Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against BingX+0.494%111s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BloFin is 0.494% dearer against BingX than usual: you sell high and buy low (spread +0.494% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 33 days. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SQD-USDT | 0.02832 | 0.0100 | pay 0.0050% / 4h | 2h 07m | — | $2.3M | — |
| Short | BloFin SQD-USDT | 0.02846 | 0.0050 | get 0.0025% / 4h | 2h 07m | $81K | $43K | 50x |
BingX SQD-USDT
BloFin SQD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$10.46
- Price spread: +0.494% → 0.000%
- $49.44
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $16.98
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 11 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 11 min ago | 8.77 bp | 44.2 bp −$44 | 145.0 bp −$1,450 | 1241.3 bp −$124.1K | 1473.3 bp −$736.6K |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SQD-USDTshort | +0.0050% | 4h | 0.02846 | +0.494% | $81K | $43K | 50x | |
| Aster SQDUSDT | +0.0100% | 4h | 0.02834 | +0.082% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDT | +0.0100% | 4h | 0.02839 | +0.247% | $1.2M | $1.2M | 50x | as long as short |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02830 | −0.071% | $883K | $496K | 20x | as long as short |
| Gate SQD_USDT | +0.0100% | 4h | 0.02836 | +0.141% | $597K | $43K | 20x | as long as short |
| MEXC SQD_USDT | +0.0100% | 4h | 0.02839 | +0.247% | $5.8M | $173K | 50x | as long as short |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02833 | +0.035% | $392K | $1.2M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02832 | 0.000% | $725K | $83K | 25x | as long as short |
| BingX SQD-USDTlong | +0.0100% | 4h | 0.02832 | long leg | — | $2.3M | — | |
| Variational Omni SQD | +0.0100% | 4h | 0.02835 | +0.103% | $11K | $52K | — | as long as short |
Aster SQDUSDT
Binance SQDUSDT
Bybit SQDUSDT
Gate SQD_USDT
MEXC SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
Variational Omni SQD