Settings8H · net · $10k
Funding arb · Price arb /

SQQQ

RWAall SQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0107%/8h= −11.7% APRnext payment $1.07 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against OKX−0.029%7-day average −0.067% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.126%+$13 on $10k
Price spread, last 7 days−0.033%−$3 · spread now −0.029%, 7d avg −0.067%
Together, before fees+0.093%+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.038% dearer against OKX than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.067%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours. Mind the row above: over the last 7 days funding on this pair paid +0.126%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SQQQ-USDT-SWAP34.6200.0207pay 0.0207% / 8h1h 51m$845K$1.9M20x
ShortKuCoin SQQQUSDTM34.6100.0100get 0.0100% / 8h1h 51m$124K$964K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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

Funding earned
−$22.44
Price spread: −0.029% → −0.067%
$3.85
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$40.59
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 6 min ago; KuCoin: live order book, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 6 min ago1.44 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 38 min ago4.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

SQQQ on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SQQQUSDT0.0000%8h34.6200.000%$783K$562K25xas long as short
Gate SQQQ_USDT0.0000%8h34.610−0.029%$1.1M$1.4M20xas long as short
Bitget SQQQUSDT0.0000%8h34.6200.000%$2.9M$1.2M20xas long as short
HTX SQQQ-USDT0.0000%8h34.690+0.202%$8K$1K10xas long as short
KuCoin SQQQUSDTMshort+0.0100%8h34.610−0.029%$124K$964K10x
GRVT SQQQ_USDT_Perp+0.0145%8h34.600−0.058%$4K$110K10xas long as short
OKX SQQQ-USDT-SWAPlong+0.0207%8h34.620long leg$845K$1.9M20x
BloFin SQQQ-USDT+0.0349%8h34.600−0.058%$84K$7K20xas long as short
MEXC SQQQ_USDT+0.0353%8h34.600−0.058%$1.7M$376K20xas long as short
Binance SQQQUSDT+0.0354%8h34.610−0.029%$6.9M$17.5M20xas long as short