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: OKX against KuCoin−0.034%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,163as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,154as in the Price arb table

costs, in and out, $10k−$1,15011.500% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.034%, 7d avg +0.004%

Together, before fees−0.047%−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.004%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LLYUSDTM	1,166.4	0.0100	pay 0.0100% / 8h	1h 38m	$137K	$68K	20x
Short	OKX LLY-USDT-SWAP	1,166	0	get 0.0000% / 8h	1h 38m	$790K	$567K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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 KuCoinbpFee OKXbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$21
Price spread: −0.034% → +0.004%: −$3.83
Slippage, 4 orders: −$1,128.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1,174.87
Costs to cover: 11.500%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago	12.44 bp	437.3 bp −$437	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.14 bp	25.1 bp −$25	333.6 bp −$3,336	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
BloFin LLY-USDT	−0.0020%	8h	1,166.9	+0.040%	$84K	$86K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,166.2	−0.017%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,166.7	+0.029%	$2.0M	$3.2M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.9	−0.040%	$1.3M	$401K	25x	as long as short
OKX LLY-USDT-SWAPshort	0.0000%	8h	1,166	−0.034%	$790K	$567K	20x
Gate LLY_USDT	0.0000%	8h	1,166.1	−0.027%	$1.3M	$810K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.7	+0.025%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,166.7	+0.025%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,166.5	+0.010%	$257	$178K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.8	+0.034%	$1K	$5.8M	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LLY-USDT	0.0000%	8h	1,164.9	−0.130%	$5K	$41K	20x	as long as short
QFEX LLY-USD	+0.0012%	1h	1,166.4	+0.003%	$1.2M	$3.6M	10x	as long as short
Aftermath Perps LLYUSD	+0.0014%	1h	1,166.4	0.000%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166	−0.039%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,166.4	0.000%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTMlong	+0.0100%	8h	1,166.4	long leg	$137K	$68K	20x
Nado LLY-PERP	+0.0115%	1h	1,165.9	−0.039%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0206%	1h	1,167.8	+0.120%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.5	+0.952%	$7K	$24K	12x	as long as short