Funding you earn now, next payment 00:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.011%
Price spread now: Phoenix against Nado+0.102%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.102% dearer against Nado than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 | Nado LLY-PERP | 1,165.1 | 0.0113 | pay 0.0014% / 1h | 47m 51s | $39K | $251 | 10x |
| Short | Phoenix LLY | 1,166.3 | 0.0206 | get 0.0026% / 1h | 47m 51s | $1K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Nado. 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
- $19.45
- Price spread: +0.102% → 0.000%
- $10.22
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $15.67
- Costs to cover
- 0.140%
- Break-even
- 1.4 days
Slippage unknown: Nado: no order-book sample; Phoenix: no order-book sample. 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 Nado no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Nado and Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.5 | +0.033% | $1.3M | $625K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,166.3 | +0.102% | $818K | $575K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.8 | +0.056% | $1.3M | $896K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,166.3 | +0.102% | $2.3M | $178K | 20x | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,166 | +0.078% | $257 | $201K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.6 | +0.042% | $1K | $6.4M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,163.8 | −0.117% | $5K | $41K | 20x | as long as short |
| QFEX LLY-USD | +0.0004% | 1h | 1,165.9 | +0.064% | $1.2M | $5.2M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0008% | 1h | 1,165.5 | +0.032% | $47K | $42K | 5x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,166 | +0.078% | — | — | 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 | 1,165.4 | +0.025% | $8.6M | $1.1M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,165.5 | +0.034% | $138K | $77K | 20x | as long as short |
| Nado LLY-PERPlong | +0.0113% | 1h | 1,165.1 | long leg | $39K | $251 | 10x | |
| Aster LLYUSDT | +0.0146% | 8h | 1,165.8 | +0.063% | $24K | $3K | 20x | as long as short |
| Variational Omni LLY | +0.0169% | 8h | 1,166.1 | +0.082% | $191K | $17K | — | as long as short |
| Phoenix LLYshort | +0.0206% | 1h | 1,166.3 | +0.102% | $1K | $7K | 10x | |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,178.3 | +1.132% | $10K | $21K | 12x | as long as short |
| BloFin LLY-USDT | +0.0298% | 8h | 1,165.8 | +0.056% | $84K | $85K | 20x | as long as short |
| Binance LLYUSDT | +0.0311% | 8h | 1,165.8 | +0.057% | $2.0M | $3.1M | 20x | as long as short |
Phoenix LLY
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Aster LLYUSDT
Variational Omni LLY
Injective LLY/USDC PERP
BloFin LLY-USDT
Binance LLYUSDT