Settings8H · net · $10k
Funding arb · Price arb /

LLY

RWAall LLY markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix LLY1,166.50.0206pay 0.0026% / 1h16m 20s$1K$7K10x
ShortInjective LLY/USDC PERP1,178.70.0220get 0.0028% / 1h16m 20s$7K$24K12x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LLYUSDT0.0000%8h1,166.1−0.036%$24K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,166.7+0.021%$2.0M$3.2M20xas long as short
Bybit LLYUSDT0.0000%8h1,165.7−0.072%$1.3M$350K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,166.4−0.009%$790K$567K20xas long as short
Gate LLY_USDT0.0000%8h1,166.1−0.031%$1.3M$811K25xas long as short
Bitget LLYUSDT0.0000%8h1,166.4−0.007%$2.3M$167K20xas long as short
Variational Omni LLY0.0000%8h1,166.7+0.016%$193K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,166.6+0.010%$210$176K10xas long as short
SunX LLY-USDT0.0000%8h1,166.8+0.026%$2K$5.7M10xas long as short
HTX LLY-USDT0.0000%8h1,164.6−0.160%$6K$41K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LLY-USDT+0.0003%8h1,166.7+0.021%$84K$86K20xas long as short
QFEX LLY-USD+0.0012%1h1,166.5−0.004%$1.2M$3.5M10xas long as short
Aftermath Perps LLYUSD+0.0020%1h1,166.4−0.009%$47K$40K5xas long as short
Vest LLY-USD-PERP+0.0046%1h1,165.7−0.070%25xas long as short
KuCoin LLYUSDTM+0.0100%8h1,166.3−0.017%$137K$68K20xas long as short
tradeXYZ xyz:LLY+0.0124%1h1,166.6+0.009%$8.7M$1.2M10xas long as short
Nado LLY-PERP+0.0204%1h1,165.8−0.063%$39K$25110xas long as short
Phoenix LLYlong+0.0206%1h1,166.5long leg$1K$7K10x
Injective LLY/USDC PERPshort+0.0220%1h1,178.7+1.046%$7K$24K12x