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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.11 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against BloFin−0.069%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 days−0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.069% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SQD-USDT0.028860.0121pay 0.0061% / 4h2h 46m$80K$41K50x
ShortKuCoin SQDUSDTM0.028840.0100get 0.0050% / 4h2h 46m$399K$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$4.49
Price spread: −0.069% → 0.000%
−$6.93
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$35.42
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago3.47 bp575.5 bp −$575doesn't fitdoesn'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 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
Aster SQDUSDT+0.0100%4h0.02889+0.100%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02891+0.173%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02883−0.104%$895K$353K20xas long as short
Gate SQD_USDT+0.0100%4h0.02887+0.035%$609K$28K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02891+0.173%$5.9M$181K50xas long as short
KuCoin SQDUSDTMshort+0.0100%4h0.02884−0.069%$399K$1.3M50x
Bitget SQDUSDT+0.0100%4h0.02883−0.104%$739K$55K25xas long as short
BingX SQD-USDT+0.0100%4h0.02888+0.069%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02871−0.520%$7K$35Kas long as short
BloFin SQD-USDTlong+0.0121%4h0.02886long leg$80K$41K50x