Funding you earn now, next payment 16:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.052%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,492as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,510as in the Price arb table
costs, in and out, $10k−$1,50715.069% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.052%, 7d avg −0.021%
=Funding pays, the price is against you. KuCoin is 0.031% cheaper against SunX than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.021%). If the spread goes back, that is −$3 on $10k: about 4.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.148% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX LLY-USDT | 1,161.6 | 0 | get 0.0000% / 8h | 4h 53m | $2K | $4.4M | 10x |
| Short | KuCoin LLYUSDTM | 1,161 | 0.0023 | get 0.0023% / 8h | 4h 53m | $141K | $282K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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
- $4.83
- Price spread: −0.052% → −0.021%
- −$3.11
- Slippage, 4 orders
- −$1,486.93
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,505.21
- Costs to cover
- 15.069%
- Break-even
- 2188.5 days
Slippage from SunX: live order book, 9 min ago; KuCoin: live order book, 34 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 SunX live order book, 9 min ago | 46.42 bp | 64.6 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 13.79 bp | 858.4 bp −$858 | doesn't fit | doesn't fit | doesn't fit |
LLY on 19 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado LLY-PERP | −0.0089% | 1h | 1,160.4 | −0.105% | $39K | $251 | 10x | as long as short |
| Bybit LLYUSDT | −0.0077% | 8h | 1,157.5 | −0.350% | $1.4M | $518K | 25x | as long as short |
| BloFin LLY-USDT | −0.0026% | 8h | 1,158.9 | −0.233% | $86K | $87K | 20x | as long as short |
| Aftermath Perps LLYUSD | −0.0022% | 1h | 1,162 | +0.037% | $47K | $50K | 5x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,159.9 | −0.148% | $23K | $3K | 20x | as long as short |
| Binance LLYUSDT | 0.0000% | 8h | 1,160 | −0.134% | $2.0M | $3.4M | 20x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,152.9 | −0.749% | $819K | $546K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,160.9 | −0.058% | $1.3M | $618K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,161.6 | −0.002% | $2.3M | $178K | 20x | as long as short |
| Variational Omni LLY | 0.0000% | 8h | 1,161.6 | +0.001% | $190K | $20K | — | as long as short |
Show all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,161.9 | +0.030% | $221 | $150K | 10x | as long as short |
| SunX LLY-USDTlong | 0.0000% | 8h | 1,161.6 | long leg | $2K | $4.4M | 10x | |
| HTX LLY-USDT | 0.0000% | 8h | 1,161.8 | +0.015% | $5K | $42K | 20x | as long as short |
| QFEX LLY-USD | +0.0013% | 1h | 1,160.7 | −0.077% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin LLYUSDTMshort | +0.0023% | 8h | 1,161 | −0.052% | $141K | $282K | 20x | |
| Injective LLY/USDC PERP | +0.0033% | 1h | 1,160 | −0.138% | $20K | $37K | 12x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,161.2 | −0.032% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,160.3 | −0.112% | $8.7M | $1.1M | 10x | as long as short |
| Phoenix LLY | +0.0069% | 1h | 1,163.2 | +0.138% | $1K | $9K | 10x | as long as short |
SunX LLY-USDT
KuCoin LLYUSDTM
Bybit LLYUSDT
BloFin LLY-USDT
Aftermath Perps LLYUSD
Aster LLYUSDT
Binance LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
Variational Omni LLY
GRVT LLY_USDT_Perp
HTX LLY-USDT
Injective LLY/USDC PERP
tradeXYZ xyz:LLY
Phoenix LLY