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: KuCoin against OKX+0.043%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$856as in the Funding arb table
Net, price: spread back to 7d avg − costs−$865as in the Price arb table
costs, in and out, $10k−$8698.695% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.043%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.047% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LLY-USDT-SWAP | 1,165 | 0 | get 0.0000% / 8h | 2h 03m | $789K | $569K | 20x |
| Short | KuCoin LLYUSDTM | 1,165.5 | 0.0100 | get 0.0100% / 8h | 2h 03m | $139K | $71K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.043% → −0.004%
- $4.74
- Slippage, 4 orders
- −$847.49
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$843.75
- Costs to cover
- 8.695%
- Break-even
- 288.3 days
Slippage from OKX: live order book, 43 min ago; KuCoin: live order book, 46 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, 43 min ago | 0.43 bp | 19.0 bp −$19 | 361.8 bp −$3,618 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 46 min ago | 10.30 bp | 459.0 bp −$459 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LLYUSDT | 0.0000% | 8h | 1,165.6 | +0.053% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,165.5 | +0.046% | $2.0M | $3.2M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.4 | +0.033% | $1.3M | $401K | 25x | as long as short |
| OKX LLY-USDT-SWAPlong | 0.0000% | 8h | 1,165 | long leg | $789K | $569K | 20x | |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.5 | +0.045% | $1.3M | $833K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.8 | +0.066% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.5 | +0.045% | $193K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.5 | +0.040% | $210 | $179K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.6 | +0.052% | $2K | $5.8M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,164.3 | −0.063% | $5K | $41K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USD | +0.0011% | 1h | 1,165.5 | +0.046% | $1.2M | $3.7M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0019% | 1h | 1,165.1 | +0.009% | $47K | $40K | 5x | as long as short |
| BloFin LLY-USDT | +0.0026% | 8h | 1,165.4 | +0.038% | $83K | $86K | 20x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,165 | −0.003% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,165.3 | +0.026% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTMshort | +0.0100% | 8h | 1,165.5 | +0.043% | $139K | $71K | 20x | |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,178 | +1.116% | $7K | $24K | 12x | as long as short |
| Nado LLY-PERP | +0.0227% | 1h | 1,165.1 | +0.012% | $39K | $251 | 10x | as long as short |
| Phoenix LLY | +0.0274% | 1h | 1,166.4 | +0.120% | $1K | $7K | 10x | as long as short |
OKX LLY-USDT-SWAP
KuCoin LLYUSDTM
Aster LLYUSDT
Binance LLYUSDT
Bybit LLYUSDT
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
BloFin LLY-USDT
tradeXYZ xyz:LLY
Injective LLY/USDC PERP
Phoenix LLY