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

LQTY

all LQTY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.3219%/8h= +352.5% APRpaid last 24h +0.022%
Price spread now: Kraken Futures against Bybit+0.182%7-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 0.182% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LQTYUSDT0.23640.0100pay 0.0100% / 8h7h 01m$338K$181K20x
ShortKraken Futures PF_LQTYUSD0.23680.3319get 0.0415% / 1h1m 29s$5K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$675.98
Price spread: +0.182% → 0.000%
$18.19
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$673.17
Costs to cover
0.210%
Break-even
0.0 days
Slippage unknown: Bybit: live order book, 23 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 Bybit live order book, 23 min ago4.28 bp55.1 bp −$55doesn't fitdoesn'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%8h0.2360−0.168%$1.4M$1.8M50xas long as short
Bybit LQTYUSDTlong+0.0100%8h0.2364long leg$338K$181K20x
OKX LQTY-USDT-SWAP+0.0100%8h0.2360−0.169%$228K$399K10xas long as short
Gate LQTY_USDT+0.0100%8h0.23640.000%$76K$40K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2360−0.169%$283K$151K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.23640.000%$199K$25K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2362−0.085%$130K$108K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2361−0.127%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2367+0.110%$31K$18Kas long as short
Kraken Futures PF_LQTYUSDshort+0.3319%1h0.2368+0.182%$5K$8K10x