Funding you earn now, next payment 08:00 UTC+0.0151%/8h= +16.5% APRnext payment +$1.51 per $10,000 · paid last 24h +0.068%
Price spread now: Binance against Gate+0.027%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 2 days (all we have)+0.055%+$5 · spread now +0.027%, 7d avg +0.062%
=Funding pays, the price is against you. Binance is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.062%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LLY_USDT | 1,163.8 | 0 | get 0.0000% / 8h | 6h 18m | $1.3M | $905K | 25x |
| Short | Binance LLYUSDT | 1,164.1 | 0.0151 | get 0.0151% / 8h | 6h 18m | $2.0M | $3.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $31.72
- Price spread: +0.027% → +0.062%
- −$3.49
- Slippage, 4 orders
- −$31.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.99
- Costs to cover
- 0.562%
- Break-even
- 13.2 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 2 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 Gate live order book, 4 min ago | 10.57 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.90 bp | 7.2 bp −$7 | 31.2 bp −$312 | doesn't fit | doesn't fit |
LLY on 18 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 | 1,163.2 | −0.050% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,163.3 | −0.042% | $792K | $644K | 20x | as long as short |
| Gate LLY_USDTlong | 0.0000% | 8h | 1,163.8 | long leg | $1.3M | $905K | 25x | |
| Bitget LLYUSDT | 0.0000% | 8h | 1,164.1 | +0.027% | $2.3M | $173K | 20x | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,164.7 | +0.075% | $245 | $191K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,164.2 | +0.035% | $2K | $6.1M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.5 | −0.113% | $5K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0013% | 1h | 1,163.2 | −0.048% | $47K | $41K | 5x | as long as short |
| Variational Omni LLY | +0.0014% | 8h | 1,163.9 | +0.009% | $192K | $18K | — | as long as short |
| QFEX LLY-USD | +0.0026% | 1h | 1,164 | +0.015% | $1.2M | $4.7M | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster LLYUSDT | +0.0042% | 8h | 1,164 | +0.015% | $24K | $3K | 20x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.4 | −0.116% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0088% | 1h | 1,163.3 | −0.042% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.3 | −0.042% | $137K | $75K | 20x | as long as short |
| Binance LLYUSDTshort | +0.0151% | 8h | 1,164.1 | +0.027% | $2.0M | $3.1M | 20x | |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,176.1 | +1.058% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0275% | 1h | 1,163.6 | −0.016% | $1K | $7K | 10x | as long as short |
| Nado LLY-PERP | +0.0283% | 1h | 1,162.8 | −0.087% | $39K | $251 | 10x | as long as short |
Gate LLY_USDT
Binance LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Bitget LLYUSDT
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
Variational Omni LLY
Aster LLYUSDT
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Injective LLY/USDC PERP
Phoenix LLY