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

LPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0069%/8h= −7.5% APRpaid last 24h +0.481%
Price spread now: Kraken Futures against BingX+0.148%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.148%, 7d avg +0.163%
Together, before fees−0.119%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.163%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LPT-USDT1.71200.0100pay 0.0050% / 4h2h 48m$2.5M
ShortKraken Futures PF_LPTUSD1.71450.0031get 0.0004% / 1h48m 37s$46K$107K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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
−$14.48
Price spread: +0.148% → +0.163%
−$1.44
Slippage, 4 orders
−$99.02
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$134.94
Costs to cover
1.190%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; Kraken Futures: live order book, 18 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 BingX live order book, 1 min ago8.74 bp25.9 bp −$2667.9 bp −$679398.0 bp −$39.8K479.0 bp −$239.5K
Sell Kraken Futures live order book, 18 min ago18.78 bp35.5 bp −$35141.8 bp −$1,418doesn't fitdoesn't fit

LPT on 12 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
Kraken Futures PF_LPTUSDshort+0.0031%1h1.7145+0.148%$46K$107K25x
BloFin LPT-USDT+0.0057%4h1.7140+0.117%$202K$29K50xas long as short
Aster LPTUSDT+0.0100%4h1.7154+0.198%$2K$19K5xas long as short
Binance LPTUSDT+0.0100%4h1.7170+0.292%$3.5M$10.8M50xas long as short
Bybit LPTUSDT+0.0100%4h1.7140+0.117%$1.8M$2.0M25xas long as short
OKX LPT-USDT-SWAP+0.0100%4h1.7130+0.058%$1.4M$3.2M20xas long as short
Gate LPT_USDT+0.0100%8h1.7150+0.175%$246K$849K50xas long as short
MEXC LPT_USDT+0.0100%4h1.7130+0.058%$2.0M$991K50xas long as short
KuCoin LPTUSDTM+0.0100%4h1.7150+0.175%$303K$183K50xas long as short
Bitget LPTUSDT+0.0100%4h1.7130+0.058%$1.3M$821K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LPT-USDTlong+0.0100%4h1.7120long leg$2.5M
Variational Omni LPT+0.0100%4h1.7113−0.039%$6K$3Kas long as short