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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.09 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against BloFin−0.175%66s7-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 7 days−0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BingX is 0.175% cheaper against BloFin than usual: you would sell low and buy high (spread −0.175% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 31 days of funding at the current rate (+$1 a day). 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
LongBloFin SQD-USDT0.028630.0081pay 0.0041% / 4h1h 06m$80K$43K50x
ShortBingX SQD-USDT0.028580.0100get 0.0050% / 4h1h 06m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$3.96
Price spread: −0.175% → 0.000%
−$17.46
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$35.5
Costs to cover
0.220%
Break-even
69.7 days
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 7 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 BloFin no order-book sample
Sell BingX live order book, 7 min ago8.77 bp40.9 bp −$4197.0 bp −$970880.1 bp −$88.0K1269.1 bp −$634.5K
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-USDTlong+0.0081%4h0.02863long leg$80K$43K50x
Aster SQDUSDT+0.0100%4h0.02860−0.117%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02866+0.105%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02854−0.314%$890K$510K20xas long as short
Gate SQD_USDT+0.0100%4h0.02855−0.279%$601K$44K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02867+0.140%$5.8M$173K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02860−0.105%$400K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02855−0.279%$731K$82K25xas long as short
BingX SQD-USDTshort+0.0100%4h0.02858−0.175%$2.3M
Variational Omni SQD+0.0100%4h0.02853−0.345%$11K$52Kas long as short