K$1K10xas long as short
GRVT SQQQ_USDT_Perp+0.0034%8h34.490+0.349%$4K$110K10xas long as short
KuCoin SQQQUSDTM+0.0100%8h34.390+0.058%$122K$983K10xas long as short
OKX SQQQ-USDT-SWAP+0.0106%8h34.420+0.145%$807K$1.6M20xas long as short
BloFin SQQQ-USDT+0.0183%8h34.410+0.116%$82K$7K20xas long as short
MEXC SQQQ_USDTlong+0.0190%8h34.370long leg$1.7M$376K20x
Binance SQQQUSDTshort+0.0197%8h34.410+0.116%$6.7M$16.1M20x