LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.81 per $10,000 · paid last 24h −0.011%

Price spread now: Variational Omni against GRVT−0.001%59s7-day average −0.009% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.049%−$5 on $10k

Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.001%, 7d avg −0.009%

Together, before fees−0.070%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LLY_USDT_Perp	1,162.8	0	get 0.0000% / 8h	7h 08m	$267	$196K	10x
Short	Variational Omni LLY	1,162.8	0.0081	get 0.0081% / 8h	7h 08m	$191K	$17K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee Variational OmnibpOrdersPrice spread, now −0.001%Rate

Funding earned: $16.91
Price spread: −0.001% → −0.009%: $0.78
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $8.69
Costs to cover: 0.090%
Break-even: 3.4 days

Slippage unknown: GRVT: live order book, 60 min ago; Variational Omni: RFQ quote, just now. 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, 60 min ago	1.29 bp	1844.5 bp −$1,845	108390.3 bp −$1.08M	1172392.4 bp −$117.24M	doesn't fit
Sell Variational Omni RFQ quote, just now	4.82 bp	doesn't fit	72.4 bp −$724	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	+0.012%	$1.3M	$582K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.3	+0.044%	$793K	$629K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,162.5	−0.029%	$1.3M	$903K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163	+0.016%	$2.3M	$177K	20x	as long as short
GRVT LLY_USDT_Perplong	0.0000%	8h	1,162.8	long leg	$267	$196K	10x
SunX LLY-USDT	0.0000%	8h	1,162.5	−0.025%	$2K	$6.2M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.3	+0.042%	$5K	$40K	20x	as long as short
QFEX LLY-USD	+0.0004%	1h	1,162.7	−0.007%	$1.2M	$4.9M	10x	as long as short
Aftermath Perps LLYUSD	+0.0011%	1h	1,161.9	−0.080%	$47K	$42K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.6	−0.015%	—	—	25x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LLYUSDT	+0.0057%	8h	1,163.3	+0.041%	$23K	$3K	20x	as long as short
Variational Omni LLYshort	+0.0081%	8h	1,162.8	−0.001%	$191K	$17K	—
KuCoin LLYUSDTM	+0.0100%	8h	1,163.1	+0.027%	$137K	$75K	20x	as long as short
tradeXYZ xyz:LLY	+0.0143%	1h	1,162.3	−0.042%	$8.6M	$1.2M	10x	as long as short
Nado LLY-PERP	+0.0192%	1h	1,163.1	+0.023%	$39K	$251	10x	as long as short
BloFin LLY-USDT	+0.0193%	8h	1,162.7	−0.006%	$84K	$85K	20x	as long as short
Binance LLYUSDT	+0.0195%	8h	1,162.9	+0.006%	$2.0M	$3.1M	20x	as long as short
Phoenix LLY	+0.0206%	1h	1,163	+0.018%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,176.6	+1.188%	$7K	$24K	12x	as long as short