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

LPT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.256%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1751.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.179%−$18 on $10k
Price spread, last 7 days−0.090%−$9 · spread now +0.256%, 7d avg +0.043%
Together, before fees−0.269%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.213% dearer against Bitget than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LPTUSDT1.71900.0100pay 0.0050% / 4h1h 19m$1.3M$729K50x
ShortBybit LPTUSDT1.72340.0100get 0.0050% / 4h1h 19m$1.8M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: +0.256% → +0.043%
$21.3
Slippage, 4 orders
−$151.84
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$153.55
Costs to cover
1.748%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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 Bitget live order book, 2 min ago2.90 bp23.4 bp −$2378.6 bp −$786doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.90 bp60.2 bp −$60239.3 bp −$2,393doesn'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_LPTUSD−0.0526%1h1.7214+0.138%$47K$98K25xas long as short
BloFin LPT-USDT+0.0096%4h1.7240+0.291%$200K$28K50xas long as short
Aster LPTUSDT+0.0100%4h1.7203+0.073%$2K$19K5xas long as short
Binance LPTUSDT+0.0100%4h1.7211+0.123%$3.5M$10.4M50xas long as short
Bybit LPTUSDTshort+0.0100%4h1.7234+0.256%$1.8M$1.9M25x
OKX LPT-USDT-SWAP+0.0100%4h1.7210+0.116%$1.4M$3.1M20xas long as short
Gate LPT_USDT+0.0100%8h1.7200+0.058%$236K$876K50xas long as short
MEXC LPT_USDT+0.0100%4h1.71900.000%$1.9M$943K50xas long as short
KuCoin LPTUSDTM+0.0100%4h1.7200+0.058%$312K$165K50xas long as short
Bitget LPTUSDTlong+0.0100%4h1.7190long leg$1.3M$729K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LPT-USDT+0.0100%4h1.7200+0.058%$2.5Mas long as short
Variational Omni LPT+0.0100%4h1.7246+0.325%$6K$3Kas long as short