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: KuCoin against MEXC−0.128%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$451as in the Funding arb table
Net, price: spread back to 7d avg − costs−$476as in the Price arb table
costs, in and out, $10k−$4544.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.128%, 7d avg +0.084%
Together, before fees+0.266%+$27 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: KuCoin is 0.212% cheaper against MEXC than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LQTY_USDT0.23450.0100pay 0.0100% / 8h2h 11m$286K$151K200x
ShortKuCoin LQTYUSDTM0.23420.0100get 0.0100% / 8h2h 11m$200K$43K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.128% → +0.084%
−$21.18
Slippage, 4 orders
−$438.33
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$475.51
Costs to cover
4.543%
Break-even
never at this rate
Slippage from MEXC: live order book, 19 min ago; KuCoin: live order book, 45 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, 19 min ago4.30 bp17.6 bp −$1868.5 bp −$685174.9 bp −$17.5K475.5 bp −$237.7K
Sell KuCoin live order book, 45 min ago12.76 bp226.6 bp −$227doesn'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−0.0212%1h0.2356+0.471%$5K$9K10xas long as short
Binance LQTYUSDT+0.0100%8h0.2346+0.043%$1.3M$1.8M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2348+0.128%$337K$193K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2344−0.043%$225K$422K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2344−0.043%$75K$50K50xas long as short
MEXC LQTY_USDTlong+0.0100%8h0.2345long leg$286K$151K200x
KuCoin LQTYUSDTMshort+0.0100%8h0.2342−0.128%$200K$43K30x
Bitget LQTYUSDT+0.0100%8h0.2344−0.043%$129K$120K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2343−0.085%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2339−0.272%$29K$17Kas long as short