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: Bybit against KuCoin−0.031%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$850as in the Funding arb table

Net, price: spread back to 7d avg − costs−$848as in the Price arb table

costs, in and out, $10k−$8438.429% of the position

Long on KuCoin Short on Bybit

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)+0.075%+$8 · spread now −0.031%, 7d avg +0.024%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.024%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LLYUSDTM	1,164.4	0.0100	pay 0.0100% / 8h	7m 38s	$136K	$73K	20x
Short	Bybit LLYUSDT	1,164	0	get 0.0000% / 8h	7m 38s	$1.3M	$346K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$21
Price spread: −0.031% → +0.024%: −$5.53
Slippage, 4 orders: −$819.94
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$869.48
Costs to cover: 8.429%
Break-even: never at this rate

Slippage from KuCoin: live order book, 23 min ago; Bybit: live order book, 3 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, 23 min ago	16.75 bp	339.3 bp −$339	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	11.42 bp	24.5 bp −$25	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
Aster LLYUSDT	0.0000%	8h	1,164.5	+0.011%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,164.8	+0.037%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDTshort	0.0000%	8h	1,164	−0.031%	$1.3M	$346K	25x
OKX LLY-USDT-SWAP	0.0000%	8h	1,164.8	+0.034%	$795K	$571K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165	+0.050%	$1.3M	$758K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166	+0.137%	$2.3M	$166K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.1	+0.062%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.1	+0.056%	$221	$171K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.1	+0.060%	$2K	$5.6M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.6	−0.068%	$5K	$42K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LLY-USDT	+0.0009%	8h	1,165.1	+0.061%	$84K	$85K	20x	as long as short
QFEX LLY-USD	+0.0022%	1h	1,165	+0.052%	$1.2M	$3.1M	10x	as long as short
Aftermath Perps LLYUSD	+0.0028%	1h	1,165	+0.052%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,163.8	−0.051%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0095%	1h	1,164.5	+0.009%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTMlong	+0.0100%	8h	1,164.4	long leg	$136K	$73K	20x
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.142%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0244%	1h	1,164	−0.034%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0274%	1h	1,164.9	+0.043%	$1K	$7K	10x	as long as short