Funding you earn now, next payment 00:00 UTC−0.0206%/8h= −22.5% APRpaid last 24h −0.039%
Price spread now: GRVT against Phoenix−0.072%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and GRVT is 0.072% cheaper against Phoenix than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix LLY | 1,165.5 | 0.0206 | pay 0.0026% / 1h | 36m 51s | $1K | $7K | 10x |
| Short | GRVT LLY_USDT_Perp | 1,164.7 | 0 | get 0.0000% / 8h | 7h 36m | $233 | $199K | 10x |
Phoenix LLY
GRVT LLY_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Phoenix. 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
- −$43.2
- Price spread: −0.072% → 0.000%
- −$7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$66.4
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; GRVT: live order book, 31 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 31 min ago | 1.29 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LLYUSDT | 0.0000% | 8h | 1,164.6 | −0.077% | $1.3M | $576K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,162.6 | −0.249% | $813K | $577K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,164 | −0.132% | $1.3M | $897K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.1 | −0.033% | $2.3M | $178K | 20x | as long as short |
| GRVT LLY_USDT_Perpshort | 0.0000% | 8h | 1,164.7 | −0.072% | $233 | $199K | 10x | |
| SunX LLY-USDT | 0.0000% | 8h | 1,164.2 | −0.112% | $2K | $6.3M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.4 | −0.268% | $5K | $41K | 20x | as long as short |
| QFEX LLY-USD | +0.0004% | 1h | 1,164.1 | −0.120% | $1.2M | $5.2M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0010% | 1h | 1,164.7 | −0.072% | $47K | $42K | 5x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,164.2 | −0.113% | — | — | 25x | as long as short |
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
SunX LLY-USDT
HTX LLY-USDT
QFEX LLY-USD
Aftermath Perps LLYUSD
Vest LLY-USD-PERPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,164.3 | −0.103% | $8.6M | $1.1M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,164.9 | −0.051% | $138K | $75K | 20x | as long as short |
| Nado LLY-PERP | +0.0115% | 1h | 1,164.6 | −0.073% | $39K | $251 | 10x | as long as short |
| Aster LLYUSDT | +0.0120% | 8h | 1,165.1 | −0.031% | $24K | $3K | 20x | as long as short |
| Variational Omni LLY | +0.0149% | 8h | 1,164.6 | −0.074% | $191K | $17K | — | as long as short |
| Phoenix LLYlong | +0.0206% | 1h | 1,165.5 | long leg | $1K | $7K | 10x | |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,177.4 | +1.021% | $10K | $21K | 12x | as long as short |
| BloFin LLY-USDT | +0.0264% | 8h | 1,164.2 | −0.113% | $84K | $85K | 20x | as long as short |
| Binance LLYUSDT | +0.0278% | 8h | 1,164.5 | −0.083% | $2.0M | $3.1M | 20x | as long as short |
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Nado LLY-PERP
Aster LLYUSDT
Variational Omni LLY
Injective LLY/USDC PERP
BloFin LLY-USDT
Binance LLYUSDT