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 +0.030%

Price spread now: KuCoin against Gate+0.005%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$711as in the Funding arb table

Net, price: spread back to 7d avg − costs−$730as in the Price arb table

costs, in and out, $10k−$7267.256% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.148%+$15 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.005%, 7d avg +0.050%

Together, before fees+0.190%+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.045% cheaper against Gate than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.050%). If the spread goes back, that is −$5 on $10k: about 36 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LLY_USDT	1,165.6	0	get 0.0000% / 8h	7h 45m	$1.3M	$896K	25x
Short	KuCoin LLYUSDTM	1,165.7	0.0100	get 0.0100% / 8h	7h 45m	$138K	$77K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.005%Rate

Funding earned: $21
Price spread: +0.005% → +0.050%: −$4.51
Slippage, 4 orders: −$698.59
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$709.1
Costs to cover: 7.256%
Break-even: 243.4 days

Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 69 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, 2 min ago	8.37 bp	21.0 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 69 min ago	19.32 bp	195.9 bp −$196	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	1,165.7	+0.006%	$1.3M	$625K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,166.3	+0.057%	$818K	$575K	20x	as long as short
Gate LLY_USDTlong	0.0000%	8h	1,165.6	long leg	$1.3M	$896K	25x
Bitget LLYUSDT	0.0000%	8h	1,166.3	+0.057%	$2.3M	$178K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.9	+0.021%	$256	$201K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.6	−0.003%	$1K	$6.4M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.8	−0.246%	$5K	$41K	20x	as long as short
QFEX LLY-USD	+0.0004%	1h	1,165.8	+0.012%	$1.2M	$5.2M	10x	as long as short
Aftermath Perps LLYUSD	+0.0009%	1h	1,165.4	−0.020%	$47K	$42K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166	+0.033%	—	—	25x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:LLY	+0.0050%	1h	1,165.4	−0.021%	$8.6M	$1.1M	10x	as long as short
KuCoin LLYUSDTMshort	+0.0100%	8h	1,165.7	+0.005%	$138K	$77K	20x
Nado LLY-PERP	+0.0133%	1h	1,165.1	−0.046%	$39K	$251	10x	as long as short
Aster LLYUSDT	+0.0142%	8h	1,165.9	+0.023%	$24K	$3K	20x	as long as short
Variational Omni LLY	+0.0159%	8h	1,165.6	−0.005%	$191K	$17K	—	as long as short
Phoenix LLY	+0.0206%	1h	1,165.6	−0.003%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,178.3	+1.086%	$10K	$21K	12x	as long as short
Binance LLYUSDT	+0.0303%	8h	1,165.8	+0.016%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDT	+0.0307%	8h	1,165.8	+0.010%	$84K	$85K	20x	as long as short