Funding you earn now, next payment 03:00 UTC−0.0186%/8h= −20.4% APRpaid last 24h +0.055%
Price spread now: GRVT against tradeXYZ+0.009%7-day average +0.053% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.218%+$22 · spread now +0.009%, 7d avg +0.053%
=Together, before fees+0.197%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and GRVT is 0.044% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.022% in total (about -1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LLY | 1,163.9 | 0.0186 | pay 0.0023% / 1h | 51m 30s | $8.7M | $1.2M | 10x |
| Short | GRVT LLY_USDT_Perp | 1,164 | 0 | get 0.0000% / 8h | 5h 51m | $210 | $190K | 10x |
tradeXYZ xyz:LLY
GRVT LLY_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$39.03
- Price spread: +0.009% → +0.053%
- −$4.35
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$70.38
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 7 min ago; GRVT: live order book, 7 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 tradeXYZ live order book, 7 min ago | 1.72 bp | 11.5 bp −$11 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 7 min ago | 2.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LLY on 18 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 | 1,163.2 | −0.064% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,163.6 | −0.026% | $792K | $645K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,163.7 | −0.020% | $1.3M | $901K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,163.9 | +0.002% | $2.3M | $176K | 20x | as long as short |
| GRVT LLY_USDT_Perpshort | 0.0000% | 8h | 1,164 | +0.009% | $210 | $190K | 10x | |
| SunX LLY-USDT | 0.0000% | 8h | 1,164.1 | +0.017% | $1K | $6.0M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.3 | −0.141% | $5K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0022% | 1h | 1,163.3 | −0.055% | $47K | $41K | 5x | as long as short |
| Variational Omni LLY | +0.0024% | 8h | 1,164.1 | +0.016% | $192K | $18K | — | as long as short |
| QFEX LLY-USD | +0.0043% | 1h | 1,163.5 | −0.036% | $1.2M | $4.7M | 10x | as long as short |
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
Variational Omni LLY
QFEX LLY-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.7 | −0.107% | — | — | 25x | as long as short |
| Aster LLYUSDT | +0.0059% | 8h | 1,163.7 | −0.017% | $24K | $3K | 20x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.5 | −0.034% | $137K | $76K | 20x | as long as short |
| Binance LLYUSDT | +0.0149% | 8h | 1,163.5 | −0.031% | $2.0M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:LLYlong | +0.0186% | 1h | 1,163.9 | long leg | $8.7M | $1.2M | 10x | |
| Nado LLY-PERP | +0.0186% | 1h | 1,163.3 | −0.051% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,175.6 | +1.005% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0343% | 1h | 1,164.6 | +0.060% | $1K | $7K | 10x | as long as short |
Vest LLY-USD-PERP
Aster LLYUSDT
KuCoin LLYUSDTM
Binance LLYUSDT
Nado LLY-PERP
Injective LLY/USDC PERP
Phoenix LLY