Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against Binance−0.026%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,493as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,485as in the Price arb table
costs, in and out, $10k−$1,48614.855% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.026%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LLYUSDT | 1,165.8 | 0 | get 0.0000% / 8h | 3h 03m | $2.0M | $3.1M | 20x |
| Short | KuCoin LLYUSDTM | 1,165.5 | 0.0100 | get 0.0100% / 8h | 3h 03m | $137K | $72K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $21
- Price spread: −0.026% → −0.032%
- $0.61
- Slippage, 4 orders
- −$1,463.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,463.9
- Costs to cover
- 14.855%
- Break-even
- 495.0 days
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 60 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 Binance live order book, 2 min ago | 0.04 bp | 11.0 bp −$11 | 29.7 bp −$297 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 60 min ago | 15.91 bp | 922.9 bp −$923 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LLYUSDT | 0.0000% | 8h | 1,165.5 | −0.025% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDTlong | 0.0000% | 8h | 1,165.8 | long leg | $2.0M | $3.1M | 20x | |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.6 | −0.019% | $1.3M | $523K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,165.3 | −0.044% | $790K | $604K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.4 | −0.034% | $1.3M | $854K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,166.2 | +0.029% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.6 | −0.014% | $193K | $16K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.7 | −0.008% | $256 | $182K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.8 | −0.001% | $2K | $5.8M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,164 | −0.152% | $6K | $41K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LLYUSD | +0.0015% | 1h | 1,165.4 | −0.039% | $47K | $40K | 5x | as long as short |
| BloFin LLY-USDT | +0.0018% | 8h | 1,165.6 | −0.019% | $84K | $85K | 20x | as long as short |
| QFEX LLY-USD | +0.0042% | 1h | 1,165.6 | −0.018% | $1.2M | $3.9M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,165.5 | −0.030% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,165.3 | −0.044% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTMshort | +0.0100% | 8h | 1,165.5 | −0.026% | $137K | $72K | 20x | |
| Nado LLY-PERP | +0.0179% | 1h | 1,165.4 | −0.036% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,176.8 | +0.943% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0344% | 1h | 1,165.7 | −0.009% | $1K | $7K | 10x | as long as short |
Binance LLYUSDT
KuCoin LLYUSDTM
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-USDT
Aftermath Perps LLYUSD
BloFin LLY-USDT
tradeXYZ xyz:LLY
Injective LLY/USDC PERP
Phoenix LLY