Funding you earn now, next payment 03:00 UTC+0.0275%/8h= +30.1% APRpaid last 24h +0.049%
Price spread now: Phoenix against Variational Omni+0.037%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Phoenix is 0.037% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 | Variational Omni LLY | 1,163.4 | 0 | get 0.0000% / 8h | 4h 46m | $192K | $18K | — |
| Short | Phoenix LLY | 1,163.8 | 0.0275 | get 0.0034% / 1h | 46m 32s | $1K | $7K | 10x |
Variational Omni LLY
Phoenix LLYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Variational Omni. 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
- $57.73
- Price spread: +0.037% → 0.000%
- $3.68
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $54.41
- Costs to cover
- 0.070%
- Break-even
- 0.4 days
Slippage unknown: Variational Omni: RFQ quote, 12 min ago; Phoenix: no order-book sample. 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 Variational Omni RFQ quote, 12 min ago | 6.23 bp | doesn't fit | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LLYUSDT | 0.0000% | 8h | 1,163.2 | −0.017% | $23K | $3K | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,162.8 | −0.046% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,163.1 | −0.023% | $792K | $643K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,162.9 | −0.040% | $1.3M | $878K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,163.8 | +0.037% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLYlong | 0.0000% | 8h | 1,163.4 | long leg | $192K | $18K | — | |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,163.1 | −0.023% | $244 | $187K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,163.4 | +0.002% | $1K | $5.9M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,161.4 | −0.173% | $5K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0012% | 1h | 1,162.9 | −0.042% | $47K | $41K | 5x | as long as short |
Aster LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSDShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USD | +0.0035% | 1h | 1,162.9 | −0.038% | $1.2M | $4.4M | 10x | as long as short |
| Binance LLYUSDT | +0.0045% | 8h | 1,163.5 | +0.008% | $2.0M | $3.1M | 20x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,161.9 | −0.129% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,163.2 | −0.015% | $8.7M | $1.2M | 10x | as long as short |
| BloFin LLY-USDT | +0.0057% | 8h | 1,163.6 | +0.015% | $84K | $85K | 20x | as long as short |
| Nado LLY-PERP | +0.0077% | 1h | 1,163.1 | −0.023% | $39K | $251 | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.1 | −0.023% | $137K | $73K | 20x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,175.6 | +1.051% | $7K | $24K | 12x | as long as short |
| Phoenix LLYshort | +0.0275% | 1h | 1,163.8 | +0.037% | $1K | $7K | 10x |
QFEX LLY-USD
Binance LLYUSDT
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
BloFin LLY-USDT
Nado LLY-PERP
KuCoin LLYUSDTM
Injective LLY/USDC PERP