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: Binance against OKX+0.176%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1441.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.176%, 7d avg −0.065%
Together, before fees−0.209%−$21 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 0.241% dearer against OKX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LQTY-USDT-SWAP0.23320.0100pay 0.0100% / 8h2h 21m$224K$420K10x
ShortBinance LQTYUSDT0.23360.0100get 0.0100% / 8h2h 21m$1.3M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.176% → −0.065%
$24.12
Slippage, 4 orders
−$124.13
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$120.01
Costs to cover
1.441%
Break-even
never at this rate
Slippage from OKX: live order book, 24 min ago; Binance: live order book, 12 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 OKX live order book, 24 min ago6.40 bp49.6 bp −$5017671.1 bp −$176.7Kdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago4.29 bp28.8 bp −$29148.9 bp −$1,489doesn'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−0.0214%1h0.2333+0.046%$5K$7K10xas long as short
Binance LQTYUSDTshort+0.0100%8h0.2336+0.176%$1.3M$1.8M50x
Bybit LQTYUSDT+0.0100%8h0.2334+0.086%$335K$193K20xas long as short
OKX LQTY-USDT-SWAPlong+0.0100%8h0.2332long leg$224K$420K10x
Gate LQTY_USDT+0.0100%8h0.2335+0.129%$75K$50K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2336+0.172%$285K$151K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2334+0.086%$199K$44K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.23320.000%$128K$120K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2331−0.043%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2328−0.167%$29K$17Kas long as short