Funding you earn now, next payment 00:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.047%
Price spread now: Phoenix against Aster+0.020%75s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.020% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 75 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 | Aster LLYUSDT | 1,163 | 0.0045 | pay 0.0045% / 8h | 7h 02m | $23K | $3K | 20x |
| Short | Phoenix LLY | 1,163.2 | 0.0206 | get 0.0026% / 1h | 2m 04s | $1K | $7K | 10x |
Aster LLYUSDT
Phoenix LLYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- $33.8
- Price spread: +0.020% → 0.000%
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $20.8
- Costs to cover
- 0.150%
- Break-even
- 2.7 days
Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Aster and 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LLYUSDT | 0.0000% | 8h | 1,163 | −0.001% | $1.3M | $582K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,163.6 | +0.054% | $793K | $630K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,163.1 | +0.007% | $1.3M | $905K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,164.1 | +0.097% | $2.3M | $177K | 20x | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,162.9 | −0.009% | $221 | $194K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,163 | +0.003% | $2K | $6.2M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,161 | −0.168% | $6K | $40K | 20x | as long as short |
| QFEX LLY-USD | +0.0004% | 1h | 1,162.6 | −0.030% | $1.2M | $4.9M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0009% | 1h | 1,162.5 | −0.041% | $47K | $42K | 5x | as long as short |
| Aster LLYUSDTlong | +0.0045% | 8h | 1,163 | long leg | $23K | $3K | 20x |
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
QFEX LLY-USD
Aftermath Perps LLYUSDShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.1 | −0.074% | — | — | 25x | as long as short |
| Variational Omni LLY | +0.0071% | 8h | 1,162.9 | −0.006% | $191K | $17K | — | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163 | +0.003% | $137K | $75K | 20x | as long as short |
| tradeXYZ xyz:LLY | +0.0151% | 1h | 1,162.4 | −0.049% | $8.6M | $1.2M | 10x | as long as short |
| Binance LLYUSDT | +0.0181% | 8h | 1,163 | +0.006% | $2.0M | $3.1M | 20x | as long as short |
| BloFin LLY-USDT | +0.0183% | 8h | 1,163 | +0.006% | $84K | $85K | 20x | as long as short |
| Nado LLY-PERP | +0.0190% | 1h | 1,163 | 0.000% | $39K | $251 | 10x | as long as short |
| Phoenix LLYshort | +0.0206% | 1h | 1,163.2 | +0.020% | $1K | $7K | 10x | |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,176.6 | +1.172% | $7K | $24K | 12x | as long as short |
Vest LLY-USD-PERP
Variational Omni LLY
KuCoin LLYUSDTM
tradeXYZ xyz:LLY
Binance LLYUSDT
BloFin LLY-USDT
Nado LLY-PERP
Injective LLY/USDC PERP