LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0054%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%

Price spread now: Injective against Phoenix+1.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Injective is 1.046% dearer against Phoenix than usual: you sell high and buy low (spread +1.046% now, against zero (this spread has no 7-day history yet)): +$105 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix LLY	1,165.8	0.0274	pay 0.0034% / 1h	10m 49s	$1K	$7K	10x
Short	Injective LLY/USDC PERP	1,178	0.0220	get 0.0028% / 1h	10m 49s	$7K	$24K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Phoenix. 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 PhoenixbpFee InjectivebpOrdersPrice spread, now +1.046%Rate

Funding earned: −$11.44
Price spread: +1.046% → 0.000%: $104.65
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $86.19
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Phoenix: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

Phoenix and Injective: 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	1,165.5	−0.030%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.8	−0.004%	$2.0M	$3.2M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.3	−0.045%	$1.3M	$401K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.4	−0.034%	$790K	$568K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.3	−0.043%	$1.3M	$833K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,165.8	+0.003%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.5	−0.024%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.4	−0.037%	$268	$180K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.6	−0.017%	$2K	$5.8M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.3	−0.217%	$5K	$41K	20x	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	+0.0011%	1h	1,165.6	−0.015%	$1.2M	$3.7M	10x	as long as short
Aftermath Perps LLYUSD	+0.0018%	1h	1,165.5	−0.025%	$47K	$40K	5x	as long as short
BloFin LLY-USDT	+0.0028%	8h	1,165.6	−0.015%	$83K	$86K	20x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,164.7	−0.094%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,165.5	−0.026%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,165.2	−0.051%	$139K	$71K	20x	as long as short
Nado LLY-PERP	+0.0217%	1h	1,164.7	−0.091%	$39K	$251	10x	as long as short
Injective LLY/USDC PERPshort	+0.0220%	1h	1,178	+1.046%	$7K	$24K	12x
Phoenix LLYlong	+0.0274%	1h	1,165.8	long leg	$1K	$7K	10x