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 BingX−0.171%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1311.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.171%, 7d avg −0.002%
Together, before fees+0.131%+$13 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 0.169% cheaper against BingX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LQTY-USDT0.23380.0100pay 0.0100% / 8h7h 57m$1.4M
ShortOKX LQTY-USDT-SWAP0.23340.0100get 0.0100% / 8h7h 57m$223K$395K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.171% → −0.002%
−$16.94
Slippage, 4 orders
−$110.73
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$147.67
Costs to cover
1.307%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; OKX: live order book, 38 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 ago4.28 bp31.8 bp −$3296.9 bp −$969482.9 bp −$48.3K532.2 bp −$266.1K
Sell OKX live order book, 38 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 LQTYUSDT+0.0100%8h0.2339+0.022%$1.3M$1.8M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2341+0.128%$334K$183K20xas long as short
OKX LQTY-USDT-SWAPshort+0.0100%8h0.2334−0.171%$223K$395K10x
Gate LQTY_USDT+0.0100%8h0.2340+0.086%$75K$39K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.23380.000%$285K$147K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2337−0.043%$196K$24K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.23380.000%$128K$107K50xas long as short
BingX LQTY-USDTlong+0.0100%8h0.2338long leg$1.4M
Variational Omni LQTY+0.0100%8h0.2337−0.056%$29K$17Kas long as short
Kraken Futures PF_LQTYUSD+0.3352%1h0.2345+0.289%$5K$8K10xas long as short