Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRnext payment +$1.48 per $10,000 · paid last 24h +0.032%
Price spread now: MEXC against OKX−0.058%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.058%, 7d avg −0.032%
=Funding pays, the price is against you. MEXC is 0.026% cheaper against OKX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.032%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SQQQ-USDT-SWAP | 34.630 | 0.0210 | pay 0.0210% / 8h | 1h 17m | $872K | $1.9M | 20x |
| Short | MEXC SQQQ_USDT | 34.610 | 0.0358 | get 0.0358% / 8h | 1h 17m | $1.7M | $378K | 20x |
OKX SQQQ-USDT-SWAP
MEXC SQQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $30.98
- Price spread: −0.058% → −0.032%
- −$2.55
- Slippage, 4 orders
- −$21.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$2.66
- Costs to cover
- 0.311%
- Break-even
- 7.6 days
Slippage from OKX: live order book, 5 min ago; MEXC: live order book, 4 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 | 1.44 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.44 bp | 1.4 bp −$1 | 5.9 bp −$59 | 125.1 bp −$12.5K | 233.8 bp −$116.9K |
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 | 34.610 | −0.058% | $783K | $562K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.620 | −0.029% | $1.1M | $1.4M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.680 | +0.144% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0032% | 8h | 34.630 | 0.000% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.600 | −0.087% | $123K | $957K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0141% | 8h | 34.620 | −0.029% | $4K | $112K | 10x | as long as short |
| OKX SQQQ-USDT-SWAPlong | +0.0210% | 8h | 34.630 | long leg | $872K | $1.9M | 20x | |
| BloFin SQQQ-USDT | +0.0332% | 8h | 34.660 | +0.087% | $87K | $7K | 20x | as long as short |
| Binance SQQQUSDT | +0.0357% | 8h | 34.615 | −0.042% | $6.9M | $17.8M | 20x | as long as short |
| MEXC SQQQ_USDTshort | +0.0358% | 8h | 34.610 | −0.058% | $1.7M | $378K | 20x |
Bybit SQQQUSDT
Gate SQQQ_USDT
HTX SQQQ-USDT
Bitget SQQQUSDT
KuCoin SQQQUSDTM
GRVT SQQQ_USDT_Perp
BloFin SQQQ-USDT
Binance SQQQUSDT