Funding you earn now, next payment 12:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h −0.055%
Price spread now: QFEX against Injective−1.228%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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 1.228% cheaper against Injective than usual: you would sell low and buy high (−$123 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LLY/USDC PERP | 1,160 | 0.0033 | pay 0.0004% / 1h | 48m 24s | $20K | $37K | 12x |
| Short | QFEX LLY-USD | 1,145.8 | 0.0013 | get 0.0002% / 1h | 48m 24s | $1.2M | $3.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$4.24
- Price spread: −1.228% → 0.000%
- −$122.84
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$137.11
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 3 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 QFEX live order book, 3 min ago | 5.09 bp | 10.1 bp −$10 | 14.2 bp −$142 | 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 exchanges
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 | −0.0043% | 8h | 1,145 | −1.294% | $1.4M | $613K | 25x | as long as short |
| BloFin LLY-USDT | −0.0028% | 8h | 1,145.9 | −1.213% | $86K | $86K | 20x | as long as short |
| Aftermath Perps LLYUSD | −0.0018% | 1h | 1,151.9 | −0.697% | $47K | $51K | 5x | as long as short |
| GRVT LLY_USDT_Perp | −0.0003% | 8h | 1,149.1 | −0.942% | $770 | $151K | 10x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,146.6 | −1.158% | $23K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,146.5 | −1.166% | $2.0M | $3.9M | 20x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,147 | −1.121% | $823K | $574K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,144.7 | −1.319% | $1.3M | $647K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,146.7 | −1.145% | $2.3M | $329K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,148.4 | −0.999% | $188K | $21K | — | as long as short |
Show all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LLY-USDT | 0.0000% | 8h | 1,145.8 | −1.224% | $2K | $4.5M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,149.1 | −0.940% | $5K | $42K | 20x | as long as short |
| QFEX LLY-USDshort | +0.0013% | 1h | 1,145.8 | −1.228% | $1.2M | $3.2M | 10x | |
| KuCoin LLYUSDTM | +0.0024% | 8h | 1,145.6 | −1.241% | $145K | $291K | 20x | as long as short |
| Injective LLY/USDC PERPlong | +0.0033% | 1h | 1,160 | long leg | $20K | $37K | 12x | |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,145.1 | −1.287% | — | — | 25x | as long as short |
| Phoenix LLY | +0.0069% | 1h | 1,147.5 | −1.078% | $1K | $9K | 10x | as long as short |
| tradeXYZ xyz:LLY | +0.0108% | 1h | 1,145.3 | −1.267% | $8.7M | $1.3M | 10x | as long as short |
| Nado LLY-PERP | +0.0163% | 1h | 1,144.4 | −1.345% | $38K | $251 | 10x | as long as short |
Injective LLY/USDC PERP
Bybit LLYUSDT
BloFin LLY-USDT
Aftermath Perps LLYUSD
GRVT LLY_USDT_Perp
Aster LLYUSDT
Binance LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
SunX LLY-USDT
HTX LLY-USDT
KuCoin LLYUSDTM
Phoenix LLY
tradeXYZ xyz:LLY