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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.05 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against BingX+0.277%66s7-day average · you sell dearer than you buy
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+0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.277% dearer against BingX than usual: you sell high and buy low (spread +0.277% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SQD-USDT0.028860.0100pay 0.0050% / 4h18m 14s$2.3M
ShortBloFin SQD-USDT0.028940.0091get 0.0045% / 4h18m 14s$81K$41K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
−$1.97
Price spread: +0.277% → 0.000%
$27.72
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$3.75
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BingX: live order book, 5 min ago; BloFin: no order-book sample. 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 BingX live order book, 5 min ago10.39 bp35.5 bp −$36113.3 bp −$1,1331214.0 bp −$121.4K1461.9 bp −$731.0K
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SQD 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
BloFin SQD-USDTshort+0.0091%4h0.02894+0.277%$81K$41K50x
Aster SQDUSDT+0.0100%4h0.02888+0.083%$15K$9285xas long as short
Binance SQDUSDT+0.0100%4h0.02893+0.256%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02884−0.069%$890K$337K20xas long as short
Gate SQD_USDT+0.0100%4h0.02885−0.035%$608K$29K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02893+0.243%$5.9M$183K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02887+0.035%$401K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02888+0.069%$740K$55K25xas long as short
BingX SQD-USDTlong+0.0100%4h0.02886long leg$2.3M
Variational Omni SQD+0.0100%4h0.02880−0.191%$7K$33Kas long as short