Funding you earn now, next payment 16:00 UTC−0.0156%/8h= −17.1% APRnext payment −$1.56 per $10,000 · paid last 24h −0.039%
Price spread now: Bybit against OKX−0.057%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.057%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, 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 | 34.810 | 0.0156 | pay 0.0156% / 8h | 7h 44m | $902K | $2.1M | 20x |
| Short | Bybit SQQQUSDT | 34.790 | 0 | get 0.0000% / 8h | 7h 44m | $789K | $576K | 25x |
OKX SQQQ-USDT-SWAP
Bybit SQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$32.73
- Price spread: −0.057% → −0.038%
- −$1.92
- Slippage, 4 orders
- −$41.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$97.08
- Costs to cover
- 0.624%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 50 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, 3 min ago | 2.87 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 50 min ago | 2.88 bp | 20.6 bp −$21 | 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 SQQQUSDTshort | 0.0000% | 8h | 34.790 | −0.057% | $789K | $576K | 25x | |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.800 | −0.029% | $1.2M | $1.4M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.840 | +0.086% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0018% | 8h | 34.810 | 0.000% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.800 | −0.029% | $126K | $916K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0154% | 8h | 34.799 | −0.031% | $4K | $112K | 10x | as long as short |
| OKX SQQQ-USDT-SWAPlong | +0.0156% | 8h | 34.810 | long leg | $902K | $2.1M | 20x | |
| Binance SQQQUSDT | +0.0302% | 8h | 34.816 | +0.017% | $7.3M | $18.1M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0304% | 8h | 34.800 | −0.029% | $1.7M | $296K | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0304% | 8h | 34.790 | −0.057% | $87K | $7K | 20x | as long as short |
Gate SQQQ_USDT
HTX SQQQ-USDT
Bitget SQQQUSDT
KuCoin SQQQUSDTM
GRVT SQQQ_USDT_Perp
Binance SQQQUSDT
MEXC SQQQ_USDT
BloFin SQQQ-USDT