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

LQTY

all LQTY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.043%7-day average +0.064% · 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−$134as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.043%, 7d avg +0.064%
Together, before fees+0.105%+$11 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: OKX is 0.106% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LQTYUSDT0.23340.0100pay 0.0100% / 8h7h 53m$1.3M$1.7M50x
ShortOKX LQTY-USDT-SWAP0.23330.0100get 0.0100% / 8h7h 53m$223K$394K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.043% → +0.064%
−$10.64
Slippage, 4 orders
−$103.39
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$134.02
Costs to cover
1.234%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 42 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, 10 min ago2.14 bp25.7 bp −$26165.3 bp −$1,653doesn't fitdoesn't fit
Sell OKX live order book, 42 min ago4.28 bp30.5 bp −$31doesn't fitdoesn't fitdoesn't fit

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
Binance LQTYUSDTlong+0.0100%8h0.2334long leg$1.3M$1.7M50x
Bybit LQTYUSDT+0.0100%8h0.2336+0.086%$335K$184K20xas long as short
OKX LQTY-USDT-SWAPshort+0.0100%8h0.2333−0.043%$223K$394K10x
Gate LQTY_USDT+0.0100%8h0.2338+0.171%$75K$39K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2335+0.043%$285K$147K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2335+0.043%$196K$24K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2335+0.043%$128K$107K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2333−0.043%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2344+0.412%$29K$17Kas long as short
Kraken Futures PF_LQTYUSD+0.3355%1h0.2343+0.378%$5K$8K10xas long as short