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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.105%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1951.953% 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)+0.013%+$1 · spread now +0.105%, 7d avg +0.099%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SQDUSDT0.028570.0100pay 0.0050% / 4h1h 27m$891K$503K20x
ShortBitget SQDUSDT0.028600.0100get 0.0050% / 4h1h 27m$733K$82K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.105% → +0.099%
$0.55
Slippage, 4 orders
−$172.32
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$194.77
Costs to cover
1.953%
Break-even
never at this rate
Slippage from Bybit: live order book, 53 min ago; Bitget: live order book, 53 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, 53 min ago14.06 bp65.7 bp −$66753.4 bp −$7,534doesn't fitdoesn't fit
Sell Bitget live order book, 53 min ago15.79 bp32.2 bp −$32159.4 bp −$1,594doesn't fitdoesn't fit

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 SQDUSDT+0.0100%4h0.02867+0.336%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02864+0.245%$1.2M$1.3M50xas long as short
Bybit SQDUSDTlong+0.0100%4h0.02857long leg$891K$503K20x
Gate SQD_USDT+0.0100%4h0.02864+0.245%$603K$44K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02862+0.175%$5.8M$171K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02862+0.175%$409K$1.3M50xas long as short
Bitget SQDUSDTshort+0.0100%4h0.02860+0.105%$733K$82K25x
BingX SQD-USDT+0.0100%4h0.02859+0.070%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02838−0.660%$11K$52Kas long as short
BloFin SQD-USDT+0.0151%4h0.02867+0.350%$81K$43K50xas long as short