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

LQTY

all LQTY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.152%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1241.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days+0.183%+$18 · spread now −0.152%, 7d avg +0.063%
Together, before fees+0.213%+$21 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: BingX is 0.215% cheaper against Binance than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LQTYUSDT0.23340.0100pay 0.0100% / 8h2h 22m$1.3M$1.8M50x
ShortBingX LQTY-USDT0.23300.0100get 0.0100% / 8h2h 22m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: −0.152% → +0.063%
−$21.53
Slippage, 4 orders
−$104.32
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$145.85
Costs to cover
1.243%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 8 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 Binance live order book, 11 min ago4.29 bp26.6 bp −$27166.4 bp −$1,664doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago2.15 bp39.8 bp −$4095.5 bp −$955471.3 bp −$47.1K529.4 bp −$264.7K

LQTY on 10 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_LQTYUSD−0.0214%1h0.2333−0.020%$5K$7K10xas long as short
Binance LQTYUSDTlong+0.0100%8h0.2334long leg$1.3M$1.8M50x
Bybit LQTYUSDT+0.0100%8h0.2334+0.019%$335K$193K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2331−0.109%$224K$419K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2334+0.019%$75K$50K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2334+0.019%$285K$151K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2332−0.066%$199K$44K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2332−0.066%$128K$120K50xas long as short
BingX LQTY-USDTshort+0.0100%8h0.2330−0.152%$1.4M
Variational Omni LQTY+0.0100%8h0.2328−0.233%$29K$17Kas long as short