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: BingX against KuCoin0.000%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,336as in the Price arb table
costs, in and out, $10k−$1,33513.351% 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 7 days−0.134%−$13 · spread now 0.000%, 7d avg +0.009%
Together, before fees−0.134%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SQDUSDTM0.028990.0100pay 0.0050% / 4h38m 40s$403K$1.3M50x
ShortBingX SQD-USDT0.028990.0100get 0.0050% / 4h38m 40s$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: 0.000% → +0.009%
−$0.91
Slippage, 4 orders
−$1,313.13
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,336.03
Costs to cover
13.351%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 10 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 KuCoin live order book, 2 min ago3.45 bp584.6 bp −$585doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago10.38 bp40.3 bp −$4098.3 bp −$983733.4 bp −$73.3K1089.1 bp −$544.6K

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%4h0.02901+0.070%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02904+0.181%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02896−0.103%$893K$364K20xas long as short
Gate SQD_USDT+0.0100%4h0.02898−0.034%$611K$30K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02903+0.138%$5.9M$179K50xas long as short
KuCoin SQDUSDTMlong+0.0100%4h0.02899long leg$403K$1.3M50x
Bitget SQDUSDT+0.0100%4h0.02897−0.069%$741K$56K25xas long as short
BingX SQD-USDTshort+0.0100%4h0.028990.000%$2.3M
Variational Omni SQD+0.0100%4h0.02894−0.174%$7K$56Kas long as short
BloFin SQD-USDT+0.0119%4h0.02906+0.241%$82K$42K50xas long as short