Settings8H · net · $10k
Funding arb · Price arb /

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.16 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.037%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.037% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LLYUSDT1,163.20.0145pay 0.0145% / 8h6h 48m$2.0M$3.1M20x
ShortBloFin LLY-USDT1,162.80.0129get 0.0129% / 8h6h 48m$84K$85K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Funding earned
−$3.38
Price spread: −0.037% → 0.000%
−$3.68
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.05
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago1.72 bp12.0 bp −$1232.6 bp −$326doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LLYUSDT0.0000%8h1,162.7−0.039%$1.3M$582K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,162.7−0.043%$792K$637K20xas long as short
Gate LLY_USDT0.0000%8h1,163−0.016%$1.3M$899K25xas long as short
Bitget LLYUSDT0.0000%8h1,163−0.018%$2.3M$177K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,162.6−0.047%$244$193K10xas long as short
SunX LLY-USDT0.0000%8h1,162.8−0.034%$2K$6.1M10xas long as short
HTX LLY-USDT0.0000%8h1,161.7−0.131%$5K$40K20xas long as short
Aftermath Perps LLYUSD+0.0004%1h1,162−0.100%$47K$42K5xas long as short
Aster LLYUSDT+0.0018%8h1,162.6−0.052%$23K$3K20xas long as short
QFEX LLY-USD+0.0026%1h1,162.8−0.032%$1.2M$4.8M10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LLY+0.0042%8h1,162.7−0.045%$191K$17Kas long as short
Vest LLY-USD-PERP+0.0046%1h1,161.8−0.117%25xas long as short
KuCoin LLYUSDTM+0.0100%8h1,162.8−0.034%$137K$75K20xas long as short
tradeXYZ xyz:LLY+0.0104%1h1,162.7−0.043%$8.7M$1.2M10xas long as short
BloFin LLY-USDTshort+0.0129%8h1,162.8−0.037%$84K$85K20x
Binance LLYUSDTlong+0.0145%8h1,163.2long leg$2.0M$3.1M20x
Injective LLY/USDC PERP+0.0220%1h1,174.8+0.997%$7K$24K12xas long as short
Nado LLY-PERP+0.0223%1h1,162.6−0.056%$39K$25110xas long as short
Phoenix LLY+0.0275%1h1,163.1−0.008%$1K$7K10xas long as short