Settings8H · net · $10k
Funding arb · Price arb /

LLY

RWAall LLY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0392%/8h= +42.9% APRnext payment +$3.92 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Gate−0.013%96s7-day average +0.071% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 3 days (all we have)+0.109%+$11 · spread now −0.013%, 7d avg +0.071%
Together, before fees+0.292%+ Points / potential airdropGRVT: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.084% cheaper against Gate than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.071%). If the spread goes back, that is −$8 on $10k: about 17 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.183% in total) that is about 3.2 days. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.183% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LLY_USDT1,166.80get 0.0000% / 8h1h 33m$1.3M$909K25x
ShortGRVT LLY_USDT_Perp1,166.70.0392get 0.0392% / 8h1h 33m$910$209K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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

Funding earned
$82.32
Price spread: −0.013% → +0.071%
−$8.42
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$49.9
Costs to cover
0.240%
Break-even
2.8 days
Slippage unknown: Gate: live order book, 3 min ago; GRVT: live order book, 48 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago11.15 bp28.7 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 48 min ago3.00 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

LLY on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD−0.0006%1h1,166.3−0.041%$1.2M$5.0M10xas long as short
Aster LLYUSDT0.0000%8h1,165.9−0.081%$24K$3K20xas long as short
Bybit LLYUSDT0.0000%8h1,166.3−0.047%$1.3M$637K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,167+0.017%$820K$563K20xas long as short
Gate LLY_USDTlong0.0000%8h1,166.8long leg$1.3M$909K25x
Bitget LLYUSDT0.0000%8h1,167.1+0.025%$2.3M$176K20xas long as short
SunX LLY-USDT0.0000%8h1,166.7−0.009%$2K$6.6M10xas long as short
HTX LLY-USDT0.0000%8h1,164.8−0.170%$5K$40K20xas long as short
Aftermath Perps LLYUSD+0.0011%1h1,166.4−0.032%$47K$41K5xas long as short
Variational Omni LLY+0.0016%8h1,166.8+0.001%$191K$19Kas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LLY-USD-PERP+0.0046%1h1,166.4−0.036%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,166.6−0.017%$8.6M$1.1M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,166.6−0.017%$139K$56K20xas long as short
Binance LLYUSDT+0.0186%8h1,166.6−0.021%$2.0M$3.1M20xas long as short
Nado LLY-PERP+0.0190%1h1,166.4−0.032%$39K$25110xas long as short
BloFin LLY-USDT+0.0194%8h1,166.8−0.001%$84K$84K20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177.9+0.951%$10K$21K12xas long as short
Phoenix LLY+0.0274%1h1,166.7−0.009%$1K$7K10xas long as short
GRVT LLY_USDT_Perpshort+0.0392%8h1,166.7−0.013%$910$209K10x