Funding you earn now, next payment 09:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.027%
Price spread now: Phoenix against Nado−0.342%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Phoenix is 0.342% cheaper against Nado than usual: you would sell low and buy high (spread −0.342% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 4.3 days of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado LLY-PERP | 1,162 | 0.0010 | pay 0.0001% / 1h | 12m 32s | $39K | $251 | 10x |
| Short | Phoenix LLY | 1,158 | 0.0275 | get 0.0034% / 1h | 12m 32s | $1K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Nado. 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
- $55.46
- Price spread: −0.342% → 0.000%
- −$34.22
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $7.24
- Costs to cover
- 0.140%
- Break-even
- 6.1 days
Slippage unknown: Nado: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Nado 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 exchanges
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 | 1,161 | −0.088% | $23K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,160.3 | −0.141% | $2.0M | $3.3M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,159.2 | −0.242% | $1.4M | $412K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,159.4 | −0.222% | $804K | $582K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,159.5 | −0.210% | $1.3M | $616K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,160.3 | −0.145% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,160 | −0.172% | $191K | $20K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,159.1 | −0.250% | $220 | $156K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,160.2 | −0.153% | $1K | $4.8M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,159.1 | −0.252% | $6K | $42K | 20x | as long as short |
Show all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LLY-USDT | +0.0006% | 8h | 1,159.9 | −0.183% | $85K | $86K | 20x | as long as short |
| Nado LLY-PERPlong | +0.0010% | 1h | 1,162 | long leg | $39K | $251 | 10x | |
| Aftermath Perps LLYUSD | +0.0011% | 1h | 1,159 | −0.260% | $47K | $42K | 5x | as long as short |
| Injective LLY/USDC PERP | +0.0033% | 1h | 1,160 | −0.170% | $20K | $37K | 12x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,159.2 | −0.239% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,159 | −0.256% | $8.7M | $1.2M | 10x | as long as short |
| QFEX LLY-USD | +0.0075% | 1h | 1,159.8 | −0.191% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,158.6 | −0.291% | $140K | $195K | 20x | as long as short |
| Phoenix LLYshort | +0.0275% | 1h | 1,158 | −0.342% | $1K | $7K | 10x |
Phoenix LLY
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-USDT
BloFin LLY-USDT
Aftermath Perps LLYUSD
Injective LLY/USDC PERP
tradeXYZ xyz:LLY
KuCoin LLYUSDTM