Funding you earn now, next payment 06:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.057%
Price spread now: Binance against QFEX+0.007%53s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.408% of the position
Funding, last 4 days (all we have)+0.111%+$11 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now +0.007%, 7d avg +0.049%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.042% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.049%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.111%, so the current rate has only just turned against you. The two prices were read 53 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 | QFEX LLY-USD | 1,166 | 0.0012 | pay 0.0002% / 1h | 57m 45s | $1.2M | $3.7M | 10x |
| Short | Binance LLYUSDT | 1,166 | 0 | get 0.0000% / 8h | 1h 57m | $2.0M | $3.2M | 20x |
QFEX LLY-USD
Binance LLYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$2.59
- Price spread: +0.007% → +0.049%
- −$4.19
- Slippage, 4 orders
- −$20.81
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.58
- Costs to cover
- 0.408%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Binance: live order book, 8 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 QFEX live order book, 6 min ago | 2.10 bp | 7.8 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.67 bp | 12.2 bp −$12 | 31.9 bp −$319 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LLY-USDT | −0.0027% | 8h | 1,166.3 | +0.027% | $83K | $86K | 20x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,166 | +0.003% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDTshort | 0.0000% | 8h | 1,166 | +0.007% | $2.0M | $3.2M | 20x | |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.8 | −0.015% | $1.3M | $402K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,165.7 | −0.021% | $790K | $569K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.7 | −0.026% | $1.3M | $809K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.9 | −0.006% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.6 | −0.031% | $193K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.6 | −0.029% | $221 | $179K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.9 | −0.004% | $2K | $5.8M | 10x | as long as short |
BloFin LLY-USDT
Aster LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
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 | 1,164.8 | −0.101% | $5K | $41K | 20x | as long as short |
| QFEX LLY-USDlong | +0.0012% | 1h | 1,166 | long leg | $1.2M | $3.7M | 10x | |
| Aftermath Perps LLYUSD | +0.0018% | 1h | 1,165.2 | −0.068% | $47K | $40K | 5x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,166.1 | +0.013% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,165.9 | −0.004% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,165.8 | −0.013% | $139K | $71K | 20x | as long as short |
| Nado LLY-PERP | +0.0124% | 1h | 1,165.8 | −0.010% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,178 | +1.033% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0274% | 1h | 1,166.7 | +0.064% | $1K | $7K | 10x | as long as short |
HTX LLY-USDT
Aftermath Perps LLYUSD
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Nado LLY-PERP
Injective LLY/USDC PERP
Phoenix LLY