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: Binance against KuCoin+0.021%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$505as in the Funding arb table
Net, price: spread back to 7d avg − costs−$492as in the Price arb table
costs, in and out, $10k−$5025.018% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.021%, 7d avg −0.079%
Together, before fees−0.239%−$24 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: Binance is 0.100% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LQTYUSDTM0.23370.0100pay 0.0100% / 8h7h 44m$196K$24K30x
ShortBinance LQTYUSDT0.23380.0100get 0.0100% / 8h7h 44m$1.3M$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.021% → −0.079%
$10.02
Slippage, 4 orders
−$479.81
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$491.79
Costs to cover
5.018%
Break-even
never at this rate
Slippage from KuCoin: live order book, 46 min ago; Binance: live order book, 4 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 KuCoin live order book, 46 min ago10.71 bp259.7 bp −$260doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago6.41 bp29.0 bp −$29145.0 bp −$1,450doesn'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 LQTYUSDTshort+0.0100%8h0.2338+0.021%$1.3M$1.7M50x
Bybit LQTYUSDT+0.0100%8h0.2342+0.214%$335K$182K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2336−0.043%$223K$395K10xas long as short
Gate LQTY_USDT+0.0100%8h0.23370.000%$75K$39K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2336−0.043%$285K$148K200xas long as short
KuCoin LQTYUSDTMlong+0.0100%8h0.2337long leg$196K$24K30x
Bitget LQTYUSDT+0.0100%8h0.2336−0.043%$128K$107K50xas long as short
BingX LQTY-USDT+0.0100%8h0.23370.000%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2343+0.240%$30K$18Kas long as short
Kraken Futures PF_LQTYUSD+0.3350%1h0.2346+0.399%$5K$8K10xas long as short