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

LQTY

all LQTY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0312%/8h= −34.1% APRpaid last 24h +0.006%
Price spread now: Kraken Futures against KuCoin+0.599%7-day average · you sell dearer than you buy
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 feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.599% dearer against KuCoin than usual: you sell high and buy low (spread +0.599% now, against zero (this spread has no 7-day history yet)): +$60 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 6.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LQTYUSDTM0.23420.0100pay 0.0100% / 8h2h 11m$200K$43K30x
ShortKraken Futures PF_LQTYUSD0.2356−0.0212pay 0.0026% / 1h11m 15s$5K$9K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$65.48
Price spread: +0.599% → 0.000%
$59.93
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$27.56
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 45 min ago; Kraken Futures: 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 KuCoin live order book, 45 min ago12.76 bp197.9 bp −$198doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_LQTYUSDshort−0.0212%1h0.2356+0.599%$5K$9K10x
Binance LQTYUSDT+0.0100%8h0.2346+0.171%$1.3M$1.8M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2348+0.256%$337K$193K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2344+0.085%$225K$422K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2344+0.085%$75K$50K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2345+0.128%$286K$151K200xas long as short
KuCoin LQTYUSDTMlong+0.0100%8h0.2342long leg$200K$43K30x
Bitget LQTYUSDT+0.0100%8h0.2344+0.085%$129K$120K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2343+0.043%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2339−0.145%$29K$17Kas long as short