Funding you earn now, next payment 03:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: OKX against Injective−0.987%68s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.987% cheaper against Injective than usual: you would sell low and buy high (−$99 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 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 | Injective LLY/USDC PERP | 1,175.6 | 0.0220 | pay 0.0028% / 1h | 48m 12s | $7K | $24K | 12x |
| Short | OKX LLY-USDT-SWAP | 1,164 | 0 | get 0.0000% / 8h | 5h 48m | $792K | $645K | 20x |
Injective LLY/USDC PERP
OKX LLY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Injective. 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: −0.987% → 0.000%
- −$98.67
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$154.89
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; OKX: live order book, 13 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 13 min ago | 3.87 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
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 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 | 1,163.4 | −1.036% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAPshort | 0.0000% | 8h | 1,164 | −0.987% | $792K | $645K | 20x | |
| Gate LLY_USDT | 0.0000% | 8h | 1,163.3 | −1.050% | $1.3M | $902K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,164 | −0.984% | $2.3M | $176K | 20x | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,164 | −0.984% | $221 | $188K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,163.6 | −1.021% | $2K | $6.0M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.3 | −1.128% | $5K | $40K | 20x | as long as short |
| Variational Omni LLY | +0.0016% | 8h | 1,163.5 | −1.032% | $192K | $18K | — | as long as short |
| Aftermath Perps LLYUSD | +0.0021% | 1h | 1,163 | −1.074% | $47K | $41K | 5x | as long as short |
| QFEX LLY-USD | +0.0043% | 1h | 1,163.6 | −1.021% | $1.2M | $4.7M | 10x | as long as short |
Bybit LLYUSDT
Gate LLY_USDT
Bitget LLYUSDT
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Variational Omni LLY
Aftermath Perps LLYUSD
QFEX LLY-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.8 | −1.091% | — | — | 25x | as long as short |
| Aster LLYUSDT | +0.0052% | 8h | 1,163.6 | −1.024% | $24K | $3K | 20x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.6 | −1.021% | $137K | $76K | 20x | as long as short |
| tradeXYZ xyz:LLY | +0.0101% | 1h | 1,163.3 | −1.046% | $8.7M | $1.2M | 10x | as long as short |
| Binance LLYUSDT | +0.0143% | 8h | 1,164.1 | −0.976% | $2.0M | $3.1M | 20x | as long as short |
| Nado LLY-PERP | +0.0148% | 1h | 1,163.3 | −1.045% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERPlong | +0.0220% | 1h | 1,175.6 | long leg | $7K | $24K | 12x | |
| Phoenix LLY | +0.0343% | 1h | 1,164.6 | −0.936% | $1K | $7K | 10x | as long as short |
Vest LLY-USD-PERP
Aster LLYUSDT
KuCoin LLYUSDTM
tradeXYZ xyz:LLY
Binance LLYUSDT
Nado LLY-PERP
Phoenix LLY