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: Bybit against MEXC+0.042%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1711.707% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.042%, 7d avg +0.128%
Together, before fees+0.127%+$13 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: Bybit is 0.086% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.128%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LQTY_USDT0.23620.0100pay 0.0100% / 8h3h 54m$288K$149K200x
ShortBybit LQTYUSDT0.23630.0100get 0.0100% / 8h3h 54m$339K$201K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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: +0.042% → +0.128%
−$8.57
Slippage, 4 orders
−$155.74
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$179.31
Costs to cover
1.707%
Break-even
never at this rate
Slippage from MEXC: live order book, 45 min ago; Bybit: live order book, 55 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 MEXC live order book, 45 min ago2.13 bp16.1 bp −$1677.8 bp −$778172.4 bp −$17.2K489.5 bp −$244.8K
Sell Bybit live order book, 55 min ago6.39 bp81.8 bp −$82doesn't fitdoesn'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
Kraken Futures PF_LQTYUSD−0.0071%1h0.2362+0.016%$5K$9K10xas long as short
Binance LQTYUSDT+0.0100%8h0.2363+0.042%$1.4M$1.9M50xas long as short
Bybit LQTYUSDTshort+0.0100%8h0.2363+0.042%$339K$201K20x
OKX LQTY-USDT-SWAP+0.0100%8h0.2360−0.085%$227K$445K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2363+0.042%$77K$49K50xas long as short
MEXC LQTY_USDTlong+0.0100%8h0.2362long leg$288K$149K200x
KuCoin LQTYUSDTM+0.0100%8h0.2359−0.127%$203K$43K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2363+0.042%$136K$124K50xas long as short
BingX LQTY-USDT+0.0100%8h0.23620.000%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2362−0.017%$29K$17Kas long as short