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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SQDUSDT | 0.02862 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $1.2M | $1.2M | 50x |
| Short | Gate SQD_USDT | 0.02850 | 0.0100 | get 0.0050% / 4h | 1h 30m | $600K | $43K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 2 min ago | 1.75 bp | 34.9 bp −$35 | 245.6 bp −$2,456 | doesn't fit | doesn't fit |
| Sell Gate live order book, 51 min ago | 21.02 bp | 197.0 bp −$197 | doesn't fit | doesn't fit | doesn't fit |
SQD on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SQD-USDT | +0.0086% | 4h | 0.02852 | −0.343% | $80K | $43K | 50x | as long as short |
| Aster SQDUSDT | +0.0100% | 4h | 0.02854 | −0.267% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDTlong | +0.0100% | 4h | 0.02862 | long leg | $1.2M | $1.2M | 50x | |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02851 | −0.378% | $889K | $503K | 20x | as long as short |
| Gate SQD_USDTshort | +0.0100% | 4h | 0.02850 | −0.413% | $600K | $43K | 20x | |
| MEXC SQD_USDT | +0.0100% | 4h | 0.02861 | −0.028% | $5.8M | $171K | 50x | as long as short |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02854 | −0.273% | $397K | $1.3M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02856 | −0.203% | $732K | $82K | 25x | as long as short |
| BingX SQD-USDT | +0.0100% | 4h | 0.02849 | −0.448% | — | $2.3M | — | as long as short |
| Variational Omni SQD | +0.0100% | 4h | 0.02838 | −0.827% | $11K | $52K | — | as long as short |
Binance SQDUSDT
Gate SQD_USDT
BloFin SQD-USDT
Aster SQDUSDT
Bybit SQDUSDT
MEXC SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
BingX SQD-USDT
Variational Omni SQD