LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.3% APRnext payment +$1.95 per $10,000 · paid last 24h +0.068%

Price spread now: Binance against SunX+0.031%46s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1551.550% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.224%+$22 on $10k

Price spread, last 2 days (all we have)−0.032%−$3 · spread now +0.031%, 7d avg +0.007%

Together, before fees+0.192%+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.024% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 46 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	SunX LLY-USDT	1,162.5	0	get 0.0000% / 8h	7h 08m	$2K	$6.2M	10x
Short	Binance LLYUSDT	1,162.9	0.0195	get 0.0195% / 8h	7h 08m	$2.0M	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.031%Rate

Funding earned: $40.85
Price spread: +0.031% → +0.007%: $2.38
Slippage, 4 orders: −$137.03
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$111.8
Costs to cover: 1.550%
Break-even: 26.2 days

Slippage from SunX: live order book, 10 min ago; Binance: live order book, 12 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 SunX live order book, 10 min ago	46.88 bp	64.9 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.63 bp	12.8 bp −$13	39.0 bp −$390	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
Bybit LLYUSDT	0.0000%	8h	1,162.9	+0.037%	$1.3M	$582K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.3	+0.069%	$793K	$629K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,162.5	−0.004%	$1.3M	$903K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163	+0.041%	$2.3M	$177K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,162.8	+0.025%	$267	$196K	10x	as long as short
SunX LLY-USDTlong	0.0000%	8h	1,162.5	long leg	$2K	$6.2M	10x
HTX LLY-USDT	0.0000%	8h	1,163.3	+0.067%	$5K	$40K	20x	as long as short
QFEX LLY-USD	+0.0004%	1h	1,162.7	+0.018%	$1.2M	$4.9M	10x	as long as short
Aftermath Perps LLYUSD	+0.0011%	1h	1,161.9	−0.055%	$47K	$42K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.6	+0.010%	—	—	25x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LLYUSDT	+0.0057%	8h	1,163.3	+0.066%	$23K	$3K	20x	as long as short
Variational Omni LLY	+0.0081%	8h	1,162.8	+0.024%	$191K	$17K	—	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.1	+0.052%	$137K	$75K	20x	as long as short
tradeXYZ xyz:LLY	+0.0143%	1h	1,162.3	−0.017%	$8.6M	$1.2M	10x	as long as short
Nado LLY-PERP	+0.0192%	1h	1,163.1	+0.048%	$39K	$251	10x	as long as short
BloFin LLY-USDT	+0.0193%	8h	1,162.7	+0.019%	$84K	$85K	20x	as long as short
Binance LLYUSDTshort	+0.0195%	8h	1,162.9	+0.031%	$2.0M	$3.1M	20x
Phoenix LLY	+0.0206%	1h	1,163	+0.043%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,176.6	+1.213%	$7K	$24K	12x	as long as short