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: MEXC against BingX+0.212%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.090%−$9 · spread now +0.212%, 7d avg +0.110%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.102% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SQD-USDT | 0.02829 | 0.0100 | pay 0.0050% / 4h | 2h 04m | — | $2.3M | — |
| Short | MEXC SQD_USDT | 0.02835 | 0.0100 | get 0.0050% / 4h | 2h 04m | $5.8M | $173K | 50x |
BingX SQD-USDT
MEXC SQD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.212% → +0.110%
- $10.24
- Slippage, 4 orders
- −$115.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$118.87
- Costs to cover
- 1.291%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; MEXC: live order book, 3 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, 13 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 MEXC live order book, 3 min ago | 3.52 bp | 26.8 bp −$27 | 73.3 bp −$733 | 250.7 bp −$25.1K | 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 | +0.0071% | 4h | 0.02832 | +0.106% | $81K | $43K | 50x | as long as short |
| Aster SQDUSDT | +0.0100% | 4h | 0.02833 | +0.155% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDT | +0.0100% | 4h | 0.02835 | +0.219% | $1.2M | $1.2M | 50x | as long as short |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02831 | +0.071% | $883K | $496K | 20x | as long as short |
| Gate SQD_USDT | +0.0100% | 4h | 0.02830 | +0.035% | $595K | $43K | 20x | as long as short |
| MEXC SQD_USDTshort | +0.0100% | 4h | 0.02835 | +0.212% | $5.8M | $173K | 50x | |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02831 | +0.071% | $392K | $1.2M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02836 | +0.247% | $726K | $83K | 25x | as long as short |
| BingX SQD-USDTlong | +0.0100% | 4h | 0.02829 | long leg | — | $2.3M | — | |
| Variational Omni SQD | +0.0100% | 4h | 0.02822 | −0.234% | $11K | $52K | — | as long as short |
BloFin SQD-USDT
Aster SQDUSDT
Binance SQDUSDT
Bybit SQDUSDT
Gate SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
Variational Omni SQD