Settings8H · net · $10k
Funding arb · Price arb /

LLY

RWAall LLY markets
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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: Phoenix against QFEX−0.012%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LLY-USD1,166.20.0006pay 0.0001% / 1h5m 49s$1.2M$4.9M10x
ShortPhoenix LLY1,166.10.0343get 0.0043% / 1h5m 49s$1K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against QFEX. 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

Funding earned
$70.79
Price spread: −0.012% → 0.000%
−$1.2
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$52.59
Costs to cover
0.170%
Break-even
1.8 days
Slippage unknown: QFEX: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 8 min ago152.10 bp157.4 bp −$157165.3 bp −$1,653doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LLYUSDT0.0000%8h1,164.5−0.146%$24K$3K20xas long as short
Bybit LLYUSDT0.0000%8h1,165.1−0.101%$1.3M$673K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,165.7−0.046%$819K$563K20xas long as short
Gate LLY_USDT0.0000%8h1,165.3−0.078%$1.3M$912K25xas long as short
Bitget LLYUSDT0.0000%8h1,165.7−0.045%$2.3M$176K20xas long as short
Variational Omni LLY0.0000%8h1,165.1−0.099%$191K$19Kas long as short
SunX LLY-USDT0.0000%8h1,165.8−0.038%$1K$6.6M10xas long as short
HTX LLY-USDT0.0000%8h1,164.1−0.182%$5K$40K20xas long as short
QFEX LLY-USDlong+0.0006%1h1,166.2long leg$1.2M$4.9M10x
Aftermath Perps LLYUSD+0.0013%1h1,165.2−0.089%$47K$41K5xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LLY-USD-PERP+0.0046%1h1,166.2−0.003%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,165.5−0.063%$8.6M$1.1M10xas long as short
BloFin LLY-USDT+0.0079%8h1,165.6−0.058%$84K$84K20xas long as short
Binance LLYUSDT+0.0089%8h1,165.7−0.045%$2.0M$3.1M20xas long as short
KuCoin LLYUSDTM+0.0100%8h1,164.3−0.166%$139K$59K20xas long as short
Nado LLY-PERP+0.0154%1h1,165.3−0.077%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177+0.923%$10K$21K12xas long as short
GRVT LLY_USDT_Perp+0.0307%8h1,165.3−0.079%$361$208K10xas long as short
Phoenix LLYshort+0.0343%1h1,166.1−0.012%$1K$7K10x