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: Bybit against Bitget+0.127%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2272.267% 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)+0.059%+$6 · spread now +0.127%, 7d avg +0.098%
Together, before fees+0.059%+$6 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: Bybit is 0.029% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LQTYUSDT0.23550.0100pay 0.0100% / 8h4h 53m$136K$124K50x
ShortBybit LQTYUSDT0.23580.0100get 0.0100% / 8h4h 53m$338K$202K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.127% → +0.098%
$2.9
Slippage, 4 orders
−$203.66
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$223.76
Costs to cover
2.267%
Break-even
never at this rate
Slippage from Bitget: live order book, 61 min ago; Bybit: live order book, 61 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, 61 min ago6.37 bp43.1 bp −$43291.7 bp −$2,917doesn't fitdoesn't fit
Sell Bybit live order book, 61 min ago4.24 bp65.9 bp −$66doesn'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
Kraken Futures PF_LQTYUSD−0.0058%1h0.2356+0.027%$5K$9K10xas long as short
Binance LQTYUSDT+0.0100%8h0.2355−0.010%$1.3M$1.9M50xas long as short
Bybit LQTYUSDTshort+0.0100%8h0.2358+0.127%$338K$202K20x
OKX LQTY-USDT-SWAP+0.0100%8h0.23550.000%$227K$439K10xas long as short
Gate LQTY_USDT+0.0100%8h0.23550.000%$77K$49K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2354−0.042%$287K$150K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.23550.000%$205K$43K30xas long as short
Bitget LQTYUSDTlong+0.0100%8h0.2355long leg$136K$124K50x
BingX LQTY-USDT+0.0100%8h0.23550.000%$1.3Mas long as short
Variational Omni LQTY+0.0100%8h0.2361+0.238%$29K$17Kas long as short