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: Bitget against Bybit0.000%7-day average −0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2412.411% 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)−0.109%−$11 · spread now 0.000%, 7d avg −0.098%
Together, before fees−0.109%−$11 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: Bitget is 0.098% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LQTYUSDT0.23530.0100pay 0.0100% / 8h3h 12m$337K$193K20x
ShortBitget LQTYUSDT0.23530.0100get 0.0100% / 8h3h 12m$135K$115K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: 0.000% → −0.098%
$9.76
Slippage, 4 orders
−$218.08
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$231.32
Costs to cover
2.411%
Break-even
never at this rate
Slippage from Bybit: live order book, 32 min ago; Bitget: live order book, 32 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, 32 min ago4.24 bp108.0 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 32 min ago4.24 bp32.6 bp −$33217.2 bp −$2,172doesn'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−0.0071%1h0.2350−0.147%$5K$8K10xas long as short
Binance LQTYUSDT+0.0100%8h0.2351−0.076%$1.3M$1.8M50xas long as short
Bybit LQTYUSDTlong+0.0100%8h0.2353long leg$337K$193K20x
OKX LQTY-USDT-SWAP+0.0100%8h0.2346−0.297%$226K$427K10xas long as short
Gate LQTY_USDT+0.0100%8h0.23530.000%$76K$49K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2351−0.085%$287K$151K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2354+0.042%$201K$43K30xas long as short
Bitget LQTYUSDTshort+0.0100%8h0.23530.000%$135K$115K50x
BingX LQTY-USDT+0.0100%8h0.2352−0.042%$1.3Mas long as short
Variational Omni LQTY+0.0100%8h0.2354+0.025%$29K$17Kas long as short