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: Bitget against BingX+0.043%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1241.238% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.043%, 7d avg −0.039%
Together, before fees−0.080%−$8 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: Bitget is 0.082% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LQTY-USDT0.23390.0100pay 0.0100% / 8h1h 43m$1.4M
ShortBitget LQTYUSDT0.23400.0100get 0.0100% / 8h1h 43m$128K$120K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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% → −0.039%
$8.17
Slippage, 4 orders
−$101.81
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$115.64
Costs to cover
1.238%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 56 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 BingX live order book, 3 min ago6.42 bp31.0 bp −$3190.0 bp −$900472.5 bp −$47.2K521.3 bp −$260.6K
Sell Bitget live order book, 56 min ago6.45 bp26.4 bp −$26233.6 bp −$2,336doesn'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 LQTYUSDT+0.0100%8h0.2340+0.048%$1.3M$1.8M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2343+0.171%$336K$194K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2334−0.214%$224K$421K10xas long as short
Gate LQTY_USDT+0.0100%8h0.23390.000%$75K$46K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2340+0.043%$286K$149K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2338−0.043%$199K$44K30xas long as short
Bitget LQTYUSDTshort+0.0100%8h0.2340+0.043%$128K$120K50x
BingX LQTY-USDTlong+0.0100%8h0.2339long leg$1.4M
Variational Omni LQTY+0.0100%8h0.2339−0.017%$29K$17Kas long as short
Kraken Futures PF_LQTYUSD+0.0432%1h0.2346+0.295%$5K$9K10xas long as short