Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against BloFin−0.070%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.070% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SQD-USDT | 0.02873 | 0.0132 | pay 0.0066% / 4h | 21m 06s | $81K | $41K | 50x |
| Short | BingX SQD-USDT | 0.02871 | 0.0100 | get 0.0050% / 4h | 21m 06s | — | $2.3M | — |
BloFin SQD-USDT
BingX SQD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$6.74
- Price spread: −0.070% → 0.000%
- −$6.96
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$35.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 13 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 13 min ago | 8.70 bp | 31.9 bp −$32 | 93.6 bp −$936 | 919.9 bp −$92.0K | doesn'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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SQDUSDT | +0.0100% | 4h | 0.02876 | +0.095% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDT | +0.0100% | 4h | 0.02877 | +0.133% | $1.2M | $1.3M | 50x | as long as short |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02867 | −0.209% | $893K | $512K | 20x | as long as short |
| Gate SQD_USDT | +0.0100% | 4h | 0.02871 | −0.070% | $605K | $45K | 20x | as long as short |
| MEXC SQD_USDT | +0.0100% | 4h | 0.02877 | +0.139% | $5.9M | $174K | 50x | as long as short |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02871 | −0.070% | $401K | $1.3M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02870 | −0.104% | $735K | $80K | 25x | as long as short |
| BingX SQD-USDTshort | +0.0100% | 4h | 0.02871 | −0.070% | — | $2.3M | — | |
| Variational Omni SQD | +0.0100% | 4h | 0.02868 | −0.188% | $11K | $52K | — | as long as short |
| BloFin SQD-USDTlong | +0.0132% | 4h | 0.02873 | long leg | $81K | $41K | 50x |
Aster SQDUSDT
Binance SQDUSDT
Bybit SQDUSDT
Gate SQD_USDT
MEXC SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
Variational Omni SQD