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 Bybit−0.256%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2242.237% 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)+0.198%+$20 · spread now −0.256%, 7d avg −0.059%
Together, before fees+0.198%+$20 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 0.198% cheaper against Bybit than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LQTYUSDT0.23410.0100pay 0.0100% / 8h2h 20m$336K$193K20x
ShortBingX LQTY-USDT0.23350.0100get 0.0100% / 8h2h 20m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.256% → −0.059%
−$19.76
Slippage, 4 orders
−$202.71
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$243.47
Costs to cover
2.237%
Break-even
never at this rate
Slippage from Bybit: live order book, 19 min ago; BingX: live order book, 9 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 Bybit live order book, 19 min ago6.43 bp73.5 bp −$74doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago2.15 bp39.8 bp −$4095.5 bp −$955471.3 bp −$47.1K529.4 bp −$264.7K

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−0.0214%1h0.2332−0.398%$5K$7K10xas long as short
Binance LQTYUSDT+0.0100%8h0.2339−0.095%$1.3M$1.8M50xas long as short
Bybit LQTYUSDTlong+0.0100%8h0.2341long leg$336K$193K20x
OKX LQTY-USDT-SWAP+0.0100%8h0.2340−0.043%$224K$420K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2337−0.171%$75K$50K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2338−0.128%$285K$151K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2335−0.256%$200K$43K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2336−0.214%$128K$120K50xas long as short
BingX LQTY-USDTshort+0.0100%8h0.2335−0.256%$1.4M
Variational Omni LQTY+0.0100%8h0.2338−0.146%$29K$17Kas long as short