LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0149%/8h= −16.4% APRnext payment −$1.49 per $10,000 · paid last 24h −0.068%

Price spread now: OKX against Binance+0.006%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$660.657% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.208%−$21 on $10k

Price spread, last 2 days (all we have)−0.007%−$1 · spread now +0.006%, 7d avg −0.021%

Together, before fees−0.216%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.026% dearer against Binance than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.021%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LLYUSDT	1,163.5	0.0149	pay 0.0149% / 8h	5h 51m	$2.0M	$3.1M	20x
Short	OKX LLY-USDT-SWAP	1,163.6	0	get 0.0000% / 8h	5h 51m	$792K	$645K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$31.39
Price spread: +0.006% → −0.021%: $2.64
Slippage, 4 orders: −$45.71
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$94.45
Costs to cover: 0.657%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; OKX: live order book, 10 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, 14 min ago	1.85 bp	13.3 bp −$13	30.8 bp −$308	doesn't fit	doesn't fit
Sell OKX live order book, 10 min ago	3.87 bp	26.4 bp −$26	doesn't fit	doesn't fit	doesn't fit

LLY on 18 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
Bybit LLYUSDT	0.0000%	8h	1,163.2	−0.032%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAPshort	0.0000%	8h	1,163.6	+0.006%	$792K	$645K	20x
Gate LLY_USDT	0.0000%	8h	1,163.5	−0.002%	$1.3M	$901K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163.9	+0.033%	$2.3M	$176K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,164	+0.041%	$210	$190K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,164.1	+0.049%	$1K	$6.0M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.3	−0.110%	$5K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0021%	1h	1,163.1	−0.037%	$47K	$41K	5x	as long as short
Variational Omni LLY	+0.0024%	8h	1,164.1	+0.047%	$192K	$18K	—	as long as short
QFEX LLY-USD	+0.0043%	1h	1,163.5	−0.005%	$1.2M	$4.7M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest LLY-USD-PERP	+0.0046%	1h	1,162.7	−0.075%	—	—	25x	as long as short
Aster LLYUSDT	+0.0059%	8h	1,163.6	+0.007%	$24K	$3K	20x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.5	−0.003%	$137K	$76K	20x	as long as short
Binance LLYUSDTlong	+0.0149%	8h	1,163.5	long leg	$2.0M	$3.1M	20x
tradeXYZ xyz:LLY	+0.0176%	1h	1,163	−0.046%	$8.7M	$1.2M	10x	as long as short
Nado LLY-PERP	+0.0186%	1h	1,163.3	−0.019%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,175.6	+1.037%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0343%	1h	1,164.6	+0.092%	$1K	$7K	10x	as long as short