SQD funding rates and arbitrage
Updated 2026-10-30 01:27 UTC
Best SQD arbitrage after every cost
No SQD pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
SQD funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BloFin | SQD-USDT | 0.0060% | 4 h | +13.0% | +10.9% | $58.7K | 2026-10-30 04:00 |
| BingX | SQD-USDT | 0.0050% | 4 h | +10.9% | +11.1% | $208.4K | 2026-10-30 04:00 |
| KuCoin | SQDUSDTM | 0.0050% | 4 h | +10.9% | +11.1% | $214.5K | 2026-10-30 04:00 |
| Bybit | SQDUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $561.7K | 2026-10-30 04:00 |
| MEXC | SQD_USDT | 0.0050% | 4 h | +10.9% | +11.1% | $1.5M | 2026-10-30 04:00 |
| Bitget | SQDUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $408.8K | 2026-10-30 04:00 |
| WOO X | PERP_SQD_USDT | 0.0050% | 4 h | +10.9% | +11.1% | $2 | 2026-10-30 04:00 |
| LBank | SQDUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-30 04:00 |
| Bitunix | SQDUSDT | 0.0050% | 4 h | +10.9% | +11.1% | — | 2026-10-30 04:00 |
| Variational | SQD-PERP | 0.0050% | 4 h | +10.9% | — | $5.9K | 2026-10-30 04:00 |
| Aster | SQDUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $8.3K | 2026-10-30 04:00 |
| Binance | SQDUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $1.1M | 2026-10-30 04:00 |
| Gate | SQD_USDT | 0.0050% | 4 h | +10.9% | +11.1% | $217.8K | 2026-10-30 04:00 |
Borrow SQD to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 9.00% | $30K |
Cost to enter $10,000 of SQD
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | SQD_USDT | 4.7 bp | top of book only |
| Binance | SQDUSDT | 7.7 bp | top of book only |
| BingX | SQD-USDT | 7.7 bp | top of book only |
| Variational | SQD-PERP | 19.1 bp | top of book only |
| BloFin | SQD-USDT | 19.6 bp | top of book only |
| Bybit | SQDUSDT (spot) | 20.9 bp | top of book only |
| Gate | SQD_USDT | 21.2 bp | top of book only |
| Bybit | SQDUSDT | 21.9 bp | top of book only |
| Bitget | SQDUSDT | 22.4 bp | top of book only |
| Aster | SQDUSDT | 23.1 bp | top of book only |
| KuCoin | SQDUSDTM | 35.9 bp | top of book only |
| Gate | SQD_USDT (spot) | 41.8 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on SQD
Questions
Is SQD funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no SQD pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest SQD funding rate?
BloFin at +13.0% a year (0.0060% every 4 h); the lowest is Gate at +10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.