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SQD arbitrage

SQD on 12 exchanges spot and 14 in futures: live routes, past spreads and how long they last.

Prices at · open routes a minute older; real time in the scanners on paid plans · How we count

Price
$0.019975
24h volume
$7.2M
Exchanges
19
12 spot · 14 futures
Routes now
0
0 take · 0 risky
Gaps in 7 days
6,291
2,094 over a minute

SQD right now

SQD is cheapest on WEEX ($0.01992) and dearest on XT ($0.020005): 0.43% apart across 9 exchanges with a liquid spot market, before fees.

No route in profit after fees is worth a look right now.

Over 7 days a spread in profit opened 6,291 times, and 2,094 of them lasted a minute or longer; one usually closed within 9.0 s.

Funding per 8 hours runs from 0.0100% on MEXC to 0.0100% on Bitget, across 9 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).

SQD arbitrage opportunities now

Spot → spot, with a transfer

RouteSpreadSize at best priceTransferVerdict
HTX → XT0.818%$3.02No common network to transfer onAvoid
HTX → WEEX0.563%$3.02WEEX does not publish network statusAvoid
HTX → Coinbase ExchangeUSDT → USD0.504%$3.02Deposit status on Coinbase Exchange is unknownAvoid
HTX → MEXC1.070%$3.02sqd, fee 2.458 SQD, ~5 minAvoid
HTX → KuCoin0.971%$3.02sqd, fee 2.458 SQD, ~5 minAvoid
HTX → Bybit0.940%$3.02sqd, fee 2.458 SQD, ~5 minAvoid
HTX → Toobit0.717%$3.02sqd, fee 2.458 SQD, ~5 minAvoid
HTX → Gate0.920%—sqd, fee 2.458 SQD, ~5 minAvoid
HTX → Bitrue0.565%—sqd, fee 2.458 SQD, ~5 minAvoid

Spot and futures, no transfer

LongShortSpreadSize at best priceVerdict
HTX spotMEXC1.134%—Avoid
HTX spotToobit1.074%$3.02Avoid
HTX spotBinance1.074%$3.02Avoid
HTX spotXT1.003%$3.02Avoid
HTX spotKuCoin1.003%$3.02Avoid
HTX spotBingX0.972%$3.02Avoid
HTX spotWEEX0.963%$3.02Avoid
HTX spotBitget0.952%$3.02Avoid
HTX spotWOO X0.921%$3.02Avoid
HTX spotGate0.921%$3.02Avoid
HTX spotBybit0.749%$3.02Avoid

SQD arbitrage strategy

No SQD route worth taking with an open transfer right now. Gaps of a minute or longer open several times a week, though — here is how to catch the next one:

  1. Watch HTX → Coinbase SQD/USD: the spread opened there 71 times in 7 days, 8 of them for a minute or longer; it usually lasts 3.0 s.
  2. Check the transfer in advance: HTX or Coinbase does not publish its network status.
  3. Set an alert on the route: you hear when the spread pays after fees. Then buy on HTX and sell on Coinbase.

The route and its alert →

SQD price on every exchange

Refreshed every 10 seconds. The best buy and sell prices are highlighted.

Spot · 12

ExchangeBidAskBook spread24h volume
CoinbaseSQD/USD0.0199350.0199740.20%$158.2K
CoinbaseSQD/USDC0.0199350.0199740.20%$158.2K
Coinbase ExchangeSQD/USD0.0199350.0199740.20%$154.8K
HTXSQD/USDT0.0193000.0197002.05%$106.2K
BybitSQD/USDT0.0199600.0199900.15%$104.4K
MEXCSQD/USDT0.0199500.0200000.25%$74.1K
ToobitSQD/USDT0.0199400.0199900.25%$68.7K
XTSQD/USDT0.0199400.0200700.65%$46.4K
BitrueSQD/USDT0.0198700.0200801.05%$43K
KuCoinSQD/USDT0.0199700.0199900.10%$30.5K
WEEXSQD/USDT0.0198700.0199700.50%$25.7K
GateSQD/USDT0.0199500.0199900.20%$19.5K
Crypto.comSQD/USD0.0198000.0200801.40%$1,730
PoloniexSQD/USDT0.0126000.457600189.28%$2.93

