LLY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bitget−0.115%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$817as in the Funding arb table

Net, price: spread back to 7d avg − costs−$839as in the Price arb table

costs, in and out, $10k−$8328.322% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.148%+$15 on $10k

Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.115%, 7d avg −0.050%

Together, before fees+0.251%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.065% cheaper against Bitget than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of −0.050%). If the spread goes back, that is −$6 on $10k: about 2.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LLYUSDT	1,166	0	get 0.0000% / 8h	9m 24s	$2.3M	$166K	20x
Short	KuCoin LLYUSDTM	1,164.7	0.0100	get 0.0100% / 8h	9m 24s	$136K	$73K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.115%Rate

Funding earned: $21
Price spread: −0.115% → −0.050%: −$6.46
Slippage, 4 orders: −$808.18
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$817.64
Costs to cover: 8.322%
Break-even: 279.5 days

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 21 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 Bitget live order book, 3 min ago	7.08 bp	20.7 bp −$21	48.7 bp −$487	doesn't fit	doesn't fit
Sell KuCoin live order book, 21 min ago	16.75 bp	458.4 bp −$458	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
BloFin LLY-USDT	−0.0026%	8h	1,165.6	−0.035%	$84K	$86K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,164.9	−0.100%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.3	−0.064%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,164.8	−0.108%	$1.3M	$346K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.3	−0.063%	$795K	$571K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.3	−0.065%	$1.3M	$758K	25x	as long as short
Bitget LLYUSDTlong	0.0000%	8h	1,166	long leg	$2.3M	$166K	20x
Variational Omni LLY	0.0000%	8h	1,165.1	−0.079%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.1	−0.084%	$221	$171K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.1	−0.081%	$2K	$5.6M	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LLY-USDT	0.0000%	8h	1,164.1	−0.169%	$5K	$41K	20x	as long as short
QFEX LLY-USD	+0.0022%	1h	1,165.3	−0.061%	$1.2M	$3.1M	10x	as long as short
Aftermath Perps LLYUSD	+0.0027%	1h	1,165.1	−0.085%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,164.1	−0.163%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0089%	1h	1,165.1	−0.081%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTMshort	+0.0100%	8h	1,164.7	−0.115%	$136K	$73K	20x
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.000%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0243%	1h	1,164	−0.174%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0274%	1h	1,164.9	−0.098%	$1K	$7K	10x	as long as short