Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.068%
Price spread now: Binance against OKX−0.008%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$720.718% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now −0.008%, 7d avg +0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LLY-USDT-SWAP | 1,163.5 | 0 | get 0.0000% / 8h | 4h 23m | $790K | $645K | 20x |
| Short | Binance LLYUSDT | 1,163.4 | 0.0009 | get 0.0009% / 8h | 4h 23m | $2.0M | $3.1M | 20x |
OKX LLY-USDT-SWAP
Binance LLYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $1.91
- Price spread: −0.008% → +0.028%
- −$3.54
- Slippage, 4 orders
- −$51.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$73.42
- Costs to cover
- 0.718%
- Break-even
- 276.5 days
Slippage from OKX: live order book, 33 min ago; Binance: live order book, 13 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 OKX live order book, 33 min ago | 5.16 bp | 14.0 bp −$14 | 325.9 bp −$3,259 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.11 bp | 9.4 bp −$9 | 26.9 bp −$269 | 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 | −0.0004% | 8h | 1,163.3 | −0.020% | $84K | $85K | 20x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,163.2 | −0.028% | $23K | $3K | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,162.8 | −0.057% | $1.3M | $521K | 25x | as long as short |
| OKX LLY-USDT-SWAPlong | 0.0000% | 8h | 1,163.5 | long leg | $790K | $645K | 20x | |
| Gate LLY_USDT | 0.0000% | 8h | 1,163.2 | −0.027% | $1.3M | $880K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,163.8 | +0.021% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,163.5 | +0.001% | $192K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,163.4 | −0.011% | $221 | $186K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,163.5 | 0.000% | $1K | $5.8M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162 | −0.132% | $5K | $41K | 20x | as long as short |
BloFin LLY-USDT
Aster LLYUSDT
Bybit LLYUSDT
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LLYUSDTshort | +0.0009% | 8h | 1,163.4 | −0.008% | $2.0M | $3.1M | 20x | |
| Aftermath Perps LLYUSD | +0.0015% | 1h | 1,163.4 | −0.010% | $47K | $41K | 5x | as long as short |
| QFEX LLY-USD | +0.0035% | 1h | 1,163.5 | +0.001% | $1.2M | $4.3M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.8 | −0.064% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,163.4 | −0.009% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.4 | −0.009% | $137K | $73K | 20x | as long as short |
| Nado LLY-PERP | +0.0104% | 1h | 1,162.9 | −0.050% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,175.1 | +0.997% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0275% | 1h | 1,163.5 | 0.000% | $1K | $7K | 10x | as long as short |
Aftermath Perps LLYUSD
QFEX LLY-USD
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Nado LLY-PERP
Injective LLY/USDC PERP
Phoenix LLY