Funding you earn now, next payment 16:00 UTC−0.0105%/8h= −11.5% APRnext payment −$1.05 per $10,000 · paid last 24h −0.039%
Price spread now: Gate against OKX−0.058%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3423.422% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now −0.058%, 7d avg −0.070%
=The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: −$3 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 | 34.660 | 0.0105 | pay 0.0105% / 8h | 6h 57m | $900K | $2.2M | 20x |
| Short | Gate SQQQ_USDT | 34.640 | 0 | get 0.0000% / 8h | 6h 57m | $1.1M | $1.4M | 20x |
OKX SQQQ-USDT-SWAP
Gate SQQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$22.11
- Price spread: −0.058% → −0.070%
- $1.22
- Slippage, 4 orders
- −$317.17
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$363.06
- Costs to cover
- 3.422%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Gate: live order book, 5 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, 4 min ago | 1.44 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.77 bp | 296.6 bp −$297 | 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 | 34.660 | 0.000% | $786K | $571K | 25x | as long as short |
| Gate SQQQ_USDTshort | 0.0000% | 8h | 34.640 | −0.058% | $1.1M | $1.4M | 20x | |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.660 | 0.000% | $2.9M | $1.2M | 20x | as long as short |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.659 | −0.004% | $4K | $114K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.660 | 0.000% | $8K | $1K | 10x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.670 | +0.029% | $131K | $921K | 10x | as long as short |
| OKX SQQQ-USDT-SWAPlong | +0.0105% | 8h | 34.660 | long leg | $900K | $2.2M | 20x | |
| BloFin SQQQ-USDT | +0.0211% | 8h | 34.650 | −0.029% | $89K | $8K | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0214% | 8h | 34.660 | 0.000% | $1.9M | $320K | 20x | as long as short |
| Binance SQQQUSDT | +0.0214% | 8h | 34.670 | +0.029% | $7.3M | $19.1M | 20x | as long as short |
Bybit SQQQUSDT
Bitget SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
KuCoin SQQQUSDTM
BloFin SQQQ-USDT
MEXC SQQQ_USDT
Binance SQQQUSDT