Funding you earn now, next payment 07:00 UTC−0.0333%/8h= −36.5% APRpaid last 24h +0.007%
Price spread now: BingX against Kraken Futures−0.167%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BingX is 0.167% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LQTYUSD | 0.2338 | 0.0433 | pay 0.0054% / 1h | 31m 49s | $5K | $9K | 10x |
| Short | BingX LQTY-USDT | 0.2334 | 0.0100 | get 0.0100% / 8h | 1h 31m | — | $1.4M | — |
Kraken Futures PF_LQTYUSD
BingX LQTY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$70.03
- Price spread: −0.167% → 0.000%
- −$16.69
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$106.72
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 5 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 8.57 bp | 35.8 bp −$36 | 83.9 bp −$839 | 458.9 bp −$45.9K | 514.0 bp −$257.0K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LQTYUSDT | +0.0100% | 8h | 0.2333 | −0.210% | $1.3M | $1.8M | 50x | as long as short |
| Bybit LQTYUSDT | +0.0100% | 8h | 0.2336 | −0.081% | $335K | $186K | 20x | as long as short |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2333 | −0.210% | $224K | $416K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2335 | −0.124% | $75K | $46K | 50x | as long as short |
| MEXC LQTY_USDT | +0.0100% | 8h | 0.2332 | −0.252% | $285K | $150K | 200x | as long as short |
| KuCoin LQTYUSDTM | +0.0100% | 8h | 0.2334 | −0.167% | $198K | $44K | 30x | as long as short |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2336 | −0.081% | $128K | $116K | 50x | as long as short |
| BingX LQTY-USDTshort | +0.0100% | 8h | 0.2334 | −0.167% | — | $1.4M | — | |
| Variational Omni LQTY | +0.0100% | 8h | 0.2337 | −0.056% | $29K | $17K | — | as long as short |
| Kraken Futures PF_LQTYUSDlong | +0.0433% | 1h | 0.2338 | long leg | $5K | $9K | 10x |
Binance LQTYUSDT
Bybit LQTYUSDT
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
MEXC LQTY_USDT
KuCoin LQTYUSDTM
Bitget LQTYUSDT
Variational Omni LQTY