Perpetual futures · 14

ExchangeBidAskBook spreadFunding24h volume
BingXSQD/USDT0.0199900.0200000.05%0.0050%/4h$2.3M
KuCoinSQD/USDT0.0200000.0200200.10%0.0050%/4h$1.9M
XTSQD/USDT0.0200000.0200200.10%0.0050%/4h$629.5K
BybitSQD/USDT0.0199500.0199900.20%0.0050%/4h$422.5K
BitgetSQD/USDT0.0199900.0200300.20%0.0050%/4h$247.2K
ToobitSQD/USDT0.0200100.0200200.05%0.0050%/4h$225.9K
WEEXSQD/USDT0.0200000.0200200.10%0.0050%/4h$197.2K
MEXCSQD/USDT0.0200000.0200200.10%0.0050%/4h$133K
GateSQD/USDT0.0199800.0199900.05%0.0050%/4h$116.8K
BloFinSQD/USDT0.0200000.0200200.10%0.0038%/4h$29.6K
AsterSQD/USDT0.0199800.0200400.30%0.0050%/4h$3,220
BinanceSQD/USDT0.0200000.0200200.10%0.0050%/4h—
WOO XSQD/USDT0.0199800.0201000.60%0.0050%/4h—
LBankSQD/USDTno quote0.0050%/4h—

How often SQD spreads open

Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.

MarketRouteOver a minuteGapsMedian lifetime
perp ↔ perpGate perp → MEXC perp2332499 min 11 s
spot ↔ perpMEXC spot → MEXC perp2032773 min 15 s
perp ↔ perpGate perp → Toobit perp1672004 min 53 s
perp ↔ perpGate perp → Binance perp1351694 min 05 s
perp ↔ perpBybit perp → MEXC perp1221911 min 59 s
perp ↔ perpGate perp → XT perp851481 min 36 s
perp ↔ perpGate perp → Bitget perp841421 min 33 s
spot ↔ perpWEEX spot → MEXC perp60732 min 44 s
perp ↔ perpKuCoin perp → MEXC perp561041 min 26 s
perp ↔ perpBingX perp → MEXC perp5311736 s
perp ↔ perpGate perp → BingX perp5010451 s
spot ↔ perpWEEX spot → Toobit perp46592 min 35 s
spot ↔ perpHTX spot → MEXC perp442406.0 s
perp ↔ perpBybit perp → Toobit perp449345 s
perp ↔ perpGate perp → WOO X perp359530 s
perp ↔ perpGate perp → WEEX perp347633 s
spot ↔ perpWEEX spot → XT perp34491 min 39 s
spot ↔ perpWEEX spot → Binance perp28372 min 39 s
spot ↔ perpWEEX spot → WEEX perp27391 min 57 s
spot ↔ perpMEXC spot → Toobit perp26363 min 42 s

Networks, deposits and withdrawals

Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.

NetworkExchangeDepositWithdrawWithdrawal fee
ARBBitrueArbitrumopenopen5 SQD
Bitvavoopenopen17 SQD
BybitARBIopenopen10 SQD
Coinbasearbitrumn/an/a—
Coinbase Exchangearbitrumn/an/a—
GateARBEVMopenopen—
HitBTCopenopen501 SQD
HTXsqdopenopen2.458 SQD
KuCoinarbitrumopenopen12 SQD
MEXCopenopen0.08 SQD
PoloniexETHARBopenopen9 SQD
ToobitARBITRUMopenopen5.464 SQD
ARETHPhemexn/an/a—
BSCXTBNB Smart Chainclosedclosed24.8 SQD

