Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.013%

Price spread now: OKX against Aftermath Perps−0.026%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 OKX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. OKX is 0.026% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 8.2 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LLYUSD	1,161.5	−0.0011	get 0.0001% / 1h	28m 04s	$47K	$50K	5x
Short	OKX LLY-USDT-SWAP	1,161.2	0	get 0.0000% / 8h	5h 28m	$811K	$556K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $2.24
Price spread: −0.026% → 0.000%: −$2.62
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$19.37
Costs to cover: 0.190%
Break-even: 67.4 days

Slippage unknown: Aftermath Perps: no order-book sample; OKX: live order book, 16 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 OKX live order book, 16 min ago	0.43 bp	43.6 bp −$44	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 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	−0.0329%	1h	1,163.4	+0.166%	$39K	$251	10x	as long as short
Bybit LLYUSDT	−0.0121%	8h	1,161.5	−0.005%	$1.4M	$492K	25x	as long as short
GRVT LLY_USDT_Perp	−0.0085%	8h	1,160.9	−0.055%	$244	$151K	10x	as long as short
BloFin LLY-USDT	−0.0018%	8h	1,161.8	+0.025%	$86K	$87K	20x	as long as short
Aftermath Perps LLYUSDlong	−0.0011%	1h	1,161.5	long leg	$47K	$50K	5x
Aster LLYUSDT	0.0000%	8h	1,162.2	+0.061%	$23K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,162	+0.047%	$2.0M	$3.5M	20x	as long as short
OKX LLY-USDT-SWAPshort	0.0000%	8h	1,161.2	−0.026%	$811K	$556K	20x
Gate LLY_USDT	0.0000%	8h	1,161	−0.043%	$1.3M	$635K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,162.4	+0.077%	$2.3M	$179K	20x	as long as short

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni LLY	0.0000%	8h	1,160.8	−0.058%	$190K	$21K	—	as long as short
SunX LLY-USDT	0.0000%	8h	1,162	+0.043%	$2K	$4.7M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,159.6	−0.167%	$5K	$42K	20x	as long as short
KuCoin LLYUSDTM	+0.0042%	8h	1,160.3	−0.104%	$141K	$244K	20x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,161.6	+0.010%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,162	+0.043%	$8.7M	$1.2M	10x	as long as short
QFEX LLY-USD	+0.0058%	1h	1,161.6	+0.007%	$1.2M	$3.1M	10x	as long as short
Phoenix LLY	+0.0207%	1h	1,163.4	+0.163%	$1K	$9K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,160	−0.129%	$20K	$37K	12x	as long as short