Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.031%
Price spread now: Gate against tradeXYZ+0.054%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days−0.292%−$29 on $10k
+Price spread, last 7 days−0.125%−$13 · spread now +0.054%, 7d avg −0.024%
=Together, before fees−0.417%+ Points / potential airdroptradeXYZ: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.078% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.024%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days. At the pace of the last 7 days (−0.292% in total) that is about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LLY | 1,163 | 0.0050 | pay 0.0006% / 1h | 39m 24s | $8.6M | $1.2M | 10x |
| Short | Gate LLY_USDT | 1,163.6 | 0 | get 0.0000% / 8h | 6h 39m | $1.3M | $900K | 25x |
tradeXYZ xyz:LLY
Gate LLY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against tradeXYZ. 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
- −$10.5
- Price spread: +0.054% → −0.024%
- $7.79
- Slippage, 4 orders
- −$30.79
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$66.49
- Costs to cover
- 0.638%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Gate: live order book, 3 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 tradeXYZ live order book, 9 min ago | 0.43 bp | 14.9 bp −$15 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 9.55 bp | 17.6 bp −$18 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LLYUSDT | 0.0000% | 8h | 1,163.5 | +0.046% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,164 | +0.086% | $793K | $641K | 20x | as long as short |
| Gate LLY_USDTshort | 0.0000% | 8h | 1,163.6 | +0.054% | $1.3M | $900K | 25x | |
| Bitget LLYUSDT | 0.0000% | 8h | 1,164 | +0.084% | $2.3M | $173K | 20x | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,163 | −0.001% | $221 | $193K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,164.1 | +0.095% | $1K | $6.1M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,163.6 | +0.049% | $5K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0005% | 1h | 1,162.8 | −0.019% | $47K | $41K | 5x | as long as short |
| Aster LLYUSDT | +0.0015% | 8h | 1,163.6 | +0.048% | $24K | $3K | 20x | as long as short |
| Variational Omni LLY | +0.0024% | 8h | 1,162.8 | −0.013% | $191K | $17K | — | as long as short |
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Bitget LLYUSDT
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
Aster LLYUSDT
Variational Omni LLYShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USD | +0.0026% | 1h | 1,163.7 | +0.057% | $1.2M | $4.8M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.7 | −0.028% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLYlong | +0.0050% | 1h | 1,163 | long leg | $8.6M | $1.2M | 10x | |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.6 | +0.052% | $137K | $75K | 20x | as long as short |
| BloFin LLY-USDT | +0.0129% | 8h | 1,162.8 | −0.020% | $84K | $85K | 20x | as long as short |
| Binance LLYUSDT | +0.0136% | 8h | 1,164.4 | +0.117% | $2.0M | $3.1M | 20x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,176 | +1.118% | $7K | $24K | 12x | as long as short |
| Nado LLY-PERP | +0.0274% | 1h | 1,163 | −0.003% | $39K | $251 | 10x | as long as short |
| Phoenix LLY | +0.0275% | 1h | 1,163.3 | +0.026% | $1K | $7K | 10x | as long as short |
QFEX LLY-USD
Vest LLY-USD-PERP
KuCoin LLYUSDTM
BloFin LLY-USDT
Binance LLYUSDT
Injective LLY/USDC PERP
Nado LLY-PERP
Phoenix LLY