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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.069%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,551as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,550as in the Price arb table
costs, in and out, $10k−$1,55115.513% 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)−0.034%−$3 · spread now +0.069%, 7d avg +0.058%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SQDUSDT0.028850.0100pay 0.0050% / 4h1h 27m$892K$376K20x
ShortKuCoin SQDUSDTM0.028870.0100get 0.0050% / 4h1h 27m$402K$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.069% → +0.058%
$1.14
Slippage, 4 orders
−$1,528.33
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,550.19
Costs to cover
15.513%
Break-even
never at this rate
Slippage from Bybit: live order book, 33 min ago; KuCoin: live order book, 8 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, 33 min ago6.95 bp50.4 bp −$501656.4 bp −$16.6Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago1.73 bp763.5 bp −$764doesn't fitdoesn'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
BloFin SQD-USDT+0.0099%4h0.02897+0.416%$81K$41K50xas long as short
Aster SQDUSDT+0.0100%4h0.02892+0.257%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02889+0.133%$1.2M$1.3M50xas long as short
Bybit SQDUSDTlong+0.0100%4h0.02885long leg$892K$376K20x
Gate SQD_USDT+0.0100%4h0.02888+0.104%$609K$31K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02891+0.208%$5.9M$181K50xas long as short
KuCoin SQDUSDTMshort+0.0100%4h0.02887+0.069%$402K$1.3M50x
Bitget SQDUSDT+0.0100%4h0.02889+0.139%$739K$57K25xas long as short
BingX SQD-USDT+0.0100%4h0.02886+0.035%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02893+0.274%$11K$52Kas long as short