Funding you earn now, next payment 08:00 UTC+0.0122%/8h= +13.3% APRnext payment +$1.22 per $10,000 · paid last 24h +0.068%
Price spread now: Binance against Gate+0.013%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now +0.013%, 7d avg +0.092%
=Funding pays, the price is against you. Binance is 0.080% cheaper against Gate than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.092%). If the spread goes back, that is −$8 on $10k: about 2.2 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LLY_USDT | 1,163.3 | 0 | get 0.0000% / 8h | 5h 39m | $1.3M | $902K | 25x |
| Short | Binance LLYUSDT | 1,163.5 | 0.0122 | get 0.0122% / 8h | 5h 39m | $2.0M | $3.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $25.55
- Price spread: +0.013% → +0.092%
- −$7.96
- Slippage, 4 orders
- −$112.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$120.11
- Costs to cover
- 1.377%
- Break-even
- 39.9 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 11 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 Gate live order book, 3 min ago | 10.96 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.36 bp | 14.5 bp −$14 | 35.1 bp −$351 | 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 | 1,162.9 | −0.032% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,164.1 | +0.068% | $792K | $645K | 20x | as long as short |
| Gate LLY_USDTlong | 0.0000% | 8h | 1,163.3 | long leg | $1.3M | $902K | 25x | |
| Bitget LLYUSDT | 0.0000% | 8h | 1,163.7 | +0.034% | $2.3M | $176K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,163.7 | +0.031% | $192K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,164 | +0.061% | $221 | $188K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,163.4 | +0.008% | $2K | $6.0M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.3 | −0.083% | $6K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0019% | 1h | 1,163 | −0.028% | $47K | $41K | 5x | as long as short |
| Aster LLYUSDT | +0.0037% | 8h | 1,163.3 | −0.004% | $23K | $3K | 20x | 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 | 1,163.5 | +0.017% | $1.2M | $4.6M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.7 | −0.049% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,163 | −0.027% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.2 | −0.009% | $137K | $73K | 20x | as long as short |
| BloFin LLY-USDT | +0.0113% | 8h | 1,163.9 | +0.053% | $84K | $84K | 20x | as long as short |
| Nado LLY-PERP | +0.0114% | 1h | 1,163.3 | −0.002% | $39K | $251 | 10x | as long as short |
| Binance LLYUSDTshort | +0.0122% | 8h | 1,163.5 | +0.013% | $2.0M | $3.1M | 20x | |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,175.6 | +1.056% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0343% | 1h | 1,164 | +0.059% | $1K | $7K | 10x | as long as short |
Gate LLY_USDT
Binance LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
Aster LLYUSDT
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
BloFin LLY-USDT
Injective LLY/USDC PERP
Phoenix LLY