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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against BloFin−0.026%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.026% cheaper against BloFin than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 46 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SQD-USDT0.028900.0055pay 0.0028% / 4h1h 56m$79K$26K50x
ShortBinance SQDUSDT0.028890.0100get 0.0050% / 4h1h 56m$1.2M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$9.42
Price spread: −0.026% → 0.000%
−$2.59
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$15.17
Costs to cover
0.220%
Break-even
18.3 days
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Binance live order book, 14 min ago3.47 bp45.6 bp −$46152.3 bp −$1,523doesn't fitdoesn't fit
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 exchanges

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-USDTlong+0.0055%4h0.02890long leg$79K$26K50x
Aster SQDUSDT+0.0100%4h0.02885−0.162%$15K$9285xas long as short
Binance SQDUSDTshort+0.0100%4h0.02889−0.026%$1.2M$1.3M50x
Bybit SQDUSDT+0.0100%4h0.02881−0.311%$891K$242K20xas long as short
Gate SQD_USDT+0.0100%4h0.02880−0.346%$608K$27K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02888−0.069%$5.8M$179K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02884−0.208%$401K$1.2M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02885−0.173%$749K$58K25xas long as short
BingX SQD-USDT+0.0100%4h0.02884−0.208%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02868−0.750%$7K$11Kas long as short