Gaps of a minute or longer, last 7 days

When (UTC)MarketRouteSpreadLastedTransfer
Oct 25, 12:56 AMspot ↔ perpWEEX → MEXC0.111%5 min 54 s—
Oct 25, 12:33 AMperp ↔ perpBybit → MEXC0.391%1 min 30 s—
Oct 25, 12:32 AMperp ↔ perpBingX → MEXC0.160%1 min 18 s—
Oct 25, 12:28 AMperp ↔ perpGate → MEXC0.162%34 min 09 s—
Oct 25, 12:04 AMperp ↔ perpGate → MEXC0.108%5 min 51 s—
Oct 25, 12:02 AMperp ↔ perpBingX → MEXC0.206%1 min 42 s—
Oct 24, 11:45 PMperp ↔ perpGate → MEXC0.155%16 min 24 s—
Oct 24, 11:28 PMperp ↔ perpGate → XT0.124%4 min 27 s—
Oct 24, 11:28 PMperp ↔ perpGate → Toobit0.193%6 min 39 s—
Oct 24, 11:18 PMperp ↔ perpGate → MEXC0.253%23 min 12 s—
Oct 24, 11:00 PMperp ↔ perpGate → Binance0.144%5 min 39 s—
Oct 24, 10:59 PMperp ↔ perpGate → MEXC0.106%15 min 57 s—
Oct 24, 10:47 PMperp ↔ perpGate → MEXC0.106%8 min 09 s—
Oct 24, 10:33 PMperp ↔ perpGate → MEXC0.106%4 min 30 s—
Oct 24, 10:11 PMperp ↔ perpGate → MEXC0.106%20 min 03 s—
Oct 24, 09:56 PMspot ↔ perpWEEX → Gate0.387%2 min 00 s—
Oct 24, 09:55 PMspot → spotWEEX → KuCoin0.485%2 min 51 sTransfer status unknown
Oct 24, 09:54 PMperp ↔ perpGate → Toobit0.289%3 min 15 s—
Oct 24, 09:54 PMperp ↔ perpGate → XT0.171%3 min 48 s—
Oct 24, 09:54 PMperp ↔ perpGate → Bitget0.317%3 min 48 s—
Oct 24, 09:54 PMperp ↔ perpGate → Binance0.289%3 min 54 s—
Oct 24, 09:52 PMspot → spotWEEX → Bybit0.505%6 min 06 sTransfer status unknown
Oct 24, 09:52 PMperp ↔ perpGate → MEXC0.349%16 min 48 s—
Oct 24, 09:51 PMspot ↔ perpWEEX → WOO X0.632%6 min 48 s—
Oct 24, 09:48 PMspot ↔ perpWEEX → XT0.661%10 min 00 s—
Oct 24, 09:48 PMspot ↔ perpWEEX → Bitget0.661%10 min 00 s—
Oct 24, 09:48 PMspot ↔ perpWEEX → KuCoin0.465%10 min 00 s—
Oct 24, 09:48 PMspot ↔ perpWEEX → BingX0.681%10 min 03 s—
Oct 24, 09:48 PMspot ↔ perpWEEX → WEEX0.670%10 min 03 s—
Oct 24, 09:40 PMspot ↔ perpWEEX → Toobit0.681%17 min 39 s—
Oct 24, 09:40 PMperp ↔ perpGate → MEXC0.351%8 min 54 s—
Oct 24, 09:40 PMperp ↔ perpGate → XT0.173%7 min 48 s—
Oct 24, 09:40 PMperp ↔ perpGate → Toobit0.242%7 min 45 s—
Oct 24, 09:40 PMspot ↔ perpWEEX → MEXC0.741%17 min 45 s—
Oct 24, 09:40 PMperp ↔ perpGate → Binance0.439%7 min 51 s—
Oct 24, 09:32 PMperp ↔ perpGate → MEXC0.106%6 min 06 s—
Oct 24, 09:26 PMperp ↔ perpBinance → MEXC0.204%2 min 09 s—
Oct 24, 09:18 PMperp ↔ perpGate → XT0.223%10 min 21 s—
Oct 24, 09:07 PMperp ↔ perpBybit → MEXC0.233%3 min 39 s—
Oct 24, 09:01 PMperp ↔ perpGate → Bitget0.122%4 min 24 s—
Oct 24, 09:01 PMperp ↔ perpBybit → Toobit0.269%3 min 33 s—
Oct 24, 08:59 PMperp ↔ perpGate → XT0.220%15 min 54 s—
Oct 24, 08:55 PMperp ↔ perpXT → MEXC0.181%2 min 03 s—
Oct 24, 08:55 PMperp ↔ perpWOO X → MEXC0.201%2 min 06 s—
Oct 24, 08:55 PMperp ↔ perpBingX → Toobit0.239%2 min 06 s—
Oct 24, 08:55 PMperp ↔ perpBinance → MEXC0.152%2 min 06 s—
Oct 24, 08:54 PMspot ↔ perpWEEX → Toobit0.139%3 min 30 s—
Oct 24, 08:54 PMspot ↔ perpWEEX → MEXC0.199%3 min 36 s—
Oct 24, 08:54 PMperp ↔ perpGate → BingX0.190%3 min 03 s—
Oct 24, 08:52 PMperp ↔ perpBybit → MEXC0.280%12 min 30 s—

Spread at the peak after taker fees. Lifetime is measured to about 3 s.

More on SQD

SQD funding rates by exchange →

SQD trades on: BingX, KuCoin, XT, Bybit, Coinbase, Toobit, Bitget, WEEX, MEXC, Gate, HTX, Bitrue and 6 more

FAQ

Why is the SQD spread so high on some exchanges?

No route is worth a look right now; the engine's commonest warnings: under $20 at the best price; one leg's bid-ask spread is over 2%: closing the position gives the profit back. We have no network status from WEEX and Crypto.com, so a transfer there cannot be checked.

Where is SQD cheapest to buy?

Cheapest now on WEEX: $0.01992; dearest on XT: $0.020005, 0.43% apart. 9 exchanges with a liquid SQD market compared, at the mid between bid and ask.

Can I transfer SQD between Toobit and XT?

Not now: XT has closed SQD deposits. The networks' status is checked every 5 minutes; the networks table below shows what is open.

Is there an arbitrage opportunity in SQD right now?

On spot, yes, but none worth taking: 9 spot routes earn after fees, and the engine marks each "avoid": under $20 at the best price; low 24h volume.

What is the SQD spread now?

0.43% between the cheapest (WEEX) and the dearest (XT) exchange, before fees. No route worth taking with an open transfer right now.