Funding you earn now, next payment 05:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.22 per $10,000 · paid last 24h −0.055%
Price spread now: QFEX against Injective−0.954%105s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$5 a day on $10k at the current rate, and QFEX is 0.954% cheaper against Injective than usual: you would sell low and buy high (−$95 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 105 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 | Injective LLY/USDC PERP | 1,176.8 | 0.0220 | pay 0.0028% / 1h | 15m 32s | $7K | $24K | 12x |
| Short | QFEX LLY-USD | 1,165.6 | 0.0042 | get 0.0005% / 1h | 15m 32s | $1.2M | $3.9M | 10x |
Injective LLY/USDC PERP
QFEX LLY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Injective. 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
- −$37.4
- Price spread: −0.954% → 0.000%
- −$95.43
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$142.85
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 3 min ago | 27.08 bp | 32.7 bp −$33 | 35.5 bp −$355 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LLY-USDT | −0.0018% | 8h | 1,165.5 | −0.961% | $84K | $85K | 20x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,165.5 | −0.956% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,165.6 | −0.953% | $2.0M | $3.1M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.4 | −0.969% | $1.3M | $523K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,165.1 | −0.994% | $790K | $605K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.3 | −0.980% | $1.3M | $853K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.9 | −0.927% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.1 | −0.992% | $193K | $16K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.2 | −0.990% | $221 | $182K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.3 | −0.977% | $2K | $5.8M | 10x | as long as short |
BloFin LLY-USDT
Aster LLYUSDT
Binance LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LLY-USDT | 0.0000% | 8h | 1,163.5 | −1.128% | $5K | $41K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0016% | 1h | 1,164.8 | −1.020% | $47K | $40K | 5x | as long as short |
| QFEX LLY-USDshort | +0.0042% | 1h | 1,165.6 | −0.954% | $1.2M | $3.9M | 10x | |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,164.7 | −1.029% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0070% | 1h | 1,165 | −1.003% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,165.4 | −0.969% | $137K | $72K | 20x | as long as short |
| Nado LLY-PERP | +0.0182% | 1h | 1,165.2 | −0.989% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERPlong | +0.0220% | 1h | 1,176.8 | long leg | $7K | $24K | 12x | |
| Phoenix LLY | +0.0344% | 1h | 1,165.6 | −0.952% | $1K | $7K | 10x | as long as short |
HTX LLY-USDT
Aftermath Perps LLYUSD
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Nado LLY-PERP
Phoenix LLY