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

LQTY

all LQTY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.3230%/8h= +353.7% APRpaid last 24h +0.022%
Price spread now: Kraken Futures against Bitget+0.476%48s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$97 a day on $10k at the current rate, and Kraken Futures is 0.476% dearer against Bitget than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LQTYUSDT0.23490.0100pay 0.0100% / 8h7h 11m$128K$107K50x
ShortKraken Futures PF_LQTYUSD0.23600.3330get 0.0416% / 1h11m 31s$5K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$678.38
Price spread: +0.476% → 0.000%
$47.58
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$703.96
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Bitget: live order book, 13 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 13 min ago4.29 bp23.0 bp −$23292.6 bp −$2,926doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h0.2351+0.085%$1.3M$1.7M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2354+0.213%$337K$180K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2351+0.085%$227K$395K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2353+0.170%$75K$39K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2352+0.128%$285K$150K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.23490.000%$199K$24K30xas long as short
Bitget LQTYUSDTlong+0.0100%8h0.2349long leg$128K$107K50x
BingX LQTY-USDT+0.0100%8h0.2353+0.170%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2355+0.241%$30K$18Kas long as short
Kraken Futures PF_LQTYUSDshort+0.3330%1h0.2360+0.476%$5K$8K10x