Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.014%

Price spread now: HTX against Aftermath Perps−0.080%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 HTX

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.080% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LLYUSD	1,163.3	0.0025	pay 0.0003% / 1h	47m 21s	$47K	$41K	5x
Short	HTX LLY-USDT	1,162.4	0	get 0.0000% / 8h	3h 47m	$6K	$41K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$5.17
Price spread: −0.080% → 0.000%: −$7.98
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$34.15
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aftermath Perps no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Aftermath Perps and HTX: 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
BloFin LLY-USDT	−0.0009%	8h	1,164.3	+0.079%	$83K	$85K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,164.2	+0.075%	$24K	$3K	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,164	+0.056%	$1.3M	$523K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.6	+0.022%	$789K	$635K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,164.1	+0.063%	$1.3M	$852K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164.7	+0.113%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,164.3	+0.083%	$192K	$16K	—	as long as short
SunX LLY-USDT	0.0000%	8h	1,164	+0.056%	$1K	$5.8M	10x	as long as short
HTX LLY-USDTshort	0.0000%	8h	1,162.4	−0.080%	$6K	$41K	20x
Binance LLYUSDT	+0.0003%	8h	1,164.1	+0.062%	$2.0M	$3.1M	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LLYUSDlong	+0.0025%	1h	1,163.3	long leg	$47K	$41K	5x
QFEX LLY-USD	+0.0042%	1h	1,164.2	+0.069%	$1.2M	$4.1M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.9	−0.041%	—	—	25x	as long as short
GRVT LLY_USDT_Perp	+0.0057%	8h	1,164.4	+0.090%	$233	$185K	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,164	+0.056%	$137K	$74K	20x	as long as short
tradeXYZ xyz:LLY	+0.0141%	1h	1,163.9	+0.047%	$8.7M	$1.2M	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,176.3	+1.113%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0328%	1h	1,163.8	+0.037%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0344%	1h	1,164.3	+0.082%	$1K	$7K	10x	as long as short