Funding you earn now, next payment 05:00 UTC+0.0174%/8h= +19.1% APRpaid last 24h +0.053%
Price spread now: Phoenix against KuCoin+0.043%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.043% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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 | KuCoin LLYUSDTM | 1,165.3 | 0.0100 | pay 0.0100% / 8h | 2h 08m | $139K | $71K | 20x |
| Short | Phoenix LLY | 1,165.8 | 0.0274 | get 0.0034% / 1h | 8m 29s | $1K | $7K | 10x |
KuCoin LLYUSDTM
Phoenix LLYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $36.64
- Price spread: +0.043% → 0.000%
- $4.29
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $21.93
- Costs to cover
- 0.190%
- Break-even
- 2.8 days
Slippage unknown: KuCoin: live order book, 41 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 41 min ago | 10.30 bp | 376.6 bp −$377 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster LLYUSDT | 0.0000% | 8h | 1,165.6 | +0.022% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,165.7 | +0.038% | $2.0M | $3.2M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.3 | −0.002% | $1.3M | $401K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,165 | −0.026% | $789K | $569K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.2 | −0.007% | $1.3M | $833K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.8 | +0.039% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.5 | +0.019% | $192K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.5 | +0.016% | $210 | $180K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.6 | +0.026% | $1K | $5.8M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,164.2 | −0.093% | $5K | $41K | 20x | as long as short |
Aster LLYUSDT
Binance LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USD | +0.0011% | 1h | 1,165.6 | +0.024% | $1.2M | $3.7M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0019% | 1h | 1,165.2 | −0.009% | $47K | $40K | 5x | as long as short |
| BloFin LLY-USDT | +0.0029% | 8h | 1,165.4 | +0.012% | $83K | $86K | 20x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,165 | −0.028% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,165 | −0.026% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTMlong | +0.0100% | 8h | 1,165.3 | long leg | $139K | $71K | 20x | |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,178 | +1.090% | $7K | $24K | 12x | as long as short |
| Nado LLY-PERP | +0.0223% | 1h | 1,165 | −0.030% | $39K | $251 | 10x | as long as short |
| Phoenix LLYshort | +0.0274% | 1h | 1,165.8 | +0.043% | $1K | $7K | 10x |
QFEX LLY-USD
Aftermath Perps LLYUSD
BloFin LLY-USDT
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
Injective LLY/USDC PERP
Nado LLY-PERP