Funding you earn now, next payment 06:00 UTC+0.0089%/8h= +9.7% APRpaid last 24h +0.019%
Price spread now: KuCoin against QFEX−0.032%7-day average −0.012% · 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−$853as in the Price arb table
costs, in and out, $10k−$8518.508% of the position
Funding, last 4 days (all we have)+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.032%, 7d avg −0.012%
=The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LLY-USD | 1,165.6 | 0.0011 | pay 0.0001% / 1h | 9m 02s | $1.2M | $3.7M | 10x |
| Short | KuCoin LLYUSDTM | 1,165.2 | 0.0100 | get 0.0100% / 8h | 2h 09m | $139K | $71K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $18.7
- Price spread: −0.032% → −0.012%
- −$1.97
- Slippage, 4 orders
- −$828.83
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$834.11
- Costs to cover
- 8.508%
- Break-even
- 319.3 days
Slippage from QFEX: live order book, 4 min ago; KuCoin: live order book, 40 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, 4 min ago | 2.10 bp | 7.7 bp −$8 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 40 min ago | 10.30 bp | 459.0 bp −$459 | 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 | 1,165.4 | −0.011% | $24K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,165.7 | +0.008% | $2.0M | $3.2M | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,165.2 | −0.034% | $1.3M | $401K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,165 | −0.049% | $789K | $569K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,165.2 | −0.028% | $1.3M | $833K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,165.7 | +0.013% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,165.5 | −0.004% | $192K | $18K | — | as long as short |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,165.5 | −0.008% | $210 | $180K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,165.6 | +0.003% | $1K | $5.8M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,164.2 | −0.116% | $5K | $41K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USDlong | +0.0011% | 1h | 1,165.6 | long leg | $1.2M | $3.7M | 10x | |
| Aftermath Perps LLYUSD | +0.0018% | 1h | 1,165.3 | −0.027% | $47K | $40K | 5x | as long as short |
| BloFin LLY-USDT | +0.0029% | 8h | 1,165.4 | −0.011% | $83K | $86K | 20x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,165 | −0.052% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,165 | −0.049% | $8.7M | $1.2M | 10x | as long as short |
| KuCoin LLYUSDTMshort | +0.0100% | 8h | 1,165.2 | −0.032% | $139K | $71K | 20x | |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,178 | +1.066% | $7K | $24K | 12x | as long as short |
| Nado LLY-PERP | +0.0222% | 1h | 1,164.7 | −0.072% | $39K | $251 | 10x | as long as short |
| Phoenix LLY | +0.0274% | 1h | 1,165.8 | +0.020% | $1K | $7K | 10x | as long as short |
KuCoin LLYUSDTM
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
Aftermath Perps LLYUSD
BloFin LLY-USDT
tradeXYZ xyz:LLY
Injective LLY/USDC PERP
Phoenix LLY