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: BingX against KuCoin+0.043%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$484as in the Funding arb table
Net, price: spread back to 7d avg − costs−$478as in the Price arb table
costs, in and out, $10k−$4844.838% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.043%, 7d avg −0.016%
Together, before fees−0.093%−$9 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: BingX is 0.059% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LQTYUSDTM0.23410.0100pay 0.0100% / 8h2h 11m$200K$43K30x
ShortBingX LQTY-USDT0.23420.0100get 0.0100% / 8h2h 11m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.043% → −0.016%
$5.89
Slippage, 4 orders
−$461.82
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$477.93
Costs to cover
4.838%
Break-even
never at this rate
Slippage from KuCoin: live order book, 44 min ago; BingX: live order book, 5 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, 44 min ago12.76 bp197.9 bp −$198doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago6.42 bp29.0 bp −$2987.2 bp −$872464.8 bp −$46.5K516.6 bp −$258.3K

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
Kraken Futures PF_LQTYUSD−0.0212%1h0.2350+0.380%$5K$9K10xas long as short
Binance LQTYUSDT+0.0100%8h0.2343+0.101%$1.3M$1.8M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2348+0.299%$337K$193K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2342+0.043%$225K$422K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2344+0.128%$75K$50K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2343+0.085%$286K$151K200xas long as short
KuCoin LQTYUSDTMlong+0.0100%8h0.2341long leg$200K$43K30x
Bitget LQTYUSDT+0.0100%8h0.2344+0.128%$129K$120K50xas long as short
BingX LQTY-USDTshort+0.0100%8h0.2342+0.043%$1.4M
Variational Omni LQTY+0.0100%8h0.2339−0.102%$29K$17Kas long as short