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

LQTY

all LQTY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.043%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$346as in the Price arb table
costs, in and out, $10k−$3553.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.043%, 7d avg −0.128%
Together, before fees−0.103%−$10 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: MEXC is 0.085% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.128%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LQTYUSDT0.23310.0100pay 0.0100% / 8h4h 09m$333K$167K20x
ShortMEXC LQTY_USDT0.23300.0100get 0.0100% / 8h4h 09m$267K$148K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.043% → −0.128%
$8.47
Slippage, 4 orders
−$339.8
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$346.33
Costs to cover
3.548%
Break-even
never at this rate
Slippage from Bybit: live order book, 23 min ago; MEXC: live order book, 13 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, 23 min ago4.30 bp173.7 bp −$174doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 13 min ago4.30 bp18.4 bp −$1877.2 bp −$772173.3 bp −$17.3K498.1 bp −$249.1K

LQTY on 10 exchanges

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%8h0.2330−0.023%$1.3M$1.7M50xas long as short
Bybit LQTYUSDTlong+0.0100%8h0.2331long leg$333K$167K20x
OKX LQTY-USDT-SWAP+0.0100%8h0.2329−0.086%$224K$352K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2327−0.172%$75K$32K50xas long as short
MEXC LQTY_USDTshort+0.0100%8h0.2330−0.043%$267K$148K200x
KuCoin LQTYUSDTM+0.0100%8h0.23310.000%$198K$22K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2330−0.043%$130K$92K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2330−0.043%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2329−0.070%$30K$18Kas long as short
Kraken Futures PF_LQTYUSD+0.1388%1h0.2340+0.405%$5K$8K10xas long as short