Funding you earn now, next payment 03:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h +0.031%
Price spread now: tradeXYZ against OKX−0.034%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$710.713% of the position
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 4 days (all we have)−0.157%−$16 · spread now −0.034%, 7d avg −0.037%
=Together, before fees+0.117%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LLY-USDT-SWAP | 1,163.4 | 0 | get 0.0000% / 8h | 5h 00m | $792K | $644K | 20x |
| Short | tradeXYZ xyz:LLY | 1,163 | 0.0070 | get 0.0009% / 1h | 0m 58s | $8.7M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against OKX. 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
- $14.74
- Price spread: −0.034% → −0.037%
- $0.31
- Slippage, 4 orders
- −$43.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$56.23
- Costs to cover
- 0.713%
- Break-even
- 33.7 days
Slippage from OKX: live order book, 60 min ago; tradeXYZ: live order book, 8 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, 60 min ago | 3.87 bp | 12.7 bp −$13 | 367.1 bp −$3,671 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 3.87 bp | 17.8 bp −$18 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LLYUSDT | 0.0000% | 8h | 1,163.1 | −0.024% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAPlong | 0.0000% | 8h | 1,163.4 | long leg | $792K | $644K | 20x | |
| Gate LLY_USDT | 0.0000% | 8h | 1,163.6 | +0.015% | $1.3M | $904K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,163.8 | +0.032% | $2.3M | $176K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,163.6 | +0.016% | $192K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,163.9 | +0.046% | $221 | $188K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,163.7 | +0.026% | $1K | $6.0M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.9 | −0.043% | $5K | $40K | 20x | as long as short |
| Aster LLYUSDT | +0.0012% | 8h | 1,163.6 | +0.013% | $24K | $3K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0015% | 1h | 1,162.7 | −0.062% | $47K | $41K | 5x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USD | +0.0043% | 1h | 1,163.8 | +0.034% | $1.2M | $4.5M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.8 | −0.056% | — | — | 25x | as long as short |
| BloFin LLY-USDT | +0.0054% | 8h | 1,163.8 | +0.034% | $84K | $84K | 20x | as long as short |
| tradeXYZ xyz:LLYshort | +0.0070% | 1h | 1,163 | −0.034% | $8.7M | $1.2M | 10x | |
| Binance LLYUSDT | +0.0071% | 8h | 1,163.6 | +0.017% | $2.0M | $3.1M | 20x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.6 | +0.017% | $137K | $73K | 20x | as long as short |
| Nado LLY-PERP | +0.0141% | 1h | 1,163.2 | −0.014% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,175.2 | +1.014% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0343% | 1h | 1,164.4 | +0.086% | $1K | $7K | 10x | as long as short |
OKX LLY-USDT-SWAP
tradeXYZ xyz:LLY
Bybit LLYUSDT
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aster LLYUSDT
Aftermath Perps LLYUSD
BloFin LLY-USDT
Binance LLYUSDT
KuCoin LLYUSDTM
Injective LLY/USDC PERP
Phoenix LLY