Funding you earn now, next payment 04:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h −0.012%
Price spread now: Gate against QFEX−0.009%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
Funding, last 4 days (all we have)−0.018%−$2 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now −0.009%, 7d avg −0.043%
=The price spread pays, funding is against you. Gate is 0.034% dearer against QFEX than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.043%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 4 days (−0.018% in total) that is about 6.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LLY-USD | 1,163.9 | 0.0035 | pay 0.0004% / 1h | 13m 39s | $1.2M | $4.2M | 10x |
| Short | Gate LLY_USDT | 1,163.8 | 0 | get 0.0000% / 8h | 4h 13m | $1.3M | $881K | 25x |
QFEX LLY-USD
Gate LLY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- −$7.38
- Price spread: −0.009% → −0.043%
- $3.44
- Slippage, 4 orders
- −$124.82
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$153.76
- Costs to cover
- 1.498%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 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 QFEX live order book, 5 min ago | 2.06 bp | 7.1 bp −$7 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 7.82 bp | 80.7 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LLYUSDT | 0.0000% | 8h | 1,163.3 | −0.049% | $23K | $3K | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,163.2 | −0.058% | $1.3M | $523K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,163.5 | −0.034% | $790K | $645K | 20x | as long as short |
| Gate LLY_USDTshort | 0.0000% | 8h | 1,163.8 | −0.009% | $1.3M | $881K | 25x | |
| Bitget LLYUSDT | 0.0000% | 8h | 1,164.1 | +0.015% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,164.3 | +0.031% | $192K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,164 | +0.009% | $221 | $186K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,164.2 | +0.027% | $2K | $5.8M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,162.7 | −0.105% | $5K | $41K | 20x | as long as short |
| Binance LLYUSDT | +0.0011% | 8h | 1,164.1 | +0.022% | $2.0M | $3.1M | 20x | as long as short |
Aster LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Binance LLYUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LLYUSD | +0.0019% | 1h | 1,163.6 | −0.021% | $47K | $41K | 5x | as long as short |
| QFEX LLY-USDlong | +0.0035% | 1h | 1,163.9 | long leg | $1.2M | $4.2M | 10x | |
| BloFin LLY-USDT | +0.0035% | 8h | 1,164 | +0.009% | $84K | $85K | 20x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.8 | −0.097% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,163.6 | −0.025% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163.7 | −0.016% | $137K | $74K | 20x | as long as short |
| Nado LLY-PERP | +0.0130% | 1h | 1,162.9 | −0.082% | $39K | $251 | 10x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,176.2 | +1.058% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0275% | 1h | 1,164.7 | +0.070% | $1K | $7K | 10x | as long as short |
Aftermath Perps LLYUSD
BloFin LLY-USDT
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Nado LLY-PERP
Injective LLY/USDC PERP
Phoenix LLY