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 +0.021%

Price spread now: KuCoin against Bybit+0.049%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,144as in the Price arb table

costs, in and out, $10k−$1,15111.511% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.049%, 7d avg −0.025%

Together, before fees−0.028%−$3 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 0.074% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LLYUSDT	1,165.8	0	get 0.0000% / 8h	1h 11m	$1.3M	$350K	25x
Short	KuCoin LLYUSDTM	1,166.4	0.0100	get 0.0100% / 8h	1h 11m	$137K	$67K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.049%Rate

Funding earned: $21
Price spread: +0.049% → −0.025%: $7.36
Slippage, 4 orders: −$1,128.1
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,122.75
Costs to cover: 11.511%
Break-even: 381.2 days

Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 29 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 Bybit live order book, 4 min ago	8.70 bp	18.2 bp −$18	404.7 bp −$4,047	doesn't fit	doesn't fit
Sell KuCoin live order book, 29 min ago	12.44 bp	667.1 bp −$667	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
Aster LLYUSDT	0.0000%	8h	1,166.5	+0.056%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,166.7	+0.078%	$2.0M	$3.2M	20x	as long as short
Bybit LLYUSDTlong	0.0000%	8h	1,165.8	long leg	$1.3M	$350K	25x
OKX LLY-USDT-SWAP	0.0000%	8h	1,166.4	+0.049%	$790K	$567K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,166.2	+0.030%	$1.3M	$811K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.4	+0.051%	$2.3M	$167K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,166.7	+0.074%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.9	+0.004%	$256	$177K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.8	+0.083%	$1K	$5.7M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,165.7	−0.010%	$6K	$41K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LLY-USDT	+0.0010%	8h	1,166.7	+0.078%	$84K	$86K	20x	as long as short
QFEX LLY-USD	+0.0012%	1h	1,166.5	+0.053%	$1.2M	$3.5M	10x	as long as short
Aftermath Perps LLYUSD	+0.0021%	1h	1,166.4	+0.049%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,165.7	−0.013%	—	—	25x	as long as short
KuCoin LLYUSDTMshort	+0.0100%	8h	1,166.4	+0.049%	$137K	$67K	20x
tradeXYZ xyz:LLY	+0.0139%	1h	1,167	+0.100%	$8.7M	$1.2M	10x	as long as short
Phoenix LLY	+0.0206%	1h	1,166.5	+0.057%	$1K	$7K	10x	as long as short
Nado LLY-PERP	+0.0213%	1h	1,165.8	−0.005%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,178.7	+1.104%	$7K	$24K	12x	as long as short