Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.034%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,321as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,337as in the Price arb table
costs, in and out, $10k−$1,33513.351% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.034%, 7d avg −0.019%
=The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX LLY-USDT | 1,166.1 | 0 | get 0.0000% / 8h | 1h 04m | $1K | $6.6M | 10x |
| Short | KuCoin LLYUSDTM | 1,165.7 | 0.0100 | get 0.0100% / 8h | 1h 04m | $139K | $56K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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
- $21
- Price spread: −0.034% → −0.019%
- −$1.5
- Slippage, 4 orders
- −$1,315.1
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,315.6
- Costs to cover
- 13.351%
- Break-even
- 445.5 days
Slippage from SunX: live order book, 4 min ago; KuCoin: live order book, 59 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, 4 min ago | 46.30 bp | 64.3 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 59 min ago | 20.61 bp | 673.6 bp −$674 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USD | −0.0006% | 1h | 1,166 | −0.006% | $1.2M | $5.1M | 10x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.9 | −0.016% | $1.3M | $636K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,166.2 | +0.009% | $819K | $564K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,166 | −0.007% | $1.3M | $910K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,166.5 | +0.034% | $2.3M | $176K | 20x | as long as short |
| SunX LLY-USDTlong | 0.0000% | 8h | 1,166.1 | long leg | $1K | $6.6M | 10x | |
| HTX LLY-USDT | 0.0000% | 8h | 1,163.4 | −0.233% | $5K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0011% | 1h | 1,166.2 | +0.009% | $47K | $41K | 5x | as long as short |
| Aster LLYUSDT | +0.0029% | 8h | 1,165.7 | −0.038% | $24K | $3K | 20x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,166.2 | +0.005% | — | — | 25x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,165.9 | −0.017% | $8.6M | $1.1M | 10x | as long as short |
| Variational Omni LLY | +0.0079% | 8h | 1,166 | −0.006% | $191K | $19K | — | as long as short |
| KuCoin LLYUSDTMshort | +0.0100% | 8h | 1,165.7 | −0.034% | $139K | $56K | 20x | |
| Nado LLY-PERP | +0.0143% | 1h | 1,166.1 | +0.003% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,178.6 | +1.072% | $10K | $21K | 12x | as long as short |
| Binance LLYUSDT | +0.0248% | 8h | 1,166.2 | +0.006% | $2.0M | $3.1M | 20x | as long as short |
| BloFin LLY-USDT | +0.0257% | 8h | 1,167 | +0.081% | $84K | $85K | 20x | as long as short |
| Phoenix LLY | +0.0274% | 1h | 1,166.3 | +0.017% | $1K | $7K | 10x | as long as short |
| GRVT LLY_USDT_Perp | +0.0447% | 8h | 1,166.3 | +0.018% | $828 | $208K | 10x | as long as short |
SunX LLY-USDT
KuCoin LLYUSDTM
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
HTX LLY-USDT
Aftermath Perps LLYUSD
Aster LLYUSDT
tradeXYZ xyz:LLY
Variational Omni LLY
Injective LLY/USDC PERP
Binance LLYUSDT
BloFin LLY-USDT
Phoenix LLY
GRVT LLY_USDT_Perp