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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.244%7-day average +0.241% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1881.876% 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 4 days (all we have)−0.067%−$7 · spread now +0.244%, 7d avg +0.241%
Together, before fees−0.067%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SQDUSDT0.028730.0100pay 0.0050% / 4h1h 08m$887K$233K20x
ShortBinance SQDUSDT0.028800.0100get 0.0050% / 4h1h 08m$1.2M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.244% → +0.241%
$0.22
Slippage, 4 orders
−$166.56
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$187.35
Costs to cover
1.876%
Break-even
never at this rate
Slippage from Bybit: live order book, 34 min ago; Binance: live order book, 2 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 Bybit live order book, 34 min ago8.68 bp53.9 bp −$541151.8 bp −$11.5Kdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago1.74 bp40.6 bp −$41163.6 bp −$1,636doesn't fitdoesn't fit

SQD on 10 exchanges

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%4h0.02874+0.033%$15K$9285xas long as short
Binance SQDUSDTshort+0.0100%4h0.02880+0.244%$1.2M$1.3M50x
Bybit SQDUSDTlong+0.0100%4h0.02873long leg$887K$233K20x
Gate SQD_USDT+0.0100%4h0.028730.000%$607K$27K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02879+0.209%$5.8M$181K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02877+0.139%$398K$1.2M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02874+0.035%$745K$58K25xas long as short
BingX SQD-USDT+0.0100%4h0.02874+0.035%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02869−0.146%$7K$11Kas long as short
BloFin SQD-USDT+0.0112%4h0.02879+0.209%$79K$25K50xas long as short