Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h +0.001%
Price spread now: tradeXYZ against KuCoin−0.009%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,156as in the Price arb table
costs, in and out, $10k−$1,15811.584% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.009%, 7d avg −0.033%
=Together, before fees+0.212%+ Points / potential airdroptradeXYZ: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.024% dearer against KuCoin than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.033%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 7 days funding on this pair paid +0.142%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LLYUSDTM | 1,163.1 | 0.0100 | pay 0.0100% / 8h | 4h 59m | $137K | $73K | 20x |
| Short | tradeXYZ xyz:LLY | 1,163 | 0.0058 | get 0.0007% / 1h | 59m 12s | $8.7M | $1.2M | 10x |
KuCoin LLYUSDTM
tradeXYZ xyz:LLYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against KuCoin. 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
- −$8.89
- Price spread: −0.009% → −0.033%
- $2.4
- Slippage, 4 orders
- −$1,128.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$1,164.86
- Costs to cover
- 11.584%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 15 min ago; tradeXYZ: live order book, 9 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, 15 min ago | 12.91 bp | 485.1 bp −$485 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 3.87 bp | 17.8 bp −$18 | 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 | 1,162.6 | −0.046% | $1.3M | $581K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,163.5 | +0.034% | $792K | $644K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,163.5 | +0.034% | $1.3M | $878K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,163.3 | +0.017% | $2.3M | $171K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,163.6 | +0.042% | $192K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,163.9 | +0.068% | $244 | $188K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,163.2 | +0.009% | $1K | $6.0M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.9 | −0.017% | $5K | $40K | 20x | as long as short |
| Aster LLYUSDT | +0.0008% | 8h | 1,162.8 | −0.028% | $23K | $3K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0014% | 1h | 1,162.7 | −0.032% | $47K | $41K | 5x | as long as short |
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aster LLYUSDT
Aftermath Perps LLYUSDShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USD | +0.0043% | 1h | 1,163.3 | +0.018% | $1.2M | $4.5M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.5 | −0.056% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLYshort | +0.0058% | 1h | 1,163 | −0.009% | $8.7M | $1.2M | 10x | |
| Binance LLYUSDT | +0.0067% | 8h | 1,163.3 | +0.020% | $2.0M | $3.1M | 20x | as long as short |
| BloFin LLY-USDT | +0.0093% | 8h | 1,163.8 | +0.057% | $84K | $84K | 20x | as long as short |
| KuCoin LLYUSDTMlong | +0.0100% | 8h | 1,163.1 | long leg | $137K | $73K | 20x | |
| Nado LLY-PERP | +0.0110% | 1h | 1,163.2 | +0.006% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,175.6 | +1.075% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0343% | 1h | 1,164.3 | +0.103% | $1K | $7K | 10x | as long as short |
QFEX LLY-USD
Vest LLY-USD-PERP
Binance LLYUSDT
BloFin LLY-USDT
Nado LLY-PERP
Injective LLY/USDC PERP
Phoenix LLY