LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.3% APRnext payment −$1.40 per $10,000 · paid last 24h −0.068%

Price spread now: OKX against Binance−0.056%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$700.697% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.208%−$21 on $10k

Price spread, last 2 days (all we have)+0.054%+$5 · spread now −0.056%, 7d avg −0.021%

Together, before fees−0.154%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.035% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LLYUSDT	1,164.6	0.0140	pay 0.0140% / 8h	6h 34m	$2.0M	$3.1M	20x
Short	OKX LLY-USDT-SWAP	1,163.9	0	get 0.0000% / 8h	6h 34m	$792K	$644K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now −0.056%Rate

Funding earned: −$29.38
Price spread: −0.056% → −0.021%: −$3.5
Slippage, 4 orders: −$49.67
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$102.55
Costs to cover: 0.697%
Break-even: never at this rate

Slippage from Binance: live order book, 16 min ago; OKX: live order book, 32 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 Binance live order book, 16 min ago	1.72 bp	12.0 bp −$12	32.6 bp −$326	doesn't fit	doesn't fit
Sell OKX live order book, 32 min ago	3.44 bp	31.4 bp −$31	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	1,163.8	−0.069%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAPshort	0.0000%	8h	1,163.9	−0.056%	$792K	$644K	20x
Gate LLY_USDT	0.0000%	8h	1,164.2	−0.027%	$1.3M	$901K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164	−0.048%	$2.3M	$173K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,163.9	−0.053%	$221	$193K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,164.5	−0.004%	$2K	$6.1M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.5	−0.173%	$6K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0005%	1h	1,162.9	−0.138%	$47K	$41K	5x	as long as short
Variational Omni LLY	+0.0020%	8h	1,164.5	−0.008%	$192K	$18K	—	as long as short
Aster LLYUSDT	+0.0021%	8h	1,163.9	−0.052%	$24K	$3K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX LLY-USD	+0.0026%	1h	1,164.5	−0.002%	$1.2M	$4.8M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,163.4	−0.100%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,164	−0.047%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.8	−0.064%	$137K	$75K	20x	as long as short
BloFin LLY-USDT	+0.0129%	8h	1,162.8	−0.153%	$84K	$85K	20x	as long as short
Binance LLYUSDTlong	+0.0140%	8h	1,164.6	long leg	$2.0M	$3.1M	20x
Injective LLY/USDC PERP	+0.0220%	1h	1,176	+0.983%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0268%	1h	1,163.6	−0.083%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0275%	1h	1,164.6	+0.004%	$1K	$7K	10x	as long as short