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+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bybit+0.244%7-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 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.244% dearer against Bybit than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SQDUSDT0.028730.0100pay 0.0050% / 4h1h 50m$888K$242K20x
ShortBloFin SQD-USDT0.028800.0146get 0.0073% / 4h1h 50m$79K$26K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$9.67
Price spread: +0.244% → 0.000%
$24.36
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$11.03
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Bybit: live order book, 57 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 Bybit live order book, 57 min ago8.70 bp65.3 bp −$65588.7 bp −$5,887doesn't fitdoesn't fit
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 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%4h0.02877+0.122%$15K$9285xas long as short
Binance SQDUSDT+0.0100%4h0.02883+0.348%$1.2M$1.3M50xas long as short
Bybit SQDUSDTlong+0.0100%4h0.02873long leg$888K$242K20x
Gate SQD_USDT+0.0100%4h0.02875+0.070%$607K$27K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02884+0.383%$5.8M$179K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02877+0.139%$402K$1.2M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02877+0.139%$746K$58K25xas long as short
BingX SQD-USDT+0.0100%4h0.028730.000%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02880+0.235%$7K$11Kas long as short
BloFin SQD-USDTshort+0.0146%4h0.02880+0.244%$79K$26K50x