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

LQTY

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.2732%/8h= −299.2% APRpaid last 24h +0.005%
Price spread now: Variational Omni against Kraken Futures−0.034%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$82 a day on $10k at the current rate, and Variational Omni is 0.034% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_LQTYUSD0.23490.2832pay 0.0354% / 1h40m 25s$5K$9K10x
ShortVariational Omni LQTY0.23490.0100get 0.0100% / 8h40m 25s$29K$17K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$573.77
Price spread: −0.034% → 0.000%
−$3.41
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$587.18
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: 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 Kraken Futures no order-book sample
Sell Variational Omni no order-book sample
Kraken Futures and Variational Omni: 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%8h0.2346−0.142%$1.3M$1.8M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2345−0.185%$335K$186K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2342−0.313%$224K$410K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2347−0.100%$75K$40K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2346−0.142%$288K$149K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2343−0.270%$197K$35K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2344−0.227%$128K$115K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2347−0.100%$1.4Mas long as short
Variational Omni LQTYshort+0.0100%8h0.2349−0.034%$29K$17K
Kraken Futures PF_LQTYUSDlong+0.2832%1h0.2349long leg$5K$9K10x