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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC+0.034%79s7-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 0.034% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SQD_USDT0.029050.0100pay 0.0050% / 4h37m 54s$5.9M$179K50x
ShortBloFin SQD-USDT0.029060.0119get 0.0059% / 4h37m 54s$82K$42K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$3.92
Price spread: +0.034% → 0.000%
$3.44
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$8.64
Costs to cover
0.160%
Break-even
22.4 days
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago3.44 bp19.5 bp −$1974.9 bp −$749247.1 bp −$24.7Kdoesn'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 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%4h0.02904−0.042%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02906+0.034%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02896−0.310%$893K$363K20xas long as short
Gate SQD_USDT+0.0100%4h0.02900−0.172%$611K$30K20xas long as short
MEXC SQD_USDTlong+0.0100%4h0.02905long leg$5.9M$179K50x
KuCoin SQDUSDTM+0.0100%4h0.02900−0.172%$403K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02898−0.241%$741K$56K25xas long as short
BingX SQD-USDT+0.0100%4h0.02903−0.069%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02894−0.380%$7K$56Kas long as short
BloFin SQD-USDTshort+0.0119%4h0.02906+0.034%$82K$42K50x