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

LSK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0260%/8h= −28.5% APRnext payment $0.33 per $10,000 · paid last 24h −0.149%
Price spread now: Bybit against Gate+0.003%7-day average +0.901% · you sell dearer than you buy
Net, funding: paid 7d − costs−$978as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$2232.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−7.557%−$756 on $10k
Price spread, last 7 days+1.776%+$178 · spread now +0.003%, 7d avg +0.901%
Together, before fees−5.781%−$578 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.898% cheaper against Gate than usual: you would sell low and buy high (−$90 if the spread goes back to its 7-day average of +0.901%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LSK_USDT0.36600.0360pay 0.0045% / 1h56m 51s$1.5M$2.7M20x
ShortBybit LSKUSDT0.36600.0100get 0.0013% / 1h56m 51s$9.9M$20.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
−$54.6
Price spread: +0.003% → +0.901%
−$89.81
Slippage, 4 orders
−$196.64
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$367.05
Costs to cover
2.226%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 2 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 Gate live order book, 1 min ago5.47 bp81.7 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.14 bp28.8 bp −$29186.6 bp −$1,866doesn't fitdoesn't fit

LSK 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
Aster LSKUSDT−0.0591%1h0.3653−0.178%$62K$120K5xas long as short
Binance LSKUSDT−0.0265%1h0.3657−0.085%$15.2M$95.6M50xas long as short
MEXC LSK_USDT−0.0264%1h0.3656−0.107%$8.1M$2.5M20xas long as short
Variational Omni LSK+0.0100%1h0.3655−0.131%$28K$235Kas long as short
Bybit LSKUSDTshort+0.0100%1h0.3660+0.003%$9.9M$20.2M25x
HTX LSK-USDT+0.0100%1h0.3651−0.246%$61K$306K20xas long as short
Bitget LSKUSDT+0.0104%1h0.3655−0.137%$2.6M$8.9M50xas long as short
Kraken Futures PF_LSKUSD+0.0237%1h0.3674+0.377%$113K$178K10xas long as short
Gate LSK_USDTlong+0.0360%1h0.3660long leg$1.5M$2.7M20x
BingX LSK-USDT+0.1358%1h0.3654−0.153%$3.0Mas long as short