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

LQTY

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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 Bybit−0.170%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$606as in the Funding arb table
Net, price: spread back to 7d avg − costs−$619as in the Price arb table
costs, in and out, $10k−$6066.061% 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)+0.139%+$14 · spread now −0.170%, 7d avg −0.045%
Together, before fees+0.142%+$14 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 0.125% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LQTYUSDT0.23530.0100pay 0.0100% / 8h2h 54m$337K$192K20x
ShortKuCoin LQTYUSDTM0.23490.0100get 0.0100% / 8h2h 54m$201K$43K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.170% → −0.045%
−$12.55
Slippage, 4 orders
−$583.08
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$618.63
Costs to cover
6.061%
Break-even
never at this rate
Slippage from Bybit: live order book, 50 min ago; KuCoin: live order book, 1 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, 50 min ago4.24 bp108.0 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 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%1h0.2348−0.201%$5K$8K10xas long as short
Binance LQTYUSDT+0.0100%8h0.2349−0.174%$1.3M$1.8M50xas long as short
Bybit LQTYUSDTlong+0.0100%8h0.2353long leg$337K$192K20x
OKX LQTY-USDT-SWAP+0.0100%8h0.2348−0.212%$226K$424K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2349−0.170%$76K$49K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2348−0.212%$286K$149K200xas long as short
KuCoin LQTYUSDTMshort+0.0100%8h0.2349−0.170%$201K$43K30x
Bitget LQTYUSDT+0.0100%8h0.2348−0.212%$135K$116K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2349−0.170%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2353−0.017%$29K$17Kas long as short