LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0337%/8h= −36.9% APRnext payment −$0.42 per $10,000 · paid last 24h −0.063%

Price spread now: QFEX against Phoenix+0.012%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 52 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	Phoenix LLY	1,166.1	0.0343	pay 0.0043% / 1h	5m 55s	$1K	$7K	10x
Short	QFEX LLY-USD	1,166.2	0.0006	get 0.0001% / 1h	5m 55s	$1.2M	$4.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Phoenix. 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 PhoenixbpFee QFEXbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$70.79
Price spread: +0.012% → 0.000%: $1.2
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$86.59
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; QFEX: live order book, 8 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 QFEX live order book, 8 min ago	152.10 bp	157.7 bp −$158	165.8 bp −$1,658	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
Aster LLYUSDT	0.0000%	8h	1,164.5	−0.134%	$24K	$3K	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.1	−0.089%	$1.3M	$673K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.7	−0.034%	$819K	$563K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.3	−0.066%	$1.3M	$912K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,165.7	−0.033%	$2.3M	$176K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.1	−0.087%	$191K	$19K	—	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.8	−0.026%	$1K	$6.6M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,164.1	−0.170%	$5K	$40K	20x	as long as short
QFEX LLY-USDshort	+0.0006%	1h	1,166.2	+0.012%	$1.2M	$4.9M	10x
Aftermath Perps LLYUSD	+0.0013%	1h	1,165.2	−0.077%	$47K	$41K	5x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest LLY-USD-PERP	+0.0046%	1h	1,166.2	+0.009%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,165.5	−0.051%	$8.6M	$1.1M	10x	as long as short
BloFin LLY-USDT	+0.0079%	8h	1,165.6	−0.046%	$84K	$84K	20x	as long as short
Binance LLYUSDT	+0.0089%	8h	1,165.7	−0.033%	$2.0M	$3.1M	20x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,164.3	−0.154%	$139K	$59K	20x	as long as short
Nado LLY-PERP	+0.0154%	1h	1,165.3	−0.065%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177	+0.935%	$10K	$21K	12x	as long as short
GRVT LLY_USDT_Perp	+0.0307%	8h	1,165.3	−0.067%	$361	$208K	10x	as long as short
Phoenix LLYlong	+0.0343%	1h	1,166.1	long leg	$1K	$7K	10x