LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bitget−0.018%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,155as in the Price arb table

costs, in and out, $10k−$1,15811.583% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.148%+$15 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.018%, 7d avg −0.052%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.034% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LLYUSDT	1,163.8	0	get 0.0000% / 8h	5h 09m	$2.3M	$176K	20x
Short	KuCoin LLYUSDTM	1,163.6	0.0100	get 0.0100% / 8h	5h 09m	$137K	$73K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now −0.018%Rate

Funding earned: $21
Price spread: −0.018% → −0.052%: $3.37
Slippage, 4 orders: −$1,134.26
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,133.9
Costs to cover: 11.583%
Break-even: 385.0 days

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 3 min ago	8.42 bp	16.7 bp −$17	33.9 bp −$339	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	12.91 bp	641.0 bp −$641	doesn't fit	doesn't fit	doesn't fit

LLY on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LLYUSDT	0.0000%	8h	1,163.1	−0.059%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.4	−0.035%	$792K	$645K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,163.5	−0.024%	$1.3M	$903K	25x	as long as short
Bitget LLYUSDTlong	0.0000%	8h	1,163.8	long leg	$2.3M	$176K	20x
Variational Omni LLY	0.0000%	8h	1,163.2	−0.048%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,163.7	−0.012%	$268	$188K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,164.2	+0.034%	$2K	$6.0M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.2	−0.050%	$6K	$40K	20x	as long as short
Aster LLYUSDT	+0.0015%	8h	1,163.9	+0.004%	$24K	$3K	20x	as long as short
Aftermath Perps LLYUSD	+0.0017%	1h	1,162.9	−0.078%	$47K	$41K	5x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX LLY-USD	+0.0043%	1h	1,163.6	−0.017%	$1.2M	$4.5M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.7	−0.093%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0063%	1h	1,163.3	−0.044%	$8.7M	$1.2M	10x	as long as short
Binance LLYUSDT	+0.0080%	8h	1,164	+0.019%	$2.0M	$3.1M	20x	as long as short
KuCoin LLYUSDTMshort	+0.0100%	8h	1,163.6	−0.018%	$137K	$73K	20x
BloFin LLY-USDT	+0.0106%	8h	1,164	+0.020%	$84K	$84K	20x	as long as short
Nado LLY-PERP	+0.0139%	1h	1,163.4	−0.039%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,175.2	+0.979%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0343%	1h	1,163.7	−0.009%	$1K	$7K	10x	as long as short