LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −11.0% APRnext payment −$0.13 per $10,000 · paid last 24h −0.018%

Price spread now: QFEX against tradeXYZ−0.018%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$490.492% of the position

Long on tradeXYZ Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.035%−$3 on $10k

Price spread, last 7 days0.000%$0 · spread now −0.018%, 7d avg +0.020%

Together, before fees−0.035%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and QFEX is 0.038% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.020%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:LLY	1,163.2	0.0104	pay 0.0013% / 1h	21m 27s	$8.6M	$1.1M	10x
Short	QFEX LLY-USD	1,163	0.0004	get 0.0000% / 1h	21m 27s	$1.2M	$5.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against tradeXYZ. 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 tradeXYZbpFee QFEXbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$21.03
Price spread: −0.018% → +0.020%: −$3.82
Slippage, 4 orders: −$21.21
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$74.05
Costs to cover: 0.492%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 7 min ago; QFEX: live order book, 7 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, 7 min ago	0.43 bp	13.2 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 7 min ago	1.76 bp	7.1 bp −$7	13.1 bp −$131	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	1,162.6	−0.056%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163	−0.017%	$813K	$577K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,162.8	−0.035%	$1.3M	$899K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164	+0.069%	$2.3M	$173K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,162.9	−0.024%	$221	$196K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163	−0.017%	$1K	$6.2M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,161.3	−0.162%	$6K	$40K	20x	as long as short
QFEX LLY-USDshort	+0.0004%	1h	1,163	−0.018%	$1.2M	$5.1M	10x
Aftermath Perps LLYUSD	+0.0010%	1h	1,162.9	−0.026%	$47K	$42K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.2	−0.085%	—	—	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	+0.0080%	8h	1,162.9	−0.022%	$23K	$3K	20x	as long as short
Variational Omni LLY	+0.0100%	8h	1,162.9	−0.026%	$191K	$17K	—	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,162.9	−0.026%	$137K	$75K	20x	as long as short
tradeXYZ xyz:LLYlong	+0.0104%	1h	1,163.2	long leg	$8.6M	$1.1M	10x
Nado LLY-PERP	+0.0133%	1h	1,162	−0.102%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0206%	1h	1,163.2	0.000%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,176.6	+1.152%	$7K	$24K	12x	as long as short
Binance LLYUSDT	+0.0230%	8h	1,163.3	+0.007%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDT	+0.0252%	8h	1,163.1	−0.006%	$84K	$85K	20x	as long as short