Funding you earn now, next payment 08:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h +0.014%
Price spread now: Phoenix against Injective−0.951%7-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
Funding pays, the price is against you. Phoenix is 0.951% cheaper against Injective than usual: you would sell low and buy high (spread −0.951% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$95 on $10k: about 17 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LLY/USDC PERP | 1,177.7 | 0.0220 | pay 0.0028% / 1h | 48m 35s | $7K | $24K | 12x |
| Short | Phoenix LLY | 1,166.5 | 0.0412 | get 0.0051% / 1h | 48m 35s | $1K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $40.28
- Price spread: −0.951% → 0.000%
- −$95.1
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$61.84
- Costs to cover
- 0.070%
- Break-even
- 17.7 days
Slippage unknown: Injective: no order-book sample; Phoenix: no order-book sample. 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 Phoenix no order-book sample | — | — | — | — | — |
Injective and Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado LLY-PERP | −0.0208% | 1h | 1,166.5 | −0.948% | $39K | $251 | 10x | as long as short |
| tradeXYZ xyz:LLY | −0.0077% | 1h | 1,165.4 | −1.044% | $8.7M | $1.1M | 10x | as long as short |
| BloFin LLY-USDT | −0.0010% | 8h | 1,165.3 | −1.053% | $84K | $85K | 20x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,166.3 | −0.966% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,165.8 | −1.014% | $2.0M | $3.2M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,166.7 | −0.935% | $1.3M | $342K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,165.1 | −1.070% | $795K | $570K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,164.9 | −1.089% | $1.3M | $635K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.8 | −1.010% | $2.3M | $166K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,164.9 | −1.087% | $193K | $19K | — | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.2 | −1.064% | $233 | $169K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.1 | −1.070% | $1K | $5.6M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,165.3 | −1.050% | $6K | $41K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0023% | 1h | 1,165.5 | −1.032% | $47K | $40K | 5x | as long as short |
| QFEX LLY-USD | +0.0035% | 1h | 1,164.9 | −1.090% | $1.2M | $3.1M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,164.9 | −1.086% | — | — | 25x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,165.9 | −1.002% | $137K | $91K | 20x | as long as short |
| Injective LLY/USDC PERPlong | +0.0220% | 1h | 1,177.7 | long leg | $7K | $24K | 12x | |
| Phoenix LLYshort | +0.0412% | 1h | 1,166.5 | −0.951% | $1K | $7K | 10x |
Injective LLY/USDC PERP
Phoenix LLY
tradeXYZ xyz:LLY
BloFin LLY-USDT
Aster LLYUSDT
Binance LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
KuCoin LLYUSDTM