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 BingX−0.035%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$508as in the Funding arb table
Net, price: spread back to 7d avg − costs−$502as in the Price arb table
costs, in and out, $10k−$5085.076% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now −0.035%, 7d avg −0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.057% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SQD-USDT | 0.02842 | 0.0100 | pay 0.0050% / 4h | 2h 25m | — | $2.3M | — |
| Short | Gate SQD_USDT | 0.02841 | 0.0100 | get 0.0050% / 4h | 2h 25m | $598K | $41K | 20x |
BingX SQD-USDT
Gate SQD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.035% → −0.092%
- $5.69
- Slippage, 4 orders
- −$482.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$501.95
- Costs to cover
- 5.076%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 60 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 BingX live order book, 3 min ago | 12.32 bp | 42.9 bp −$43 | 128.2 bp −$1,282 | 1254.9 bp −$125.5K | 1497.1 bp −$748.6K |
| Sell Gate live order book, 60 min ago | 24.45 bp | 179.8 bp −$180 | 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 | +0.0082% | 4h | 0.02849 | +0.246% | $81K | $43K | 50x | as long as short |
| Aster SQDUSDT | +0.0100% | 4h | 0.02844 | +0.063% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDT | +0.0100% | 4h | 0.02854 | +0.405% | $1.2M | $1.2M | 50x | as long as short |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02837 | −0.176% | $885K | $501K | 20x | as long as short |
| Gate SQD_USDTshort | +0.0100% | 4h | 0.02841 | −0.035% | $598K | $41K | 20x | |
| MEXC SQD_USDT | +0.0100% | 4h | 0.02853 | +0.387% | $5.8M | $172K | 50x | as long as short |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02846 | +0.141% | $395K | $1.2M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02839 | −0.106% | $727K | $83K | 25x | as long as short |
| BingX SQD-USDTlong | +0.0100% | 4h | 0.02842 | long leg | — | $2.3M | — | |
| Variational Omni SQD | +0.0100% | 4h | 0.02833 | −0.304% | $11K | $52K | — | as long as short |
BloFin SQD-USDT
Aster SQDUSDT
Binance SQDUSDT
Bybit SQDUSDT
MEXC SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
Variational Omni SQD