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

LQTY

all LQTY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.171%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1311.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.171%, 7d avg +0.002%
Together, before fees−0.131%−$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: BingX is 0.170% dearer against OKX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LQTY-USDT-SWAP0.23340.0100pay 0.0100% / 8h7h 57m$223K$395K10x
ShortBingX LQTY-USDT0.23380.0100get 0.0100% / 8h7h 57m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.171% → +0.002%
$16.97
Slippage, 4 orders
−$110.73
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$113.77
Costs to cover
1.307%
Break-even
never at this rate
Slippage from OKX: live order book, 38 min ago; BingX: live order book, 3 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, 38 min ago4.28 bp40.5 bp −$4116075.6 bp −$160.8Kdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago4.28 bp27.9 bp −$2880.4 bp −$804480.7 bp −$48.1K535.3 bp −$267.7K

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
Binance LQTYUSDT+0.0100%8h0.2339+0.194%$1.3M$1.8M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2341+0.300%$334K$183K20xas long as short
OKX LQTY-USDT-SWAPlong+0.0100%8h0.2334long leg$223K$395K10x
Gate LQTY_USDT+0.0100%8h0.2340+0.257%$75K$39K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2338+0.171%$285K$147K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.2337+0.129%$196K$24K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2338+0.171%$128K$107K50xas long as short
BingX LQTY-USDTshort+0.0100%8h0.2338+0.171%$1.4M
Variational Omni LQTY+0.0100%8h0.2337+0.115%$29K$17Kas long as short
Kraken Futures PF_LQTYUSD+0.3352%1h0.2345+0.461%$5K$8K10xas long as short