Funding you earn now, next payment 09:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h +0.008%
Price spread now: Variational Omni against QFEX+0.031%47s7-day average −0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.055%+$6 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.031%, 7d avg −0.011%
=Together, before fees+0.034%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.042% dearer against QFEX than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.011%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days. Mind the row above: over the last 4 days funding on this pair paid +0.055%, so the current rate has only just turned against you. The two prices were read 47 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 | 1,165.6 | 0.0035 | pay 0.0004% / 1h | 45m 41s | $1.2M | $3.0M | 10x |
| Short | Variational Omni LLY | 1,165.9 | 0 | get 0.0000% / 8h | 7h 45m | $191K | $21K | — |
QFEX LLY-USD
Variational Omni LLYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$7.32
- Price spread: +0.031% → −0.011%
- $4.24
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$13.08
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 2 min ago; Variational Omni: RFQ quote, 53 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 QFEX live order book, 2 min ago | 1.12 bp | 6.1 bp −$6 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 53 min ago | 3.52 bp | doesn't fit | 65.8 bp −$658 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado LLY-PERP | −0.0215% | 1h | 1,166.6 | +0.085% | $39K | $251 | 10x | as long as short |
| tradeXYZ xyz:LLY | −0.0098% | 1h | 1,165.6 | +0.003% | $8.7M | $1.1M | 10x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,165.9 | +0.032% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,166.2 | +0.053% | $2.0M | $3.2M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,166.7 | +0.100% | $1.3M | $339K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,165.1 | −0.039% | $795K | $569K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.8 | +0.017% | $1.3M | $638K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.9 | +0.028% | $2.3M | $160K | 20x | as long as short |
| Variational Omni LLYshort | 0.0000% | 8h | 1,165.9 | +0.031% | $191K | $21K | — | |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.2 | −0.028% | $233 | $169K | 10x | as long as short |
Nado LLY-PERP
tradeXYZ xyz:LLY
Aster LLYUSDT
Binance LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
GRVT LLY_USDT_PerpShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LLY-USDT | 0.0000% | 8h | 1,166 | +0.038% | $2K | $5.6M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,164.8 | −0.066% | $6K | $42K | 20x | as long as short |
| BloFin LLY-USDT | +0.0008% | 8h | 1,165.9 | +0.032% | $84K | $86K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0021% | 1h | 1,165.9 | +0.026% | $47K | $40K | 5x | as long as short |
| QFEX LLY-USDlong | +0.0035% | 1h | 1,165.6 | long leg | $1.2M | $3.0M | 10x | |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,165.3 | −0.019% | — | — | 25x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,165.6 | +0.003% | $136K | $94K | 20x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,177.7 | +1.042% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0412% | 1h | 1,166.5 | +0.081% | $1K | $7K | 10x | as long as short |
SunX LLY-USDT
HTX LLY-USDT
BloFin LLY-USDT
Aftermath Perps LLYUSD
Vest LLY-USD-PERP
KuCoin LLYUSDTM
Injective LLY/USDC PERP
Phoenix LLY