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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX0.000%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1601.603% 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)−0.011%−$1 · spread now 0.000%, 7d avg −0.014%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SQD-USDT0.028860.0100pay 0.0050% / 4h3h 58m$2.3M
ShortBitget SQDUSDT0.028860.0100get 0.0050% / 4h3h 58m$740K$55K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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% → −0.014%
$1.37
Slippage, 4 orders
−$138.27
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$158.9
Costs to cover
1.603%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 37 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 BingX live order book, 5 min ago8.66 bp41.7 bp −$42114.8 bp −$1,1481215.5 bp −$121.5K1463.8 bp −$731.9K
Sell Bitget live order book, 37 min ago12.07 bp37.0 bp −$37123.4 bp −$1,234doesn'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
Aster SQDUSDT+0.0100%4h0.02887+0.050%$15K$9285xas long as short
Binance SQDUSDT+0.0100%4h0.02890+0.129%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02882−0.139%$889K$333K20xas long as short
Gate SQD_USDT+0.0100%4h0.028860.000%$608K$28K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02889+0.104%$5.9M$181K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02889+0.104%$404K$1.3M50xas long as short
Bitget SQDUSDTshort+0.0100%4h0.028860.000%$740K$55K25x
BingX SQD-USDTlong+0.0100%4h0.02886long leg$2.3M
Variational Omni SQD+0.0100%4h0.02881−0.187%$7K$33Kas long as short
BloFin SQD-USDT+0.0112%4h0.02889+0.104%$80K$29K50xas long as short