Funding you earn now, next payment 07:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.081%
Price spread now: Phoenix against OKX+0.129%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Phoenix is 0.129% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | OKX LLY-USDT-SWAP | 1,165.4 | 0 | get 0.0000% / 8h | 20m 44s | $795K | $571K | 20x |
| Short | Phoenix LLY | 1,166.9 | 0.0274 | get 0.0034% / 1h | 20m 44s | $1K | $7K | 10x |
OKX LLY-USDT-SWAP
Phoenix LLYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $57.62
- Price spread: +0.129% → 0.000%
- $12.87
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $53.49
- Costs to cover
- 0.170%
- Break-even
- 0.5 days
Slippage unknown: OKX: live order book, 15 min ago; Phoenix: no order-book sample. 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 OKX live order book, 15 min ago | 3.86 bp | 12.0 bp −$12 | 348.6 bp −$3,486 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LLY-USDT | −0.0020% | 8h | 1,165.6 | +0.015% | $84K | $85K | 20x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,165 | −0.039% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,165.7 | +0.021% | $2.0M | $3.1M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.3 | −0.010% | $1.3M | $346K | 25x | as long as short |
| OKX LLY-USDT-SWAPlong | 0.0000% | 8h | 1,165.4 | long leg | $795K | $571K | 20x | |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.7 | +0.022% | $1.3M | $757K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,166.2 | +0.070% | $2.3M | $167K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.6 | +0.018% | $193K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.4 | 0.000% | $210 | $172K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.7 | +0.026% | $2K | $5.6M | 10x | as long as short |
BloFin LLY-USDT
Aster LLYUSDT
Binance LLYUSDT
Bybit LLYUSDT
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LLY-USDT | 0.0000% | 8h | 1,163.3 | −0.182% | $5K | $42K | 20x | as long as short |
| QFEX LLY-USD | +0.0022% | 1h | 1,165.1 | −0.029% | $1.2M | $3.2M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0022% | 1h | 1,165.7 | +0.029% | $47K | $40K | 5x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,164.8 | −0.051% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0059% | 1h | 1,165.5 | +0.009% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,165 | −0.034% | $136K | $70K | 20x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,177.7 | +1.055% | $7K | $24K | 12x | as long as short |
| Nado LLY-PERP | +0.0235% | 1h | 1,165.2 | −0.017% | $39K | $251 | 10x | as long as short |
| Phoenix LLYshort | +0.0274% | 1h | 1,166.9 | +0.129% | $1K | $7K | 10x |
HTX LLY-USDT
QFEX LLY-USD
Aftermath Perps LLYUSD
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Injective LLY/USDC PERP
Nado LLY-PERP