Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Bitget−0.069%51s7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.069% cheaper against Bitget than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.0 days of funding at the current rate (+$1 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LLYUSDT	1,166.3	0	get 0.0000% / 8h	2h 52m	$2.3M	$169K	20x
Short	Vest LLY-USD-PERP	1,165.5	0.0046	get 0.0006% / 1h	52m 37s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bitget. 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 BitgetbpFee VestbpOrdersPrice spread, now −0.069%Rate

Funding earned: $9.59
Price spread: −0.069% → 0.000%: −$6.86
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$11.27
Costs to cover: 0.140%
Break-even: 15.2 days

Slippage unknown: Bitget: live order book, 5 min ago; Vest: 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 Bitget live order book, 5 min ago	3.94 bp	14.3 bp −$14	28.1 bp −$281	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Aster LLYUSDT	0.0000%	8h	1,165.7	−0.047%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.7	−0.051%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.7	−0.052%	$1.3M	$526K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.2	−0.091%	$790K	$579K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.4	−0.077%	$1.3M	$826K	25x	as long as short
Bitget LLYUSDTlong	0.0000%	8h	1,166.3	long leg	$2.3M	$169K	20x
Variational Omni LLY	0.0000%	8h	1,165.7	−0.049%	$193K	$16K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.7	−0.050%	$233	$182K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.7	−0.048%	$2K	$5.8M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,164	−0.192%	$5K	$41K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX LLY-USD	+0.0011%	1h	1,165.6	−0.059%	$1.2M	$3.9M	10x	as long as short
Aftermath Perps LLYUSD	+0.0014%	1h	1,165.4	−0.074%	$47K	$40K	5x	as long as short
tradeXYZ xyz:LLY	+0.0026%	1h	1,165.3	−0.082%	$8.7M	$1.2M	10x	as long as short
BloFin LLY-USDT	+0.0027%	8h	1,165.9	−0.030%	$84K	$86K	20x	as long as short
Vest LLY-USD-PERPshort	+0.0046%	1h	1,165.5	−0.069%	—	—	25x
KuCoin LLYUSDTM	+0.0100%	8h	1,165.4	−0.074%	$137K	$71K	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.5	+0.964%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0225%	1h	1,165.4	−0.073%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0274%	1h	1,165.8	−0.039%	$1K	$7K	10x	as long as short