Funding you earn now, next payment 11:00 UTC−0.0436%/8h= −47.8% APRpaid last 24h −0.005%
Price spread now: tradeXYZ against BloFin−0.134%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and tradeXYZ is 0.134% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LLY-USDT | 1,160 | 0.0002 | pay 0.0002% / 8h | 5h 44m | $86K | $87K | 20x |
| Short | tradeXYZ xyz:LLY | 1,158.4 | −0.0435 | pay 0.0054% / 1h | 44m 48s | $8.7M | $1.2M | 10x |
BloFin LLY-USDT
tradeXYZ xyz:LLYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$91.65
- Price spread: −0.134% → 0.000%
- −$13.45
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$135.1
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; tradeXYZ: live order book, 7 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 7 min ago | 3.02 bp | 14.0 bp −$14 | 26.9 bp −$269 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LLY on 19 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado LLY-PERP | −0.0682% | 1h | 1,158.8 | −0.101% | $39K | $251 | 10x | as long as short |
| tradeXYZ xyz:LLYshort | −0.0435% | 1h | 1,158.4 | −0.134% | $8.7M | $1.2M | 10x | |
| Bybit LLYUSDT | −0.0127% | 8h | 1,159.6 | −0.032% | $1.4M | $481K | 25x | as long as short |
| GRVT LLY_USDT_Perp | −0.0081% | 8h | 1,160.7 | +0.068% | $267 | $151K | 10x | as long as short |
| Aftermath Perps LLYUSD | −0.0011% | 1h | 1,160.6 | +0.052% | $47K | $50K | 5x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,159.7 | −0.021% | $23K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,160.5 | +0.049% | $2.0M | $3.4M | 20x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,159.8 | −0.014% | $810K | $558K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,160 | 0.000% | $1.3M | $630K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,160.3 | +0.030% | $2.3M | $180K | 20x | as long as short |
Nado LLY-PERP
Bybit LLYUSDT
GRVT LLY_USDT_Perp
Aftermath Perps LLYUSD
Aster LLYUSDT
Binance LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LLY | 0.0000% | 8h | 1,160.1 | +0.008% | $190K | $21K | — | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,160.1 | +0.012% | $2K | $4.7M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,158.5 | −0.128% | $5K | $41K | 20x | as long as short |
| BloFin LLY-USDTlong | +0.0002% | 8h | 1,160 | long leg | $86K | $87K | 20x | |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,159.8 | −0.018% | — | — | 25x | as long as short |
| QFEX LLY-USD | +0.0058% | 1h | 1,159.6 | −0.030% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0076% | 8h | 1,158.8 | −0.100% | $140K | $224K | 20x | as long as short |
| Phoenix LLY | +0.0207% | 1h | 1,159.6 | −0.031% | $1K | $9K | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,160 | +0.003% | $20K | $37K | 12x | as long as short |
Variational Omni LLY
SunX LLY-USDT
HTX LLY-USDT
Vest LLY-USD-PERP
QFEX LLY-USD
KuCoin LLYUSDTM
Phoenix LLY
Injective LLY/USDC PERP