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 01:00 UTC−0.0216%/8h= −23.7% APRnext payment $0.27 per $10,000 · paid last 24h −0.054%
Price spread now: QFEX against Injective−1.056%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and QFEX is 1.056% cheaper against Injective than usual: you would sell low and buy high (−$106 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LLY/USDC PERP1,178.30.0220pay 0.0028% / 1h47m 51s$10K$21K12x
ShortQFEX LLY-USD1,165.90.0004get 0.0000% / 1h47m 51s$1.2M$5.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$45.46
Price spread: −1.056% → 0.000%
−$105.58
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$161.06
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 6 min ago. 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 QFEX live order book, 6 min ago2.10 bp8.2 bp −$814.0 bp −$140doesn't fitdoesn'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 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
Bybit LLYUSDT0.0000%8h1,165.5−1.087%$1.3M$625K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,166.3−1.018%$818K$575K20xas long as short
Gate LLY_USDT0.0000%8h1,165.8−1.064%$1.3M$896K25xas long as short
Bitget LLYUSDT0.0000%8h1,166.3−1.018%$2.3M$178K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,166−1.043%$257$201K10xas long as short
SunX LLY-USDT0.0000%8h1,165.6−1.078%$1K$6.4M10xas long as short
HTX LLY-USDT0.0000%8h1,163.8−1.235%$5K$41K20xas long as short
QFEX LLY-USDshort+0.0004%1h1,165.9−1.056%$1.2M$5.2M10x
Aftermath Perps LLYUSD+0.0008%1h1,165.5−1.088%$47K$42K5xas long as short
Vest LLY-USD-PERP+0.0046%1h1,166−1.042%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:LLY+0.0050%1h1,165.4−1.095%$8.6M$1.1M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,165.5−1.086%$138K$77K20xas long as short
Nado LLY-PERP+0.0113%1h1,165.1−1.120%$39K$25110xas long as short
Aster LLYUSDT+0.0146%8h1,165.8−1.057%$24K$3K20xas long as short
Variational Omni LLY+0.0169%8h1,166.1−1.038%$191K$17Kas long as short
Phoenix LLY+0.0206%1h1,166.3−1.018%$1K$7K10xas long as short
Injective LLY/USDC PERPlong+0.0220%1h1,178.3long leg$10K$21K12x
BloFin LLY-USDT+0.0298%8h1,165.8−1.064%$84K$85K20xas long as short
Binance LLYUSDT+0.0311%8h1,165.8−1.063%$2.0M$3.1M20xas long as short