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: Binance against Bybit−0.128%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2092.087% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.128%, 7d avg −0.125%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LQTYUSDT | 0.2339 | 0.0100 | pay 0.0100% / 8h | 1h 37m | $335K | $194K | 20x |
| Short | Binance LQTYUSDT | 0.2336 | 0.0100 | get 0.0100% / 8h | 1h 37m | $1.3M | $1.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.128% → −0.125%
- −$0.28
- Slippage, 4 orders
- −$187.69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$208.97
- Costs to cover
- 2.087%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 62 min ago; Binance: live order book, 12 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 62 min ago | 6.43 bp | 73.5 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.28 bp | 24.3 bp −$24 | 125.0 bp −$1,250 | doesn't fit | doesn't fit |
LQTY on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LQTYUSDTshort | +0.0100% | 8h | 0.2336 | −0.128% | $1.3M | $1.8M | 50x | |
| Bybit LQTYUSDTlong | +0.0100% | 8h | 0.2339 | long leg | $335K | $194K | 20x | |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2333 | −0.257% | $224K | $421K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2338 | −0.043% | $75K | $46K | 50x | as long as short |
| MEXC LQTY_USDT | +0.0100% | 8h | 0.2336 | −0.128% | $285K | $150K | 200x | as long as short |
| KuCoin LQTYUSDTM | +0.0100% | 8h | 0.2337 | −0.086% | $199K | $44K | 30x | as long as short |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2337 | −0.086% | $128K | $120K | 50x | as long as short |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2336 | −0.128% | — | $1.4M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2342 | +0.111% | $29K | $17K | — | as long as short |
| Kraken Futures PF_LQTYUSD | +0.0433% | 1h | 0.2341 | +0.103% | $5K | $9K | 10x | as long as short |
Bybit LQTYUSDT
Binance LQTYUSDT
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
MEXC LQTY_USDT
KuCoin LQTYUSDTM
Bitget LQTYUSDT
BingX LQTY-USDT
Variational Omni LQTY
Kraken Futures PF_LQTYUSD