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: BingX against Bitget−0.042%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1181.182% 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)+0.089%+$9 · spread now −0.042%, 7d avg +0.040%
Together, before fees+0.089%+$9 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: BingX is 0.083% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LQTYUSDT0.23530.0100pay 0.0100% / 8h3h 12m$135K$115K50x
ShortBingX LQTY-USDT0.23520.0100get 0.0100% / 8h3h 12m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: −0.042% → +0.040%
−$8.28
Slippage, 4 orders
−$96.23
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$126.51
Costs to cover
1.182%
Break-even
never at this rate
Slippage from Bitget: live order book, 32 min ago; BingX: live order book, 3 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 Bitget live order book, 32 min ago4.24 bp26.9 bp −$27220.9 bp −$2,209doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago6.38 bp31.6 bp −$3288.3 bp −$883478.0 bp −$47.8K533.3 bp −$266.6K

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_LQTYUSD−0.0071%1h0.2350−0.147%$5K$8K10xas long as short
Binance LQTYUSDT+0.0100%8h0.2352−0.044%$1.3M$1.8M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.23530.000%$337K$193K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2350−0.127%$226K$428K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2352−0.042%$76K$49K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2352−0.042%$287K$151K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2354+0.042%$201K$43K30xas long as short
Bitget LQTYUSDTlong+0.0100%8h0.2353long leg$135K$115K50x
BingX LQTY-USDTshort+0.0100%8h0.2352−0.042%$1.3M
Variational Omni LQTY+0.0100%8h0.2354+0.025%$29K$17Kas long as short