Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.016%

Price spread now: Gate against Aftermath Perps−0.010%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LLYUSD	1,166.2	0.0009	pay 0.0001% / 1h	54m 05s	$47K	$41K	5x
Short	Gate LLY_USDT	1,166	0	get 0.0000% / 8h	54m 05s	$1.3M	$898K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aftermath Perps. 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee GatebpOrdersPrice spread, now −0.010%Rate

Funding earned: −$1.85
Price spread: −0.010% → 0.000%: −$1.03
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$26.88
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Gate: live order book, 3 min ago. 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	7.30 bp	23.3 bp −$23	doesn't fit	doesn't fit	doesn't fit

Aftermath Perps: 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
Nado LLY-PERP	−0.0004%	1h	1,166.7	+0.046%	$39K	$251	10x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,166.1	−0.005%	$1.3M	$636K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,166	−0.013%	$819K	$564K	20x	as long as short
Gate LLY_USDTshort	0.0000%	8h	1,166	−0.010%	$1.3M	$898K	25x
Bitget LLYUSDT	0.0000%	8h	1,166.6	+0.035%	$2.3M	$176K	20x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.2	+0.004%	$1K	$6.6M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.2	−0.254%	$5K	$40K	20x	as long as short
Aftermath Perps LLYUSDlong	+0.0009%	1h	1,166.2	long leg	$47K	$41K	5x
QFEX LLY-USD	+0.0023%	1h	1,166.3	+0.015%	$1.2M	$5.1M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166.9	+0.063%	—	—	25x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:LLY	+0.0050%	1h	1,166.4	+0.021%	$8.6M	$1.1M	10x	as long as short
Aster LLYUSDT	+0.0053%	8h	1,165.5	−0.058%	$24K	$3K	20x	as long as short
Variational Omni LLY	+0.0091%	8h	1,166.2	+0.001%	$191K	$19K	—	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,166	−0.013%	$137K	$80K	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.9	+1.008%	$10K	$21K	12x	as long as short
Binance LLYUSDT	+0.0263%	8h	1,166.2	+0.007%	$2.0M	$3.1M	20x	as long as short
Phoenix LLY	+0.0274%	1h	1,166.7	+0.047%	$1K	$7K	10x	as long as short
BloFin LLY-USDT	+0.0279%	8h	1,166.3	+0.011%	$84K	$85K	20x	as long as short
GRVT LLY_USDT_Perp	+0.0455%	8h	1,166.1	−0.005%	$746	$208K	10x	as long as short