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 +0.021%

Price spread now: KuCoin against Bybit+0.006%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,421as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,424as in the Price arb table

costs, in and out, $10k−$1,42714.274% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.006%, 7d avg −0.028%

Together, before fees+0.016%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.034% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LLYUSDT	1,163.3	0	get 0.0000% / 8h	5h 48m	$1.3M	$581K	25x
Short	KuCoin LLYUSDTM	1,163.4	0.0100	get 0.0100% / 8h	5h 48m	$137K	$76K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.006%Rate

Funding earned: $21
Price spread: +0.006% → −0.028%: $3.36
Slippage, 4 orders: −$1,404.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,402.99
Costs to cover: 14.274%
Break-even: 474.7 days

Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 40 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 Bybit live order book, 2 min ago	6.23 bp	22.1 bp −$22	675.2 bp −$6,752	doesn't fit	doesn't fit
Sell KuCoin live order book, 40 min ago	12.91 bp	793.9 bp −$794	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 LLYUSDTlong	0.0000%	8h	1,163.3	long leg	$1.3M	$581K	25x
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.6	+0.023%	$792K	$645K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,163.7	+0.028%	$1.3M	$901K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163.9	+0.051%	$2.3M	$176K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,164	+0.060%	$221	$188K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163.6	+0.023%	$2K	$6.0M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.3	−0.085%	$5K	$40K	20x	as long as short
Variational Omni LLY	+0.0016%	8h	1,163.5	+0.012%	$192K	$18K	—	as long as short
Aftermath Perps LLYUSD	+0.0021%	1h	1,162.9	−0.037%	$47K	$41K	5x	as long as short
QFEX LLY-USD	+0.0043%	1h	1,163.6	+0.023%	$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	−0.055%	—	—	25x	as long as short
Aster LLYUSDT	+0.0055%	8h	1,163.6	+0.020%	$24K	$3K	20x	as long as short
KuCoin LLYUSDTMshort	+0.0100%	8h	1,163.4	+0.006%	$137K	$76K	20x
tradeXYZ xyz:LLY	+0.0109%	1h	1,163.2	−0.011%	$8.7M	$1.2M	10x	as long as short
Binance LLYUSDT	+0.0144%	8h	1,163.6	+0.023%	$2.0M	$3.1M	20x	as long as short
Nado LLY-PERP	+0.0157%	1h	1,163.3	−0.002%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,175.6	+1.055%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0343%	1h	1,164.6	+0.109%	$1K	$7K	10x	as long as short