Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: OKX against Bybit−0.028%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$960.960% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.028%, 7d avg −0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LLYUSDT | 1,163.9 | 0 | get 0.0000% / 8h | 3h 48m | $1.3M | $523K | 25x |
| Short | OKX LLY-USDT-SWAP | 1,163.6 | 0 | get 0.0000% / 8h | 3h 48m | $789K | $645K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $0
- Price spread: −0.028% → −0.021%
- −$0.78
- Slippage, 4 orders
- −$75.03
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$96.81
- Costs to cover
- 0.960%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 4.38 bp | 22.2 bp −$22 | 578.9 bp −$5,789 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.58 bp | 33.0 bp −$33 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LLY-USDT | −0.0005% | 8h | 1,164.5 | +0.049% | $83K | $85K | 20x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,164.3 | +0.035% | $24K | $3K | 20x | as long as short |
| Bybit LLYUSDTlong | 0.0000% | 8h | 1,163.9 | long leg | $1.3M | $523K | 25x | |
| OKX LLY-USDT-SWAPshort | 0.0000% | 8h | 1,163.6 | −0.028% | $789K | $645K | 20x | |
| Gate LLY_USDT | 0.0000% | 8h | 1,164.1 | +0.016% | $1.3M | $852K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,164.7 | +0.063% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,164.3 | +0.033% | $192K | $16K | — | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,164.5 | +0.049% | $1K | $5.8M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.4 | −0.130% | $5K | $41K | 20x | as long as short |
| Binance LLYUSDT | +0.0006% | 8h | 1,164.5 | +0.045% | $2.0M | $3.1M | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LLYUSD | +0.0025% | 1h | 1,163.1 | −0.070% | $47K | $41K | 5x | as long as short |
| QFEX LLY-USD | +0.0042% | 1h | 1,164.1 | +0.015% | $1.2M | $4.1M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,163 | −0.084% | — | — | 25x | as long as short |
| GRVT LLY_USDT_Perp | +0.0060% | 8h | 1,164.4 | +0.040% | $221 | $185K | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,164 | +0.006% | $137K | $74K | 20x | as long as short |
| tradeXYZ xyz:LLY | +0.0133% | 1h | 1,163.9 | −0.003% | $8.7M | $1.2M | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,176.3 | +1.063% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0344% | 1h | 1,164.3 | +0.032% | $1K | $7K | 10x | as long as short |
| Nado LLY-PERP | +0.0358% | 1h | 1,163.9 | +0.001% | $39K | $251 | 10x | as long as short |
Bybit LLYUSDT
OKX LLY-USDT-SWAP
BloFin LLY-USDT
Aster LLYUSDT
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
SunX LLY-USDT
HTX LLY-USDT
Binance LLYUSDT
Aftermath Perps LLYUSD
GRVT LLY_USDT_Perp
KuCoin LLYUSDTM
tradeXYZ xyz:LLY
Injective LLY/USDC PERP
Phoenix LLY