Funding you earn now, next payment 23:00 UTC−0.0339%/8h= −37.1% APRnext payment −$0.42 per $10,000 · paid last 24h −0.065%
Price spread now: Aftermath Perps against Phoenix−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 against this trade now: funding costs −$10 a day on $10k at the current rate, and Aftermath Perps is 0.069% cheaper against Phoenix than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix LLY | 1,167.3 | 0.0343 | pay 0.0043% / 1h | 39m 20s | $1K | $7K | 10x |
| Short | Aftermath Perps LLYUSD | 1,166.5 | 0.0003 | get 0.0000% / 1h | 39m 20s | $47K | $41K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Phoenix. 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
- −$71.24
- Price spread: −0.069% → 0.000%
- −$6.85
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$94.1
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Aftermath Perps: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Phoenix and Aftermath Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado LLY-PERP | −0.0032% | 1h | 1,166.8 | −0.040% | $39K | $251 | 10x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,166.4 | −0.081% | $1.3M | $636K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,166.2 | −0.094% | $819K | $571K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,166.3 | −0.085% | $1.3M | $898K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,166.9 | −0.031% | $2.3M | $176K | 20x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,166.3 | −0.086% | $2K | $6.6M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,164.7 | −0.225% | $5K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSDshort | +0.0003% | 1h | 1,166.5 | −0.069% | $47K | $41K | 5x | |
| QFEX LLY-USD | +0.0023% | 1h | 1,166.5 | −0.071% | $1.2M | $5.1M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,166.7 | −0.056% | — | — | 25x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,166.7 | −0.051% | $8.6M | $1.1M | 10x | as long as short |
| Aster LLYUSDT | +0.0069% | 8h | 1,166.3 | −0.086% | $24K | $3K | 20x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,166.3 | −0.086% | $138K | $81K | 20x | as long as short |
| Variational Omni LLY | +0.0102% | 8h | 1,166.1 | −0.103% | $191K | $19K | — | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,178.1 | +0.925% | $10K | $21K | 12x | as long as short |
| BloFin LLY-USDT | +0.0262% | 8h | 1,166.1 | −0.101% | $84K | $85K | 20x | as long as short |
| Binance LLYUSDT | +0.0268% | 8h | 1,166.4 | −0.075% | $2.0M | $3.1M | 20x | as long as short |
| Phoenix LLYlong | +0.0343% | 1h | 1,167.3 | long leg | $1K | $7K | 10x | |
| GRVT LLY_USDT_Perp | +0.0448% | 8h | 1,166.3 | −0.083% | $840 | $207K | 10x | as long as short |
Phoenix LLY
Aftermath Perps LLYUSD
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
SunX LLY-USDT
HTX LLY-USDT
tradeXYZ xyz:LLY
Aster LLYUSDT
KuCoin LLYUSDTM
Variational Omni LLY
Injective LLY/USDC PERP
BloFin LLY-USDT
Binance LLYUSDT
GRVT LLY_USDT_Perp