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 OKX+0.256%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2412.412% 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)−0.186%−$19 · spread now +0.256%, 7d avg +0.062%
Together, before fees−0.161%−$16 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 0.194% dearer against OKX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LQTY-USDT-SWAP0.23430.0100pay 0.0100% / 8h41m 22s$224K$410K10x
ShortBybit LQTYUSDT0.23490.0100get 0.0100% / 8h41m 22s$336K$186K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.256% → +0.062%
$19.41
Slippage, 4 orders
−$220.25
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$221.84
Costs to cover
2.412%
Break-even
never at this rate
Slippage from OKX: live order book, 59 min ago; Bybit: live order book, 53 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, 59 min ago6.43 bp42.5 bp −$4216369.9 bp −$163.7Kdoesn't fitdoesn't fit
Sell Bybit live order book, 53 min ago4.28 bp82.3 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
Binance LQTYUSDT+0.0100%8h0.2348+0.199%$1.3M$1.8M50xas long as short
Bybit LQTYUSDTshort+0.0100%8h0.2349+0.256%$336K$186K20x
OKX LQTY-USDT-SWAPlong+0.0100%8h0.2343long leg$224K$410K10x
Gate LQTY_USDT+0.0100%8h0.2347+0.171%$75K$40K50xas long as short
MEXC LQTY_USDT+0.0100%8h0.2347+0.171%$288K$149K200xas long as short
KuCoin LQTYUSDTM+0.0100%8h0.23430.000%$198K$35K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.2346+0.128%$128K$115K50xas long as short
BingX LQTY-USDT+0.0100%8h0.2348+0.213%$1.4Mas long as short
Variational Omni LQTY+0.0100%8h0.2348+0.194%$29K$17Kas long as short
Kraken Futures PF_LQTYUSD+0.2827%1h0.2354+0.453%$5K$9K10xas long as short