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: KuCoin against Bitget+0.086%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$489as in the Price arb table
costs, in and out, $10k−$4924.917% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.086%, 7d avg +0.055%
Together, before fees+0.011%+$1 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: KuCoin is 0.030% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LQTYUSDT0.23350.0100pay 0.0100% / 8h2h 15m$128K$120K50x
ShortKuCoin LQTYUSDTM0.23370.0100get 0.0100% / 8h2h 15m$200K$43K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.086% → +0.055%
$3.02
Slippage, 4 orders
−$467.7
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$488.68
Costs to cover
4.917%
Break-even
never at this rate
Slippage from Bitget: live order book, 24 min ago; KuCoin: live order book, 40 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, 24 min ago6.45 bp40.8 bp −$41287.6 bp −$2,876doesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago12.76 bp226.6 bp −$227doesn'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−0.0213%1h0.2339+0.175%$5K$9K10xas long as short
Binance LQTYUSDT+0.0100%8h0.2338+0.128%$1.3M$1.8M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2341+0.257%$336K$193K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2337+0.086%$224K$421K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2338+0.128%$75K$50K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.23350.000%$285K$151K200xas long as short
KuCoin LQTYUSDTMshort+0.0100%8h0.2337+0.086%$200K$43K30x
Bitget LQTYUSDTlong+0.0100%8h0.2335long leg$128K$120K50x
BingX LQTY-USDT+0.0100%8h0.2339+0.171%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2339+0.155%$29K$17Kas long as short