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: Bitget against KuCoin+0.037%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,430as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,416as in the Price arb table
costs, in and out, $10k−$1,41514.150% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.037%, 7d avg +0.051%
=The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LLYUSDTM | 1,163.6 | 0.0100 | pay 0.0100% / 8h | 5h 48m | $137K | $76K | 20x |
| Short | Bitget LLYUSDT | 1,164 | 0 | get 0.0000% / 8h | 5h 48m | $2.3M | $176K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$21
- Price spread: +0.037% → +0.051%
- −$1.44
- Slippage, 4 orders
- −$1,390.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,437.43
- Costs to cover
- 14.150%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 41 min ago; Bitget: live order book, 4 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 KuCoin live order book, 41 min ago | 12.91 bp | 590.2 bp −$590 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.50 bp | 17.9 bp −$18 | 53.8 bp −$538 | 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 | 1,163.4 | −0.015% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,164 | +0.034% | $792K | $645K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,163.3 | −0.029% | $1.3M | $902K | 25x | as long as short |
| Bitget LLYUSDTshort | 0.0000% | 8h | 1,164 | +0.037% | $2.3M | $176K | 20x | |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,164 | +0.037% | $221 | $188K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,163.6 | 0.000% | $2K | $6.0M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.3 | −0.108% | $5K | $40K | 20x | as long as short |
| Variational Omni LLY | +0.0016% | 8h | 1,163.5 | −0.011% | $192K | $18K | — | as long as short |
| Aftermath Perps LLYUSD | +0.0021% | 1h | 1,163 | −0.054% | $47K | $41K | 5x | as long as short |
| QFEX LLY-USD | +0.0043% | 1h | 1,163.6 | 0.000% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.8 | −0.071% | — | — | 25x | as long as short |
| Aster LLYUSDT | +0.0052% | 8h | 1,163.7 | +0.005% | $24K | $3K | 20x | as long as short |
| KuCoin LLYUSDTMlong | +0.0100% | 8h | 1,163.6 | long leg | $137K | $76K | 20x | |
| tradeXYZ xyz:LLY | +0.0101% | 1h | 1,163.3 | −0.026% | $8.7M | $1.2M | 10x | as long as short |
| Binance LLYUSDT | +0.0143% | 8h | 1,164.2 | +0.053% | $2.0M | $3.1M | 20x | as long as short |
| Nado LLY-PERP | +0.0148% | 1h | 1,163.3 | −0.025% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,175.6 | +1.031% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0343% | 1h | 1,164.6 | +0.086% | $1K | $7K | 10x | as long as short |
KuCoin LLYUSDTM
Bitget LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Variational Omni LLY
Aftermath Perps LLYUSD
Aster LLYUSDT
tradeXYZ xyz:LLY
Binance LLYUSDT
Injective LLY/USDC PERP
Phoenix LLY