SQQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0143%/8h= −15.7% APRnext payment −$1.43 per $10,000 · paid last 24h −0.032%

Price spread now: OKX against MEXC0.000%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days+0.029%+$3 · spread now 0.000%, 7d avg +0.031%

Together, before fees+0.050%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.031% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SQQQ_USDT	34.680	0.0310	pay 0.0310% / 8h	10m 20s	$1.7M	$355K	20x
Short	OKX SQQQ-USDT-SWAP	34.680	0.0167	get 0.0167% / 8h	10m 20s	$904K	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee MEXCbpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$30.04
Price spread: 0.000% → +0.031%: −$3.11
Slippage, 4 orders: −$21.4
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$64.55
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 2 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, 1 min ago	5.76 bp	5.8 bp −$6	8.6 bp −$86	97.4 bp −$9,736	doesn't fit
Sell OKX live order book, 2 min ago	1.44 bp	10.1 bp −$10	124.9 bp −$1,249	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	34.680	0.000%	$787K	$589K	25x	as long as short
Gate SQQQ_USDT	0.0000%	8h	34.680	0.000%	$1.1M	$1.4M	20x	as long as short
HTX SQQQ-USDT	0.0000%	8h	34.700	+0.058%	$8K	$1K	10x	as long as short
Bitget SQQQUSDT	+0.0023%	8h	34.680	0.000%	$2.9M	$1.2M	20x	as long as short
GRVT SQQQ_USDT_Perp	+0.0055%	8h	34.673	−0.020%	$4K	$112K	10x	as long as short
KuCoin SQQQUSDTM	+0.0100%	8h	34.680	0.000%	$124K	$931K	10x	as long as short
OKX SQQQ-USDT-SWAPshort	+0.0167%	8h	34.680	0.000%	$904K	$2.0M	20x
BloFin SQQQ-USDT	+0.0300%	8h	34.690	+0.029%	$87K	$7K	20x	as long as short
MEXC SQQQ_USDTlong	+0.0310%	8h	34.680	long leg	$1.7M	$355K	20x
Binance SQQQUSDT	+0.0312%	8h	34.690	+0.029%	$7.3M	$18.2M	20x	as long as short