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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.139%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,429as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,431as in the Price arb table
costs, in and out, $10k−$1,42914.286% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.139%, 7d avg −0.116%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.023% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.116%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SQDUSDT0.028710.0100pay 0.0050% / 4h2h 16m$1.2M$1.3M50x
ShortKuCoin SQDUSDTM0.028670.0100get 0.0050% / 4h2h 16m$398K$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$0
Price spread: −0.139% → −0.116%
−$2.29
Slippage, 4 orders
−$1,406.65
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,430.94
Costs to cover
14.286%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago5.22 bp36.5 bp −$37189.9 bp −$1,899doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago5.23 bp693.8 bp −$694doesn't fitdoesn't fitdoesn't fit

SQD on 9 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
Aster SQDUSDT+0.0100%4h0.02867−0.133%$15K$1K5xas long as short
Binance SQDUSDTlong+0.0100%4h0.02871long leg$1.2M$1.3M50x
Bybit SQDUSDT+0.0100%4h0.02865−0.209%$887K$410K20xas long as short
Gate SQD_USDT+0.0100%4h0.02867−0.139%$605K$35K20xas long as short
MEXC SQD_USDT+0.0100%4h0.028710.000%$5.8M$176K50xas long as short
KuCoin SQDUSDTMshort+0.0100%4h0.02867−0.139%$398K$1.3M50x
Bitget SQDUSDT+0.0100%4h0.02866−0.174%$733K$66K25xas long as short
BingX SQD-USDT+0.0100%4h0.02868−0.104%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02866−0.158%$11K$52Kas long as short