Funding you earn now, next payment 08:00 UTC−0.0170%/8h= −18.6% APRnext payment −$1.70 per $10,000 · paid last 24h −0.014%
Price spread now: Bitget against OKX−0.029%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now −0.029%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SQQQ-USDT-SWAP | 34.540 | 0.0170 | pay 0.0170% / 8h | 2h 51m | $810K | $1.7M | 20x |
| Short | Bitget SQQQUSDT | 34.530 | 0 | get 0.0000% / 8h | 2h 51m | $2.9M | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- −$35.67
- Price spread: −0.029% → −0.030%
- $0.11
- Slippage, 4 orders
- −$42.12
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$99.68
- Costs to cover
- 0.641%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 1 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 OKX live order book, 5 min ago | 1.45 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.90 bp | 13.2 bp −$13 | 21.7 bp −$217 | 68.9 bp −$6,891 | 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 | 34.530 | −0.029% | $782K | $559K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.540 | 0.000% | $1.1M | $1.4M | 20x | as long as short |
| Bitget SQQQUSDTshort | 0.0000% | 8h | 34.530 | −0.029% | $2.9M | $1.2M | 20x | |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.570 | +0.087% | $8K | $1K | 10x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.530 | −0.029% | $125K | $969K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0164% | 8h | 34.550 | +0.029% | $4K | $108K | 10x | as long as short |
| OKX SQQQ-USDT-SWAPlong | +0.0170% | 8h | 34.540 | long leg | $810K | $1.7M | 20x | |
| Binance SQQQUSDT | +0.0308% | 8h | 34.548 | +0.023% | $6.8M | $16.6M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0309% | 8h | 34.520 | −0.058% | $1.7M | $375K | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0316% | 8h | 34.550 | +0.029% | $83K | $7K | 20x | as long as short |
OKX SQQQ-USDT-SWAP
Bitget SQQQUSDT
Bybit SQQQUSDT
Gate SQQQ_USDT
HTX SQQQ-USDT
KuCoin SQQQUSDTM
GRVT SQQQ_USDT_Perp
Binance SQQQUSDT
MEXC SQQQ_USDT
BloFin SQQQ-USDT