Funding you earn now, next payment 03:00 UTC−0.0149%/8h= −16.3% APRnext payment −$0.19 per $10,000 · paid last 24h −0.035%
Price spread now: tradeXYZ against Injective−1.038%94s7-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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and tradeXYZ is 1.038% cheaper against Injective than usual: you would sell low and buy high (−$104 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 94 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 | 1,175.2 | 0.0220 | pay 0.0028% / 1h | 1m 40s | $7K | $24K | 12x |
| Short | tradeXYZ xyz:LLY | 1,163 | 0.0071 | get 0.0009% / 1h | 1m 40s | $8.7M | $1.2M | 10x |
Injective LLY/USDC PERP
tradeXYZ xyz:LLYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$31.21
- Price spread: −1.038% → 0.000%
- −$103.81
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$153.05
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago | 3.87 bp | 17.8 bp −$18 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LLYUSDT | 0.0000% | 8h | 1,163.1 | −1.026% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,163.4 | −1.004% | $792K | $644K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,163.6 | −0.989% | $1.3M | $904K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,163.8 | −0.973% | $2.3M | $176K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,164 | −0.949% | $192K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,163.8 | −0.974% | $221 | $188K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,163.7 | −0.979% | $1K | $6.0M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.5 | −1.084% | $5K | $40K | 20x | as long as short |
| Aster LLYUSDT | +0.0012% | 8h | 1,163.4 | −1.005% | $24K | $3K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0015% | 1h | 1,162.7 | −1.065% | $47K | $41K | 5x | as long as short |
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aster LLYUSDT
Aftermath Perps LLYUSDShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USD | +0.0043% | 1h | 1,163.8 | −0.967% | $1.2M | $4.5M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.7 | −1.065% | — | — | 25x | as long as short |
| Binance LLYUSDT | +0.0071% | 8h | 1,163.6 | −0.987% | $2.0M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:LLYshort | +0.0071% | 1h | 1,163 | −1.038% | $8.7M | $1.2M | 10x | |
| BloFin LLY-USDT | +0.0093% | 8h | 1,163.8 | −0.967% | $84K | $84K | 20x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.5 | −0.996% | $137K | $73K | 20x | as long as short |
| Nado LLY-PERP | +0.0142% | 1h | 1,163.2 | −1.018% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERPlong | +0.0220% | 1h | 1,175.2 | long leg | $7K | $24K | 12x | |
| Phoenix LLY | +0.0343% | 1h | 1,164.4 | −0.919% | $1K | $7K | 10x | as long as short |
QFEX LLY-USD
Vest LLY-USD-PERP
Binance LLYUSDT
BloFin LLY-USDT
KuCoin LLYUSDTM
Nado LLY-PERP
Phoenix LLY