Settings8H · net · $10k
Funding arb · Price arb /

LLY

RWAall LLY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0054%/8h= +6.0% APRnext payment +$0.07 per $10,000 · paid last 24h +0.017%
Price spread now: Phoenix against Injective−0.926%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Phoenix is 0.926% cheaper against Injective than usual: you would sell low and buy high (spread −0.926% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$93 on $10k: about 57 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LLY/USDC PERP1,177.30.0220pay 0.0028% / 1h26m 04s$7K$24K12x
ShortPhoenix LLY1,166.40.0274get 0.0034% / 1h26m 04s$1K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Injective. 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

Funding earned
$11.44
Price spread: −0.926% → 0.000%
−$92.58
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$88.16
Costs to cover
0.070%
Break-even
60.9 days
Slippage unknown: Injective: no order-book sample; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Phoenix no order-book sample
Injective and Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LLY-USDT−0.0002%8h1,166.2−0.941%$84K$86K20xas long as short
Aster LLYUSDT0.0000%8h1,165.8−0.977%$24K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,166.2−0.945%$2.0M$3.1M20xas long as short
Bybit LLYUSDT0.0000%8h1,165.9−0.967%$1.3M$398K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,165.7−0.985%$790K$568K20xas long as short
Gate LLY_USDT0.0000%8h1,165.8−0.976%$1.3M$829K25xas long as short
Bitget LLYUSDT0.0000%8h1,166.4−0.926%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,166.2−0.942%$193K$16Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,165.9−0.969%$222$180K10xas long as short
SunX LLY-USDT0.0000%8h1,166.3−0.934%$1K$5.8M10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX LLY-USDT0.0000%8h1,165.4−1.011%$6K$41K20xas long as short
QFEX LLY-USD+0.0011%1h1,166.1−0.953%$1.2M$3.8M10xas long as short
Aftermath Perps LLYUSD+0.0014%1h1,165.7−0.985%$47K$40K5xas long as short
Vest LLY-USD-PERP+0.0046%1h1,166.4−0.928%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,165.9−0.968%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,165.9−0.968%$137K$71K20xas long as short
Nado LLY-PERP+0.0200%1h1,165.7−0.986%$39K$25110xas long as short
Injective LLY/USDC PERPlong+0.0220%1h1,177.3long leg$7K$24K12x
Phoenix LLYshort+0.0274%1h1,166.4−0.926%$1K$7K10x