LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0193%/8h= +21.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.072%

Price spread now: Phoenix against QFEX+0.145%52s7-day average — · you sell dearer than you buy

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

Long on QFEX Short on Phoenix

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

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.145% dearer against QFEX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX LLY-USD	1,166.1	0.0012	pay 0.0002% / 1h	40m 17s	$1.2M	$3.6M	10x
Short	Phoenix LLY	1,167.8	0.0206	get 0.0026% / 1h	40m 17s	$1K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against QFEX. 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 QFEXbpFee PhoenixbpOrdersPrice spread, now +0.145%Rate

Funding earned: $40.63
Price spread: +0.145% → 0.000%: $14.49
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $38.12
Costs to cover: 0.170%
Break-even: 0.4 days

Slippage unknown: QFEX: live order book, 3 min ago; Phoenix: 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 QFEX live order book, 3 min ago	2.10 bp	7.4 bp −$7	12.6 bp −$126	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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	1,166.2	+0.009%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,166.7	+0.049%	$2.0M	$3.2M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,166.3	+0.013%	$1.3M	$401K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,166	−0.009%	$790K	$567K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,166.4	+0.024%	$1.3M	$810K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.8	+0.055%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,166.7	+0.050%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,166.6	+0.038%	$257	$178K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.8	+0.059%	$1K	$5.8M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,165	−0.092%	$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
BloFin LLY-USDT	+0.0006%	8h	1,166.9	+0.065%	$84K	$86K	20x	as long as short
QFEX LLY-USDlong	+0.0012%	1h	1,166.1	long leg	$1.2M	$3.6M	10x
Aftermath Perps LLYUSD	+0.0013%	1h	1,166.3	+0.013%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166.1	−0.001%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,166.3	+0.016%	$8.7M	$1.2M	10x	as long as short
Nado LLY-PERP	+0.0094%	1h	1,166.5	+0.037%	$39K	$251	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,166.2	+0.008%	$137K	$68K	20x	as long as short
Phoenix LLYshort	+0.0206%	1h	1,167.8	+0.145%	$1K	$7K	10x
Injective LLY/USDC PERP	+0.0220%	1h	1,177.5	+0.977%	$7K	$24K	12x	as long as short