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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.104%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1891.893% 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)−0.069%−$7 · spread now +0.104%, 7d avg +0.100%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SQDUSDT0.028750.0100pay 0.0050% / 4h1h 36m$889K$382K20x
ShortBitget SQDUSDT0.028780.0100get 0.0050% / 4h1h 36m$736K$59K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.104% → +0.100%
$0.47
Slippage, 4 orders
−$166.28
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$188.81
Costs to cover
1.893%
Break-even
never at this rate
Slippage from Bybit: live order book, 23 min ago; Bitget: live order book, 24 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 Bybit live order book, 23 min ago6.95 bp50.4 bp −$501656.4 bp −$16.6Kdoesn't fitdoesn't fit
Sell Bitget live order book, 24 min ago10.41 bp37.3 bp −$37159.7 bp −$1,597doesn'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
Aster SQDUSDT+0.0100%4h0.02880+0.177%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02885+0.348%$1.2M$1.3M50xas long as short
Bybit SQDUSDTlong+0.0100%4h0.02875long leg$889K$382K20x
Gate SQD_USDT+0.0100%4h0.02879+0.139%$607K$31K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02886+0.383%$5.9M$180K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02877+0.070%$404K$1.3M50xas long as short
Bitget SQDUSDTshort+0.0100%4h0.02878+0.104%$736K$59K25x
BingX SQD-USDT+0.0100%4h0.02880+0.174%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02873−0.054%$11K$52Kas long as short
BloFin SQD-USDT+0.0124%4h0.02878+0.104%$81K$41K50xas long as short