Funding you earn now, next payment 22:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h +0.012%
Price spread now: QFEX against GRVT−0.002%57s7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.060%−$6 on $10k
+Price spread, last 3 days (all we have)−0.048%−$5 · spread now −0.002%, 7d avg −0.010%
=Together, before fees−0.108%+ Points / potential airdropGRVT: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 57 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 3 days it paid -0.060% in total (about -6.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT LLY_USDT_Perp | 1,165.3 | 0.0302 | pay 0.0302% / 8h | 2h 07m | $361 | $208K | 10x |
| Short | QFEX LLY-USD | 1,165.3 | 0.0006 | get 0.0001% / 1h | 7m 50s | $1.2M | $4.9M | 10x |
GRVT LLY_USDT_Perp
QFEX LLY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against GRVT. 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
- −$62.13
- Price spread: −0.002% → −0.010%
- $0.84
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$80.29
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 14 min ago; QFEX: live order book, 6 min ago. Net counts fees only.
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 GRVT live order book, 14 min ago | 3.00 bp | 1875.0 bp −$1,875 | 108694.4 bp −$1.09M | 1175427.9 bp −$117.54M | doesn't fit |
| Sell QFEX live order book, 6 min ago | 152.10 bp | 157.7 bp −$158 | 165.8 bp −$1,658 | 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 | 1,164.6 | −0.061% | $24K | $3K | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.1 | −0.022% | $1.3M | $712K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,164.9 | −0.036% | $818K | $563K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.1 | −0.020% | $1.3M | $912K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.7 | +0.034% | $2.3M | $176K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.1 | −0.020% | $191K | $19K | — | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.6 | +0.024% | $2K | $6.6M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,164.1 | −0.103% | $6K | $40K | 20x | as long as short |
| QFEX LLY-USDshort | +0.0006% | 1h | 1,165.3 | −0.002% | $1.2M | $4.9M | 10x | |
| Aftermath Perps LLYUSD | +0.0013% | 1h | 1,165.2 | −0.015% | $47K | $41K | 5x | as long as short |
Aster LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSDShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,165.1 | −0.016% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,165.3 | −0.002% | $8.6M | $1.1M | 10x | as long as short |
| BloFin LLY-USDT | +0.0065% | 8h | 1,165.7 | +0.030% | $84K | $84K | 20x | as long as short |
| Binance LLYUSDT | +0.0077% | 8h | 1,165.5 | +0.019% | $2.0M | $3.1M | 20x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,164.4 | −0.079% | $139K | $59K | 20x | as long as short |
| Nado LLY-PERP | +0.0152% | 1h | 1,165.3 | +0.001% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,177 | +1.002% | $10K | $21K | 12x | as long as short |
| GRVT LLY_USDT_Perplong | +0.0302% | 8h | 1,165.3 | long leg | $361 | $208K | 10x | |
| Phoenix LLY | +0.0343% | 1h | 1,166.1 | +0.067% | $1K | $7K | 10x | as long as short |
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
BloFin LLY-USDT
Binance LLYUSDT
KuCoin LLYUSDTM
Nado LLY-PERP
Injective LLY/USDC PERP
Phoenix LLY