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 Bybit+0.034%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$460as in the Funding arb table
Net, price: spread back to 7d avg − costs−$460as in the Price arb table
costs, in and out, $10k−$4604.603% 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)−0.177%−$18 · spread now +0.034%, 7d avg +0.027%
Together, before fees−0.177%−$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SQDUSDT0.029040.0100pay 0.0050% / 4h3h 53m$902K$368K20x
ShortGate SQD_USDT0.029050.0100get 0.0050% / 4h3h 53m$612K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.034% → +0.027%
$0.7
Slippage, 4 orders
−$434.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$459.56
Costs to cover
4.603%
Break-even
never at this rate
Slippage from Bybit: live order book, 62 min ago; Gate: live order book, 63 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, 62 min ago6.90 bp52.2 bp −$52768.1 bp −$7,681doesn't fitdoesn't fit
Sell Gate live order book, 63 min ago13.77 bp175.4 bp −$175doesn'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+0.0077%4h0.02914+0.344%$81K$42K50xas long as short
Aster SQDUSDT+0.0100%4h0.02909+0.189%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02914+0.346%$1.2M$1.3M50xas long as short
Bybit SQDUSDTlong+0.0100%4h0.02904long leg$902K$368K20x
Gate SQD_USDTshort+0.0100%4h0.02905+0.034%$612K$29K20x
MEXC SQD_USDT+0.0100%4h0.02911+0.241%$5.9M$180K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02909+0.172%$405K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02905+0.034%$743K$54K25xas long as short
BingX SQD-USDT+0.0100%4h0.02911+0.241%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02902−0.069%$7K$41Kas long as short