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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0230%/8h= −25.2% APRnext payment $2.30 per $10,000 · paid last 24h −0.034%
Price spread now: OKX against Binance−0.015%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.174%−$17 on $10k
Price spread, last 2 days (all we have)+0.011%+$1 · spread now −0.015%, 7d avg −0.019%
Together, before fees−0.164%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LLYUSDT1,166.30.0230pay 0.0230% / 8h1h 14m$2.0M$3.1M20x
ShortOKX LLY-USDT-SWAP1,166.10get 0.0000% / 8h1h 14m$819K$564K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$48.32
Price spread: −0.015% → −0.019%
$0.33
Slippage, 4 orders
−$44.43
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$112.42
Costs to cover
0.644%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; OKX: live order book, 2 min ago.

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, 7 min ago1.89 bp13.3 bp −$1332.1 bp −$321doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago3.00 bp21.3 bp −$21doesn't fitdoesn't fitdoesn't fit

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
QFEX LLY-USD−0.0006%1h1,166.1−0.020%$1.2M$5.0M10xas long as short
Bybit LLYUSDT0.0000%8h1,166−0.023%$1.3M$636K25xas long as short
OKX LLY-USDT-SWAPshort0.0000%8h1,166.1−0.015%$819K$564K20x
Gate LLY_USDT0.0000%8h1,166.3−0.001%$1.3M$910K25xas long as short
Bitget LLYUSDT0.0000%8h1,166.4+0.009%$2.3M$176K20xas long as short
SunX LLY-USDT0.0000%8h1,166.3+0.002%$2K$6.6M10xas long as short
HTX LLY-USDT0.0000%8h1,164.2−0.180%$5K$40K20xas long as short
Aster LLYUSDT+0.0006%8h1,165.7−0.054%$24K$3K20xas long as short
Aftermath Perps LLYUSD+0.0011%1h1,166.2−0.005%$47K$41K5xas long as short
Vest LLY-USD-PERP+0.0046%1h1,166.2−0.010%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:LLY+0.0050%1h1,166−0.024%$8.6M$1.1M10xas long as short
Variational Omni LLY+0.0064%8h1,166.4+0.008%$191K$19Kas long as short
KuCoin LLYUSDTM+0.0100%8h1,165.7−0.050%$139K$56K20xas long as short
Nado LLY-PERP+0.0150%1h1,166.2−0.007%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,178.6+1.056%$10K$21K12xas long as short
Binance LLYUSDTlong+0.0230%8h1,166.3long leg$2.0M$3.1M20x
BloFin LLY-USDT+0.0247%8h1,166.5+0.016%$84K$84K20xas long as short
Phoenix LLY+0.0274%1h1,167+0.062%$1K$7K10xas long as short
GRVT LLY_USDT_Perp+0.0437%8h1,166.3−0.003%$875$208K10xas long as short