Funding you earn now, next payment 22:00 UTC−0.0175%/8h= −19.2% APRpaid last 24h −0.032%
Price spread now: Binance against Injective−1.005%97s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 1.005% cheaper against Injective than usual: you would sell low and buy high (−$101 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 97 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 | Injective LLY/USDC PERP | 1,177 | 0.0220 | pay 0.0028% / 1h | 21m 45s | $10K | $21K | 12x |
| Short | Binance LLYUSDT | 1,165.2 | 0.0045 | get 0.0045% / 8h | 2h 21m | $2.0M | $3.2M | 20x |
Injective LLY/USDC PERP
Binance LLYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- −$36.84
- Price spread: −1.005% → 0.000%
- −$100.5
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$147.36
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 14 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 1.29 bp | 9.6 bp −$10 | 32.9 bp −$329 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1,164.5 | −1.061% | $24K | $3K | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,164.4 | −1.068% | $1.3M | $837K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,165.1 | −1.011% | $819K | $567K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,164.6 | −1.052% | $1.3M | $911K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.3 | −0.996% | $2.3M | $176K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.2 | −1.006% | $191K | $19K | — | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.2 | −1.003% | $1K | $6.7M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.3 | −1.247% | $5K | $40K | 20x | as long as short |
| QFEX LLY-USD | +0.0006% | 1h | 1,165.1 | −1.008% | $1.2M | $4.8M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0017% | 1h | 1,165.2 | −1.007% | $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
QFEX LLY-USD
Aftermath Perps LLYUSDShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LLY-USDT | +0.0030% | 8h | 1,165.4 | −0.987% | $84K | $84K | 20x | as long as short |
| Binance LLYUSDTshort | +0.0045% | 8h | 1,165.2 | −1.005% | $2.0M | $3.2M | 20x | |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,166.2 | −0.918% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,165.1 | −1.011% | $8.6M | $1.1M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,164.8 | −1.037% | $139K | $59K | 20x | as long as short |
| Nado LLY-PERP | +0.0155% | 1h | 1,165.3 | −0.991% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERPlong | +0.0220% | 1h | 1,177 | long leg | $10K | $21K | 12x | |
| GRVT LLY_USDT_Perp | +0.0280% | 8h | 1,165.4 | −0.984% | $443 | $209K | 10x | as long as short |
| Phoenix LLY | +0.0343% | 1h | 1,165.5 | −0.977% | $1K | $7K | 10x | as long as short |
BloFin LLY-USDT
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Nado LLY-PERP
GRVT LLY_USDT_Perp
Phoenix LLY