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: Gate against Binance−0.413%7-day average −0.210% · you buy dearer than you sell
Net, funding: paid 7d − costs−$481as in the Funding arb table
Net, price: spread back to 7d avg − costs−$502as in the Price arb table
costs, in and out, $10k−$4814.814% 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)+0.118%+$12 · spread now −0.413%, 7d avg −0.210%
Together, before fees+0.118%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.203% cheaper against Binance than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.210%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SQDUSDT0.028620.0100pay 0.0050% / 4h1h 30m$1.2M$1.2M50x
ShortGate SQD_USDT0.028500.0100get 0.0050% / 4h1h 30m$600K$43K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: −0.413% → −0.210%
−$20.27
Slippage, 4 orders
−$456.42
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$501.69
Costs to cover
4.814%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 51 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 Binance live order book, 2 min ago1.75 bp34.9 bp −$35245.6 bp −$2,456doesn't fitdoesn't fit
Sell Gate live order book, 51 min ago21.02 bp197.0 bp −$197doesn'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+0.0086%4h0.02852−0.343%$80K$43K50xas long as short
Aster SQDUSDT+0.0100%4h0.02854−0.267%$15K$1K5xas long as short
Binance SQDUSDTlong+0.0100%4h0.02862long leg$1.2M$1.2M50x
Bybit SQDUSDT+0.0100%4h0.02851−0.378%$889K$503K20xas long as short
Gate SQD_USDTshort+0.0100%4h0.02850−0.413%$600K$43K20x
MEXC SQD_USDT+0.0100%4h0.02861−0.028%$5.8M$171K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02854−0.273%$397K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02856−0.203%$732K$82K25xas long as short
BingX SQD-USDT+0.0100%4h0.02849−0.448%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02838−0.827%$11K$52Kas long as short