LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.021%

Price spread now: KuCoin against Bybit+0.045%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,426as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,425as in the Price arb table

costs, in and out, $10k−$1,43214.322% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 4 days (all we have)−0.278%−$28 · spread now +0.045%, 7d avg −0.027%

Together, before fees−0.211%−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.071% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LLYUSDT	1,162.6	0	get 0.0000% / 8h	5h 24m	$1.3M	$581K	25x
Short	KuCoin LLYUSDTM	1,163.1	0.0100	get 0.0100% / 8h	5h 24m	$137K	$73K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.045%Rate

Funding earned: $21
Price spread: +0.045% → −0.027%: $7.15
Slippage, 4 orders: −$1,409.18
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,404.03
Costs to cover: 14.322%
Break-even: 475.0 days

Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 64 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 Bybit live order book, 1 min ago	5.63 bp	30.3 bp −$30	645.9 bp −$6,459	doesn't fit	doesn't fit
Sell KuCoin live order book, 64 min ago	12.91 bp	793.9 bp −$794	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 LLYUSDTlong	0.0000%	8h	1,162.6	long leg	$1.3M	$581K	25x
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.5	+0.079%	$792K	$645K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,162.9	+0.023%	$1.3M	$903K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163.4	+0.074%	$2.3M	$176K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,163.1	+0.045%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,163.6	+0.086%	$268	$189K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163.3	+0.062%	$2K	$6.0M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.4	−0.016%	$6K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0018%	1h	1,162.6	0.000%	$47K	$41K	5x	as long as short
Aster LLYUSDT	+0.0024%	8h	1,163	+0.039%	$23K	$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	+0.0043%	1h	1,163.2	+0.054%	$1.2M	$4.6M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.4	−0.017%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0054%	1h	1,162.7	+0.010%	$8.7M	$1.2M	10x	as long as short
BloFin LLY-USDT	+0.0089%	8h	1,163.5	+0.082%	$84K	$84K	20x	as long as short
Binance LLYUSDT	+0.0099%	8h	1,163.3	+0.065%	$2.0M	$3.1M	20x	as long as short
KuCoin LLYUSDTMshort	+0.0100%	8h	1,163.1	+0.045%	$137K	$73K	20x
Nado LLY-PERP	+0.0129%	1h	1,162.6	−0.002%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,175.8	+1.137%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0343%	1h	1,163.9	+0.114%	$1K	$7K	10x	as long as short