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

LPT

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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 KuCoin+0.058%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2712.708% 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 4 days (all we have)−1.112%−$111 · spread now +0.058%, 7d avg +0.031%
Together, before fees−1.290%−$129 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 0.028% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LPTUSDTM1.71600.0100pay 0.0050% / 4h1h 14m$311K$165K50x
ShortBybit LPTUSDT1.71700.0100get 0.0050% / 4h1h 14m$1.8M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: +0.058% → +0.031%
$2.75
Slippage, 4 orders
−$247.8
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$268.05
Costs to cover
2.708%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago11.61 bp70.9 bp −$71485.0 bp −$4,850doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.32 bp57.1 bp −$57243.8 bp −$2,438doesn'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−0.0528%1h1.7149−0.067%$47K$98K25xas long as short
BloFin LPT-USDT+0.0061%4h1.7220+0.350%$200K$28K50xas long as short
Aster LPTUSDT+0.0100%4h1.7154−0.036%$2K$19K5xas long as short
Binance LPTUSDT+0.0100%4h1.7158−0.013%$3.5M$10.4M50xas long as short
Bybit LPTUSDTshort+0.0100%4h1.7170+0.058%$1.8M$1.9M25x
OKX LPT-USDT-SWAP+0.0100%4h1.7150−0.058%$1.4M$3.1M20xas long as short
Gate LPT_USDT+0.0100%8h1.7150−0.058%$235K$878K50xas long as short
MEXC LPT_USDT+0.0100%4h1.71600.000%$1.9M$943K50xas long as short
KuCoin LPTUSDTMlong+0.0100%4h1.7160long leg$311K$165K50x
Bitget LPTUSDT+0.0100%4h1.7150−0.058%$1.3M$729K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LPT-USDT+0.0100%4h1.7150−0.058%$2.5Mas long as short
Variational Omni LPT+0.0100%4h1.7244+0.490%$6K$3Kas long as short