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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.035%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$431as in the Funding arb table
Net, price: spread back to 7d avg − costs−$427as in the Price arb table
costs, in and out, $10k−$4314.307% 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)−0.135%−$14 · spread now −0.035%, 7d avg −0.071%
Together, before fees−0.135%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.036% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SQDUSDT0.028870.0100pay 0.0050% / 4h1h 37m$740K$55K25x
ShortGate SQD_USDT0.028860.0100get 0.0050% / 4h1h 37m$608K$28K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: −0.035% → −0.071%
$3.62
Slippage, 4 orders
−$403.71
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$427.09
Costs to cover
4.307%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 4 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 Bitget live order book, 3 min ago8.68 bp39.9 bp −$40315.2 bp −$3,152doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago17.34 bp200.7 bp −$201doesn't fitdoesn'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
BloFin SQD-USDT+0.0062%4h0.02895+0.277%$80K$41K50xas long as short
Aster SQDUSDT+0.0100%4h0.02888+0.049%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02894+0.233%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02884−0.104%$894K$343K20xas long as short
Gate SQD_USDTshort+0.0100%4h0.02886−0.035%$608K$28K20x
MEXC SQD_USDT+0.0100%4h0.02892+0.173%$5.9M$181K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02886−0.035%$399K$1.3M50xas long as short
Bitget SQDUSDTlong+0.0100%4h0.02887long leg$740K$55K25x
BingX SQD-USDT+0.0100%4h0.02888+0.035%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02876−0.364%$7K$33Kas long as short