Funding you earn now, next payment 01:00 UTC−0.0229%/8h= −25.1% APRnext payment −$0.29 per $10,000 · paid last 24h −0.070%
Price spread now: Vest against Phoenix−0.046%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$7 a day on $10k at the current rate, and Vest is 0.046% cheaper against Phoenix than usual: you would sell low and buy high (−$5 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 | 1,163.7 | 0.0275 | pay 0.0034% / 1h | 54m 57s | $1K | $7K | 10x |
| Short | Vest LLY-USD-PERP | 1,163.2 | 0.0046 | get 0.0006% / 1h | 54m 57s | — | — | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$48.17
- Price spread: −0.046% → 0.000%
- −$4.64
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$61.81
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Vest: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Phoenix and Vest: 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 18 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 | 1,162.9 | −0.066% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,163.9 | +0.017% | $792K | $645K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,163.6 | −0.008% | $1.3M | $901K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,164 | +0.028% | $2.3M | $176K | 20x | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,164 | +0.025% | $210 | $190K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,164.2 | +0.043% | $2K | $6.0M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,161.5 | −0.190% | $6K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0022% | 1h | 1,163.1 | −0.053% | $47K | $41K | 5x | as long as short |
| Variational Omni LLY | +0.0024% | 8h | 1,164.1 | +0.033% | $192K | $18K | — | as long as short |
| QFEX LLY-USD | +0.0043% | 1h | 1,164.3 | +0.053% | $1.2M | $4.7M | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LLY-USD-PERPshort | +0.0046% | 1h | 1,163.2 | −0.046% | — | — | 25x | |
| Aster LLYUSDT | +0.0062% | 8h | 1,163.4 | −0.022% | $24K | $3K | 20x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.4 | −0.026% | $137K | $76K | 20x | as long as short |
| Binance LLYUSDT | +0.0156% | 8h | 1,164.1 | +0.036% | $2.0M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:LLY | +0.0214% | 1h | 1,164 | +0.026% | $8.7M | $1.2M | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,175.6 | +1.023% | $7K | $24K | 12x | as long as short |
| Nado LLY-PERP | +0.0225% | 1h | 1,163.3 | −0.036% | $39K | $251 | 10x | as long as short |
| Phoenix LLYlong | +0.0275% | 1h | 1,163.7 | long leg | $1K | $7K | 10x |
Phoenix LLY
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
Variational Omni LLY
Aster LLYUSDT
KuCoin LLYUSDTM
Binance LLYUSDT
tradeXYZ xyz:LLY
Injective LLY/USDC PERP