Funding you earn now, next payment 01:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: Injective against Bitget+1.002%91s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 1.002% dearer against Bitget than usual: you sell high and buy low: +$100 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 91 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 | Bitget LLYUSDT | 1,166.6 | 0 | get 0.0000% / 8h | 7h 51m | $2.3M | $178K | 20x |
| Short | Injective LLY/USDC PERP | 1,178.3 | 0.0220 | get 0.0028% / 1h | 51m 41s | $10K | $21K | 12x |
Bitget LLYUSDT
Injective LLY/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- $46.2
- Price spread: +1.002% → 0.000%
- $100.2
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $134.38
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 6 min ago; Injective: 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 Bitget live order book, 6 min ago | 5.83 bp | 15.2 bp −$15 | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT LLY_USDT_Perp | −0.0061% | 8h | 1,165.8 | −0.068% | $256 | $201K | 10x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,166.1 | −0.044% | $1.3M | $625K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,166.3 | −0.027% | $818K | $576K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,166.4 | −0.015% | $1.3M | $895K | 25x | as long as short |
| Bitget LLYUSDTlong | 0.0000% | 8h | 1,166.6 | long leg | $2.3M | $178K | 20x | |
| SunX LLY-USDT | 0.0000% | 8h | 1,167 | +0.033% | $1K | $6.4M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,165.4 | −0.100% | $5K | $41K | 20x | as long as short |
| QFEX LLY-USD | +0.0004% | 1h | 1,166.2 | −0.032% | $1.2M | $5.2M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0007% | 1h | 1,166.2 | −0.037% | $47K | $42K | 5x | as long as short |
| Nado LLY-PERP | +0.0045% | 1h | 1,166.1 | −0.040% | $39K | $251 | 10x | as long as short |
GRVT LLY_USDT_Perp
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
SunX LLY-USDT
HTX LLY-USDT
QFEX LLY-USD
Aftermath Perps LLYUSD
Nado LLY-PERPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,166 | −0.049% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,165.8 | −0.069% | $8.6M | $1.1M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,166.1 | −0.044% | $138K | $78K | 20x | as long as short |
| Aster LLYUSDT | +0.0152% | 8h | 1,166.7 | +0.011% | $24K | $3K | 20x | as long as short |
| Variational Omni LLY | +0.0179% | 8h | 1,165.5 | −0.092% | $191K | $17K | — | as long as short |
| Phoenix LLY | +0.0206% | 1h | 1,165.9 | −0.061% | $1K | $7K | 10x | as long as short |
| Injective LLY/USDC PERPshort | +0.0220% | 1h | 1,178.3 | +1.002% | $10K | $21K | 12x | |
| BloFin LLY-USDT | +0.0304% | 8h | 1,166.1 | −0.047% | $84K | $84K | 20x | as long as short |
| Binance LLYUSDT | +0.0319% | 8h | 1,166.5 | −0.010% | $2.0M | $3.1M | 20x | as long as short |
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Aster LLYUSDT
Variational Omni LLY
Phoenix LLY
BloFin LLY-USDT
Binance LLYUSDT