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: Bitget against KuCoin+0.106%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$847as in the Funding arb table

Net, price: spread back to 7d avg − costs−$827as in the Price arb table

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

Long on KuCoin Short on Bitget

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)−0.095%−$9 · spread now +0.106%, 7d avg +0.050%

Together, before fees−0.242%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.056% dearer against KuCoin than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.050%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LLYUSDTM	1,164.8	0.0100	pay 0.0100% / 8h	9m 52s	$136K	$73K	20x
Short	Bitget LLYUSDT	1,166	0	get 0.0000% / 8h	9m 52s	$2.3M	$166K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$21
Price spread: +0.106% → +0.050%: $5.61
Slippage, 4 orders: −$808.18
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$847.56
Costs to cover: 8.322%
Break-even: never at this rate

Slippage from KuCoin: live order book, 21 min ago; Bitget: live order book, 2 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 KuCoin live order book, 21 min ago	16.75 bp	339.3 bp −$339	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	7.08 bp	13.8 bp −$14	31.6 bp −$316	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	+0.071%	$84K	$86K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,164.8	−0.002%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.2	+0.036%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,164.7	−0.009%	$1.3M	$346K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.3	+0.043%	$795K	$571K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,164.8	−0.002%	$1.3M	$758K	25x	as long as short
Bitget LLYUSDTshort	0.0000%	8h	1,166	+0.106%	$2.3M	$166K	20x
Variational Omni LLY	0.0000%	8h	1,165.1	+0.027%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.2	+0.036%	$221	$171K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.1	+0.026%	$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	−0.063%	$5K	$41K	20x	as long as short
QFEX LLY-USD	+0.0022%	1h	1,164.7	−0.009%	$1.2M	$3.1M	10x	as long as short
Aftermath Perps LLYUSD	+0.0027%	1h	1,165.3	+0.042%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,163.8	−0.084%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0088%	1h	1,165.2	+0.034%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTMlong	+0.0100%	8h	1,164.8	long leg	$136K	$73K	20x
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.107%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0241%	1h	1,164	−0.067%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0274%	1h	1,164.9	+0.009%	$1K	$7K	10x	as long as short