Funding you earn now, next payment 06:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h −0.017%
Price spread now: Injective against Phoenix+1.046%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Injective is 1.046% dearer against Phoenix than usual: you sell high and buy low: +$105 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix LLY | 1,166.5 | 0.0206 | pay 0.0026% / 1h | 16m 20s | $1K | $7K | 10x |
| Short | Injective LLY/USDC PERP | 1,178.7 | 0.0220 | get 0.0028% / 1h | 16m 20s | $7K | $24K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phoenix. 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
- $2.99
- Price spread: +1.046% → 0.000%
- $104.59
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $100.55
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; Injective: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Phoenix and Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LLYUSDT | 0.0000% | 8h | 1,166.1 | −0.036% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,166.7 | +0.021% | $2.0M | $3.2M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.7 | −0.072% | $1.3M | $350K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,166.4 | −0.009% | $790K | $567K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,166.1 | −0.031% | $1.3M | $811K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,166.4 | −0.007% | $2.3M | $167K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,166.7 | +0.016% | $193K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,166.6 | +0.010% | $210 | $176K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,166.8 | +0.026% | $2K | $5.7M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,164.6 | −0.160% | $6K | $41K | 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 | +0.0003% | 8h | 1,166.7 | +0.021% | $84K | $86K | 20x | as long as short |
| QFEX LLY-USD | +0.0012% | 1h | 1,166.5 | −0.004% | $1.2M | $3.5M | 10x | as long as short |
| Aftermath Perps LLYUSD | +0.0020% | 1h | 1,166.4 | −0.009% | $47K | $40K | 5x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,165.7 | −0.070% | — | — | 25x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,166.3 | −0.017% | $137K | $68K | 20x | as long as short |
| tradeXYZ xyz:LLY | +0.0124% | 1h | 1,166.6 | +0.009% | $8.7M | $1.2M | 10x | as long as short |
| Nado LLY-PERP | +0.0204% | 1h | 1,165.8 | −0.063% | $39K | $251 | 10x | as long as short |
| Phoenix LLYlong | +0.0206% | 1h | 1,166.5 | long leg | $1K | $7K | 10x | |
| Injective LLY/USDC PERPshort | +0.0220% | 1h | 1,178.7 | +1.046% | $7K | $24K | 12x |
Phoenix LLY
Injective LLY/USDC PERP
Aster LLYUSDT
Binance LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
BloFin LLY-USDT
Aftermath Perps LLYUSD
KuCoin LLYUSDTM
tradeXYZ xyz:LLY