Funding you earn now, next payment 16:00 UTC−0.0304%/8h= −33.3% APRnext payment −$3.04 per $10,000 · paid last 24h −0.078%
Price spread now: Gate against MEXC−0.029%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1361.364% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.029%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.052% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SQQQ_USDT | 34.820 | 0.0304 | pay 0.0304% / 8h | 7h 43m | $1.7M | $296K | 20x |
| Short | Gate SQQQ_USDT | 34.810 | 0 | get 0.0000% / 8h | 7h 43m | $1.2M | $1.4M | 20x |
MEXC SQQQ_USDT
Gate SQQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$63.84
- Price spread: −0.029% → −0.039%
- $1.01
- Slippage, 4 orders
- −$121.37
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$199.2
- Costs to cover
- 1.364%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 4 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, 2 min ago | 5.75 bp | 6.4 bp −$6 | 9.5 bp −$95 | 117.1 bp −$11.7K | 266.3 bp −$133.2K |
| Sell Gate live order book, 4 min ago | 5.74 bp | 39.8 bp −$40 | 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 | 34.810 | −0.029% | $789K | $576K | 25x | as long as short |
| Gate SQQQ_USDTshort | 0.0000% | 8h | 34.810 | −0.029% | $1.2M | $1.4M | 20x | |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.840 | +0.057% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0018% | 8h | 34.810 | −0.029% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.810 | −0.029% | $126K | $916K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0154% | 8h | 34.799 | −0.059% | $4K | $112K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0156% | 8h | 34.840 | +0.057% | $904K | $2.1M | 20x | as long as short |
| Binance SQQQUSDT | +0.0302% | 8h | 34.830 | +0.029% | $7.3M | $18.1M | 20x | as long as short |
| MEXC SQQQ_USDTlong | +0.0304% | 8h | 34.820 | long leg | $1.7M | $296K | 20x | |
| BloFin SQQQ-USDT | +0.0304% | 8h | 34.790 | −0.086% | $87K | $7K | 20x | as long as short |
Bybit SQQQUSDT
HTX SQQQ-USDT
Bitget SQQQUSDT
KuCoin SQQQUSDTM
GRVT SQQQ_USDT_Perp
OKX SQQQ-USDT-SWAP
Binance SQQQUSDT
BloFin SQQQ-USDT