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: OKX against Bybit−0.128%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2412.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.128%, 7d avg −0.062%
Together, before fees+0.033%+$3 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: OKX is 0.066% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LQTYUSDT0.23440.0100pay 0.0100% / 8h40m 16s$335K$186K20x
ShortOKX LQTY-USDT-SWAP0.23410.0100get 0.0100% / 8h40m 16s$224K$410K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.128% → −0.062%
−$6.6
Slippage, 4 orders
−$220.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$247.84
Costs to cover
2.412%
Break-even
never at this rate
Slippage from Bybit: live order book, 54 min ago; OKX: live order book, 60 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, 54 min ago4.28 bp87.3 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 60 min ago6.43 bp29.1 bp −$29doesn'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
Binance LQTYUSDT+0.0100%8h0.2344+0.011%$1.3M$1.8M50xas long as short
Bybit LQTYUSDTlong+0.0100%8h0.2344long leg$335K$186K20x
OKX LQTY-USDT-SWAPshort+0.0100%8h0.2341−0.128%$224K$410K10x
Gate LQTY_USDT+0.0100%8h0.2346+0.085%$75K$40K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2345+0.043%$288K$149K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2343−0.043%$198K$35K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.23440.000%$128K$115K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2347+0.128%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2349+0.194%$29K$17Kas long as short
Kraken Futures PF_LQTYUSD+0.2832%1h0.2349+0.228%$5K$9K10xas long as short