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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.070%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$499as in the Funding arb table
Net, price: spread back to 7d avg − costs−$501as in the Price arb table
costs, in and out, $10k−$4994.991% 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)+0.154%+$15 · spread now +0.070%, 7d avg +0.088%
Together, before fees+0.154%+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SQD_USDT0.028440.0100pay 0.0050% / 4h1h 32m$599K$43K20x
ShortBingX SQD-USDT0.028460.0100get 0.0050% / 4h1h 32m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: +0.070% → +0.088%
−$1.76
Slippage, 4 orders
−$474.08
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$500.83
Costs to cover
4.991%
Break-even
never at this rate
Slippage from Gate: live order book, 49 min ago; BingX: live order book, 16 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 Gate live order book, 49 min ago21.02 bp213.6 bp −$214doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 16 min ago12.36 bp50.7 bp −$51111.9 bp −$1,119827.9 bp −$82.8Kdoesn'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%4h0.02848+0.137%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02849+0.176%$1.2M$1.2M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02838−0.211%$885K$501K20xas long as short
Gate SQD_USDTlong+0.0100%4h0.02844long leg$599K$43K20x
MEXC SQD_USDT+0.0100%4h0.02851+0.246%$5.8M$171K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02846+0.070%$395K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02843−0.035%$728K$81K25xas long as short
BingX SQD-USDTshort+0.0100%4h0.02846+0.070%$2.3M
Variational Omni SQD+0.0100%4h0.02839−0.187%$11K$52Kas long as short
BloFin SQD-USDT+0.0146%4h0.02852+0.281%$80K$43K50xas long as short