LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against KuCoin−0.015%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$898as in the Funding arb table

Net, price: spread back to 7d avg − costs−$880as in the Price arb table

costs, in and out, $10k−$8838.833% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.015%, 7d avg −0.047%

Together, before fees−0.188%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.032% dearer against KuCoin than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.047%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LLYUSDTM	1,165.8	0.0100	pay 0.0100% / 8h	2h 29m	$137K	$71K	20x
Short	Gate LLY_USDT	1,165.6	0	get 0.0000% / 8h	2h 29m	$1.3M	$829K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 KuCoinbpFee GatebpOrdersPrice spread, now −0.015%Rate

Funding earned: −$21
Price spread: −0.015% → −0.047%: $3.23
Slippage, 4 orders: −$856.33
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$901.1
Costs to cover: 8.833%
Break-even: never at this rate

Slippage from KuCoin: live order book, 20 min ago; Gate: live order book, 3 min ago.

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 KuCoin live order book, 20 min ago	10.30 bp	376.6 bp −$377	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	10.13 bp	18.6 bp −$19	doesn't fit	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
BloFin LLY-USDT	−0.0006%	8h	1,166.2	+0.038%	$84K	$86K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,165.8	−0.003%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,166.1	+0.023%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.8	−0.002%	$1.3M	$398K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.9	+0.009%	$791K	$569K	20x	as long as short
Gate LLY_USDTshort	0.0000%	8h	1,165.6	−0.015%	$1.3M	$829K	25x
Bitget LLYUSDT	0.0000%	8h	1,166.4	+0.051%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.9	+0.009%	$193K	$16K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.2	−0.048%	$221	$180K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166	+0.017%	$1K	$5.8M	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LLY-USDT	0.0000%	8h	1,165.2	−0.056%	$6K	$41K	20x	as long as short
QFEX LLY-USD	+0.0011%	1h	1,165.9	+0.008%	$1.2M	$3.8M	10x	as long as short
Aftermath Perps LLYUSD	+0.0014%	1h	1,165.7	−0.004%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166.4	+0.053%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,166	+0.017%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTMlong	+0.0100%	8h	1,165.8	long leg	$137K	$71K	20x
Nado LLY-PERP	+0.0198%	1h	1,165.7	−0.011%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.3	+0.986%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0274%	1h	1,166.4	+0.051%	$1K	$7K	10x	as long as short