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Funding arb · Price arb /

LQTY

all LQTY markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 06:00 UTC−0.0312%/8h= −34.2% APRpaid last 24h +0.006%
Price spread now: Kraken Futures against Binance+0.445%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BinanceShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.445% dearer against Binance than usual: you sell high and buy low (spread +0.445% now, against zero (this spread has no 7-day history yet)): +$44 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 4.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LQTYUSDT0.23420.0100pay 0.0100% / 8h2h 13m$1.3M$1.8M50x
ShortKraken Futures PF_LQTYUSD0.2352−0.0212pay 0.0027% / 1h13m 48s$5K$9K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$65.56
Price spread: +0.445% → 0.000%
$44.49
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$41.07
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Binance: live order book, 5 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 5 min ago4.28 bp29.2 bp −$29167.6 bp −$1,676doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample—————
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_LQTYUSDshort−0.0212%1h0.2352+0.445%$5K$9K10x
Binance LQTYUSDTlong+0.0100%8h0.2342long leg$1.3M$1.8M50x
Bybit LQTYUSDT+0.0100%8h0.2342+0.008%$336K$193K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2339−0.120%$225K$422K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2341−0.034%$75K$50K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2342+0.008%$286K$151K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2340−0.077%$200K$43K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2340−0.077%$128K$120K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2341−0.034%—$1.4M—as long as short
Variational Omni LQTY+0.0100%8h0.2339−0.136%$29K$17K—as long as short