Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.058%
Price spread now: Binance against QFEX−0.009%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$400.395% of the position
Funding, last 4 days (all we have)+0.110%+$11 on $10k
+Price spread, last 7 days+0.055%+$6 · spread now −0.009%, 7d avg +0.048%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.058% cheaper against QFEX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.048%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LLY-USD | 1,164.9 | 0.0022 | pay 0.0003% / 1h | 2m 05s | $1.2M | $3.1M | 10x |
| Short | Binance LLYUSDT | 1,164.8 | 0 | get 0.0000% / 8h | 2m 05s | $2.0M | $3.1M | 20x |
QFEX LLY-USD
Binance LLYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$4.57
- Price spread: −0.009% → +0.048%
- −$5.78
- Slippage, 4 orders
- −$19.5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.85
- Costs to cover
- 0.395%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Binance: live order book, 3 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 QFEX live order book, 6 min ago | 1.12 bp | 8.3 bp −$8 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.33 bp | 13.5 bp −$13 | 36.4 bp −$364 | 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 | 1,164.5 | −0.033% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDTshort | 0.0000% | 8h | 1,164.8 | −0.009% | $2.0M | $3.1M | 20x | |
| Bybit LLYUSDT | 0.0000% | 8h | 1,164.3 | −0.053% | $1.3M | $345K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,164.8 | −0.008% | $795K | $571K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,164.6 | −0.023% | $1.3M | $759K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,164.9 | +0.003% | $2.3M | $166K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,164.9 | −0.001% | $193K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,164.8 | −0.008% | $233 | $171K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,164.8 | −0.008% | $1K | $5.6M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,163 | −0.167% | $5K | $42K | 20x | as long as short |
Aster LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USDlong | +0.0022% | 1h | 1,164.9 | long leg | $1.2M | $3.1M | 10x | |
| BloFin LLY-USDT | +0.0026% | 8h | 1,164.8 | −0.009% | $84K | $85K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0031% | 1h | 1,164.9 | +0.005% | $47K | $40K | 5x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,163.8 | −0.098% | — | — | 25x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,164.4 | −0.042% | $136K | $77K | 20x | as long as short |
| tradeXYZ xyz:LLY | +0.0111% | 1h | 1,164.6 | −0.025% | $8.7M | $1.2M | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,177.7 | +1.100% | $7K | $24K | 12x | as long as short |
| Nado LLY-PERP | +0.0259% | 1h | 1,163.4 | −0.124% | $39K | $251 | 10x | as long as short |
| Phoenix LLY | +0.0274% | 1h | 1,165.5 | +0.052% | $1K | $7K | 10x | as long as short |
BloFin LLY-USDT
Aftermath Perps LLYUSD
Vest LLY-USD-PERP
KuCoin LLYUSDTM
tradeXYZ xyz:LLY
Injective LLY/USDC PERP
Nado LLY-PERP
Phoenix LLY