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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.11 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against BloFin−0.123%82s7-day average · 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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.123% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SQD-USDT0.028990.0121pay 0.0061% / 4h2h 57m$80K$29K50x
ShortAster SQDUSDT0.028950.0100get 0.0050% / 4h2h 57m$15K$9285x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$4.45
Price spread: −0.123% → 0.000%
−$12.27
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$36.72
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Aster: 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 BloFin no order-book sample
Sell Aster no order-book sample
BloFin and Aster: 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
Aster SQDUSDTshort+0.0100%4h0.02895−0.123%$15K$9285x
Binance SQDUSDT+0.0100%4h0.02898−0.031%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02890−0.310%$894K$300K20xas long as short
Gate SQD_USDT+0.0100%4h0.02892−0.241%$610K$26K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02897−0.069%$5.9M$181K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02891−0.276%$401K$1.2M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02893−0.207%$755K$58K25xas long as short
BingX SQD-USDT+0.0100%4h0.02893−0.207%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02888−0.381%$7K$27Kas long as short
BloFin SQD-USDTlong+0.0121%4h0.02899long leg$80K$29K50x