Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.028%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$869as in the Funding arb table
Net, price: spread back to 7d avg − costs−$885as in the Price arb table
costs, in and out, $10k−$8838.833% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.028%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LLY_USDT | 1,165.5 | 0 | get 0.0000% / 8h | 2h 30m | $1.3M | $829K | 25x |
| Short | KuCoin LLYUSDTM | 1,165.8 | 0.0100 | get 0.0100% / 8h | 2h 30m | $137K | $71K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.028% → +0.047%
- −$1.86
- Slippage, 4 orders
- −$856.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$864.19
- Costs to cover
- 8.833%
- Break-even
- 295.1 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 18 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, 1 min ago | 10.13 bp | 29.1 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 10.30 bp | 459.0 bp −$459 | 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 | −0.0006% | 8h | 1,166.2 | +0.066% | $84K | $86K | 20x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,165.8 | +0.025% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,166.1 | +0.052% | $2.0M | $3.1M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.8 | +0.029% | $1.3M | $398K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,165.6 | +0.011% | $790K | $568K | 20x | as long as short |
| Gate LLY_USDTlong | 0.0000% | 8h | 1,165.5 | long leg | $1.3M | $829K | 25x | |
| Bitget LLYUSDT | 0.0000% | 8h | 1,166.4 | +0.080% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.9 | +0.038% | $193K | $16K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.9 | +0.038% | $245 | $180K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,166 | +0.045% | $1K | $5.8M | 10x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LLY-USDT | 0.0000% | 8h | 1,165.2 | −0.027% | $6K | $41K | 20x | as long as short |
| QFEX LLY-USD | +0.0011% | 1h | 1,165.9 | +0.040% | $1.2M | $3.8M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0014% | 1h | 1,165.7 | +0.024% | $47K | $40K | 5x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,166.5 | +0.087% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,166 | +0.045% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTMshort | +0.0100% | 8h | 1,165.8 | +0.028% | $137K | $71K | 20x | |
| Nado LLY-PERP | +0.0197% | 1h | 1,165.7 | +0.018% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,177.3 | +1.015% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0274% | 1h | 1,166.7 | +0.106% | $1K | $7K | 10x | as long as short |
Gate LLY_USDT
KuCoin LLYUSDTM
BloFin LLY-USDT
Aster LLYUSDT
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
tradeXYZ xyz:LLY
Injective LLY/USDC PERP
Phoenix LLY