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

Net, funding: paid 7d − costs−$1,137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,146as in the Price arb table

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

Long on OKX Short on KuCoin

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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.038% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LLY-USDT-SWAP	1,166	0	get 0.0000% / 8h	1h 23m	$790K	$567K	20x
Short	KuCoin LLYUSDTM	1,166.4	0.0100	get 0.0100% / 8h	1h 23m	$137K	$68K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.034%Rate

Funding earned: $21
Price spread: +0.034% → −0.004%: $3.83
Slippage, 4 orders: −$1,128.04
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,125.21
Costs to cover: 11.500%
Break-even: 382.1 days

Slippage from OKX: live order book, 18 min ago; KuCoin: live order book, 17 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 OKX live order book, 18 min ago	2.14 bp	20.6 bp −$21	404.9 bp −$4,049	doesn't fit	doesn't fit
Sell KuCoin live order book, 17 min ago	12.44 bp	667.1 bp −$667	doesn't fit	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
Aster LLYUSDT	0.0000%	8h	1,166.4	+0.033%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,166.8	+0.064%	$2.0M	$3.2M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,166	+0.002%	$1.3M	$390K	25x	as long as short
OKX LLY-USDT-SWAPlong	0.0000%	8h	1,166	long leg	$790K	$567K	20x
Gate LLY_USDT	0.0000%	8h	1,166.1	+0.005%	$1.3M	$811K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.4	+0.036%	$2.3M	$167K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,166.7	+0.059%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,166.6	+0.050%	$245	$176K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.8	+0.069%	$2K	$5.7M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.7	−0.197%	$6K	$41K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LLY-USDT	+0.0004%	8h	1,166.7	+0.063%	$84K	$86K	20x	as long as short
QFEX LLY-USD	+0.0012%	1h	1,165.8	−0.019%	$1.2M	$3.5M	10x	as long as short
Aftermath Perps LLYUSD	+0.0018%	1h	1,166.4	+0.034%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,165.7	−0.027%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0094%	1h	1,166.4	+0.034%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTMshort	+0.0100%	8h	1,166.4	+0.034%	$137K	$68K	20x
Nado LLY-PERP	+0.0184%	1h	1,165.7	−0.024%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0206%	1h	1,166.5	+0.043%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,178.7	+1.089%	$7K	$24K	12x	as long as short