LQTY funding rates and arbitrage

LQTY perpetuals trade on 10 contracts across 10 venues, forming 45 cross-venue arbitrage pairs. By net APR the current best pair is long Kraken against short BingX, netting +20.81%, though note the legs settle on different cadences (1h / 8h)ใ€‚

LQTY perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BingXLQTY-USDTUSDT8h0.0100%+10.95%+10.95%$1.3M0.18920
BinanceLQTYUSDTUSDT8h0.0086%+9.40%-3.54%$520K0.18910
WhiteBITLQTY_PERPUSDT8h0.0100%+10.95%+10.95%$256K0.18930
OKXLQTY-USDT-SWAPUSDT8h0.0085%+9.27%+9.81%$168K0.18930
MEXCLQTY_USDTUSDT8h0.0085%+9.31%-3.51%$107K0.18900
BybitLQTYUSDTUSDT8h0.0100%+10.95%+10.95%$90K0.18940
BitgetLQTYUSDTUSDT8h0.0100%+10.95%+10.95%$25K0.18940
KuCoinLQTYUSDTMUSDT8h0.0100%+10.95%+10.95%$13K0.18900
GateLQTY_USDTUSDT8h0.0100%+10.95%+10.95%$5K0.18960
KrakenPF_LQTYUSDUSD1h-0.0011%-9.86%-107.93%$2K0.18895

LQTY cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Kraken USDBingX USDT+20.81%0.0570%+118.88%1h / 8h$2K
Kraken USDBitget USDT+20.81%0.0570%+118.88%1h / 8h$2K
Kraken USDBybit USDT+20.81%0.0570%+118.88%1h / 8h$2K
Kraken USDGate USDT+20.81%0.0570%+118.88%1h / 8h$2K
Kraken USDKuCoin USDT+20.81%0.0570%+118.88%1h / 8h$2K
Kraken USDWhiteBIT USDT+20.81%0.0570%+118.88%1h / 8h$2K
Kraken USDBinance USDT+19.25%0.0527%+104.39%1h / 8h$2K
Kraken USDMEXC USDT+19.16%0.0525%+104.42%1h / 8h$2K
Kraken USDOKX USDT+19.12%0.0524%+117.74%1h / 8h$2K
OKX USDTBingX USDT+1.68%0.0046%+1.14%8h matched$168K
OKX USDTBitget USDT+1.68%0.0046%+1.14%8h matched$25K
OKX USDTBybit USDT+1.68%0.0046%+1.14%8h matched$90K

Liquity project profile

Key facts
Total
100.00M
Max supply
100.00M
Type
Token
Market cap rank
#851
Decentralized Finance (DeFi)Arbitrum EcosystemEthereum EcosystemAlameda Research PortfolioPantera Capital Portfolio
Contract addresses
ethereum0x6dea81c8171d0ba574754ef6f8b412f2ed88c54d
arbitrum0xfb9e5d956d889d91a82737b9bfcdac1dce3e1449
About

LQTY is a token that captures the fee revenue generated by the Liquity Protocol via staking. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD and need to maintain a minimum collateral ratio of only 110%. In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort. Liquity as a protocol is non-custodial, immutable, and governance-free.

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

Snapshot taken 2026-10-19 17:47 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.