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: Bybit against Binance+0.085%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2192.190% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now +0.085%, 7d avg +0.125%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.040% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.125%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LQTYUSDT | 0.2364 | 0.0100 | pay 0.0100% / 8h | 5h 42m | $1.4M | $1.9M | 50x |
| Short | Bybit LQTYUSDT | 0.2366 | 0.0100 | get 0.0100% / 8h | 5h 42m | $344K | $198K | 20x |
Binance LQTYUSDT
Bybit LQTYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.085% → +0.125%
- −$4.03
- Slippage, 4 orders
- −$197.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$223.02
- Costs to cover
- 2.190%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 12 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 4.25 bp | 27.8 bp −$28 | 176.3 bp −$1,763 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 12 min ago | 4.24 bp | 65.9 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
LQTY on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LQTYUSD | −0.0275% | 1h | 0.2363 | −0.038% | $5K | $9K | 10x | as long as short |
| Binance LQTYUSDTlong | +0.0100% | 8h | 0.2364 | long leg | $1.4M | $1.9M | 50x | |
| Bybit LQTYUSDTshort | +0.0100% | 8h | 0.2366 | +0.085% | $344K | $198K | 20x | |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2360 | −0.169% | $228K | $442K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2364 | 0.000% | $77K | $49K | 50x | as long as short |
| MEXC LQTY_USDT | +0.0100% | 8h | 0.2365 | +0.042% | $289K | $152K | 200x | as long as short |
| KuCoin LQTYUSDTM | +0.0100% | 8h | 0.2361 | −0.127% | $204K | $43K | 30x | as long as short |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2364 | 0.000% | $137K | $124K | 50x | as long as short |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2364 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2357 | −0.292% | $33K | $13K | — | as long as short |
Kraken Futures PF_LQTYUSD
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
MEXC LQTY_USDT
KuCoin LQTYUSDTM
Bitget LQTYUSDT
BingX LQTY-USDT
Variational Omni LQTY