ArbiLayer

SQD arbitrage

live

Live SQD price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.05%Bybit → Binance · Perp–Perp
Best perp–perp spread+0.11%Bybit → Binance
Markets tracked128 venues · 8 perp · 4 spot · 0 DEX
Price range0.23%$0.0281 – $0.0282

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

SQD price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinPerpetual · SQDUSDTMPerpetual $0.0281$0.0282$0.0282-0.07% +0.030%$1.64M
Bybit logoBybitPerpetual · SQDUSDTPerpetual $0.0281$0.0281$0.0281-0.18% +0.030%$479.6K
Gate logoGatePerpetual · SQD_USDTPerpetual $0.0281$0.0282$0.0281-0.11% +0.030%$234.7K
Bybit logoBybitSpot · SQDUSDTSpot $0.0282$0.0282$0.0282+0.02% —$131.9K
MEXC logoMEXCPerpetual · SQD_USDTPerpetual $0.0282$0.0282$0.02820.00% +0.030%$119.8K
Gate logoGateSpot · SQD_USDTSpot $0.0281$0.0282$0.0282-0.05% —$77.8K
KuCoin logoKuCoinSpot · SQD-USDTSpot $0.0282$0.0282$0.02820.00% —$59.0K
Bitget logoBitgetPerpetual · SQDUSDTPerpetual $0.0282$0.0282$0.0282+0.05% +0.030%$58.9K
Variational logoVariationalPerpetual · SQDPerpetual $0.0281$0.0282$0.0281-0.09% +0.030%$796
Binance logoBinancePerpetual · SQDUSDTPerpetual $0.0282$0.0282$0.02820.00% +0.030%—
Aster logoAsterPerpetual · SQDUSDTPerpetual $0.0281$0.0282$0.0282+0.02% +0.030%—
MEXC logoMEXCSpot · SQDUSDTSpot $0.0281$0.0282$0.0282+0.02% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SQD arbitrage explained

Right now SQD trades on 8 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.0281 and the highest bid on Bybit spot at $0.0282.

The widest SQD perpetual spread is between Bybit and Binance: long SQD on Bybit at $0.0281 and short on Binance at $0.0282 for +0.11% gross, or -0.05% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best SQD route is to buy spot on Bybit and short the perpetual on Binance: -0.11% gross, -0.31% net, with +0.030% a day of funding on the short leg.

Spot–spot SQD arbitrage (buy on Gate, withdraw, deposit and sell on Bybit) shows -0.11% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small SQD gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: SQD funding rates · SQD spread charts · SQD price · arbitrage scanner for all coins.

Is there a SQD arbitrage opportunity right now?

The best SQD route right now is to buy on Bybit → sell on Binance (Perp–Perp): +0.11% gross and -0.05% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest SQD?

Bybit (perp) has the lowest SQD ask at $0.0281, and Bybit (spot) the highest bid at $0.0282. Prices update every 15 seconds on this page.

How many exchanges list SQD?

ArbiLayer tracks 12 SQD markets on 8 venues: 8 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage SQD without transferring coins?

Use two perpetual contracts: go long SQD on the cheaper exchange (Bybit now) and short it on the more expensive one (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins