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

LPT

all LPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit+0.018%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$471as in the Funding arb table
Net, price: spread back to 7d avg − costs−$469as in the Price arb table
costs, in and out, $10k−$4754.755% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 4 days (all we have)+0.237%+$24 · spread now +0.018%, 7d avg −0.050%
Together, before fees+0.282%+$28 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: Gate is 0.067% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LPTUSDT1.70370.0100pay 0.0050% / 4h2h 54m$1.8M$1.9M25x
ShortGate LPT_USDT1.70400.0100get 0.0100% / 8h6h 54m$245K$845K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.018% → −0.050%
$6.71
Slippage, 4 orders
−$449.48
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$468.77
Costs to cover
4.755%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 12 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 Bybit live order book, 2 min ago2.06 bp46.7 bp −$47578.8 bp −$5,788doesn't fitdoesn't fit
Sell Gate live order book, 12 min ago5.78 bp111.8 bp −$112doesn't fitdoesn'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+0.0031%1h1.7036−0.005%$46K$107K25xas long as short
Aster LPTUSDT+0.0100%4h1.7044+0.039%$3K$19K5xas long as short
Binance LPTUSDT+0.0100%4h1.7040+0.018%$3.5M$10.8M50xas long as short
Bybit LPTUSDTlong+0.0100%4h1.7037long leg$1.8M$1.9M25x
OKX LPT-USDT-SWAP+0.0100%4h1.7020−0.100%$1.4M$3.2M20xas long as short
Gate LPT_USDTshort+0.0100%8h1.7040+0.018%$245K$845K50x
MEXC LPT_USDT+0.0100%4h1.7030−0.041%$1.9M$974K50xas long as short
KuCoin LPTUSDTM+0.0100%4h1.7050+0.076%$301K$183K50xas long as short
Bitget LPTUSDT+0.0100%4h1.7030−0.041%$1.3M$818K50xas long as short
BingX LPT-USDT+0.0100%4h1.7040+0.018%$2.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LPT+0.0100%4h1.7049+0.070%$6K$3Kas long as short
BloFin LPT-USDT+0.0149%4h1.7050+0.076%$202K$29K50xas long as short