LLY

Alert: funding

Alert: spread

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

Price spread now: Gate against KuCoin−0.004%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$736as in the Funding arb table

Net, price: spread back to 7d avg − costs−$718as in the Price arb table

costs, in and out, $10k−$7227.223% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.004%, 7d avg −0.051%

Together, before fees−0.188%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.046% dearer against KuCoin than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.051%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LLYUSDTM	1,166.7	0.0100	pay 0.0100% / 8h	13m 44s	$138K	$81K	20x
Short	Gate LLY_USDT	1,166.7	0	get 0.0000% / 8h	13m 44s	$1.3M	$900K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.004%Rate

Funding earned: −$21
Price spread: −0.004% → −0.051%: $4.63
Slippage, 4 orders: −$695.33
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$738.69
Costs to cover: 7.223%
Break-even: never at this rate

Slippage from KuCoin: live order book, 40 min ago; Gate: live order book, 4 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, 40 min ago	19.32 bp	492.1 bp −$492	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	7.38 bp	16.0 bp −$16	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
Bybit LLYUSDT	0.0000%	8h	1,167	+0.028%	$1.3M	$631K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,168	+0.111%	$820K	$573K	20x	as long as short
Gate LLY_USDTshort	0.0000%	8h	1,166.7	−0.004%	$1.3M	$900K	25x
Bitget LLYUSDT	0.0000%	8h	1,167.2	+0.040%	$2.3M	$175K	20x	as long as short
SunX LLY-USDT	0.0000%	8h	1,167	+0.026%	$1K	$6.5M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,165.3	−0.121%	$5K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0003%	1h	1,166.7	−0.002%	$47K	$42K	5x	as long as short
Nado LLY-PERP	+0.0013%	1h	1,166.9	+0.017%	$39K	$251	10x	as long as short
QFEX LLY-USD	+0.0023%	1h	1,166.7	−0.003%	$1.2M	$5.1M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166.6	−0.008%	—	—	25x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:LLY	+0.0050%	1h	1,166.9	+0.017%	$8.6M	$1.1M	10x	as long as short
KuCoin LLYUSDTMlong	+0.0100%	8h	1,166.7	long leg	$138K	$81K	20x
Aster LLYUSDT	+0.0124%	8h	1,166.3	−0.037%	$24K	$3K	20x	as long as short
Variational Omni LLY	+0.0141%	8h	1,166.6	−0.012%	$191K	$19K	—	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,178.5	+1.011%	$10K	$21K	12x	as long as short
Binance LLYUSDT	+0.0307%	8h	1,166.9	+0.017%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDT	+0.0318%	8h	1,166.8	+0.006%	$84K	$84K	20x	as long as short
Phoenix LLY	+0.0343%	1h	1,167.5	+0.069%	$1K	$7K	10x	as long as short
GRVT LLY_USDT_Perp	+0.0443%	8h	1,166.6	−0.008%	$268	$203K	10x	as long as short