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−0.0351%/8h= −38.4% APRnext payment $3.51 per $10,000 · paid last 24h −0.035%
Price spread now: Bitget against BloFin+0.067%55s7-day average · you sell dearer than you buy
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−0.199%−$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bitget is 0.067% dearer against BloFin than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.199% in total) that is about 2.4 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.199% in total (about -10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LLY-USDT1,165.50.0351pay 0.0351% / 8h7h 56m$84K$84K20x
ShortBitget LLYUSDT1,166.30get 0.0000% / 8h7h 56m$2.3M$178K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$73.66
Price spread: +0.067% → 0.000%
$6.69
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$90.97
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 1 min ago. 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 BloFin no order-book sample
Sell Bitget live order book, 1 min ago5.83 bp12.7 bp −$13290.9 bp −$2,909doesn't fitdoesn't fit
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 LLYUSDT−0.0152%8h1,165.8+0.022%$1.3M$625K25xas long as short
Nado LLY-PERP−0.0023%1h1,166.1+0.049%$39K$25110xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,165.4−0.010%$817K$575K20xas long as short
Gate LLY_USDT0.0000%8h1,165.6+0.010%$1.3M$895K25xas long as short
Bitget LLYUSDTshort0.0000%8h1,166.3+0.067%$2.3M$178K20x
SunX LLY-USDT0.0000%8h1,165.6+0.007%$1K$6.4M10xas long as short
HTX LLY-USDT0.0000%8h1,166.8+0.113%$5K$41K20xas long as short
QFEX LLY-USD+0.0004%1h1,165.7+0.014%$1.2M$5.2M10xas long as short
Aftermath Perps LLYUSD+0.0008%1h1,166.1+0.048%$47K$42K5xas long as short
tradeXYZ xyz:LLY+0.0018%1h1,165.8+0.024%$8.6M$1.1M10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LLY-USD-PERP+0.0046%1h1,166.1+0.053%25xas long as short
KuCoin LLYUSDTM+0.0100%8h1,166.2+0.058%$137K$77K20xas long as short
Aster LLYUSDT+0.0164%8h1,167.1+0.136%$24K$3K20xas long as short
Variational Omni LLY+0.0179%8h1,165.5+0.002%$191K$17Kas long as short
Injective LLY/USDC PERP+0.0220%1h1,178.3+1.097%$10K$21K12xas long as short
Binance LLYUSDT+0.0331%8h1,165.7+0.017%$2.0M$3.1M20xas long as short
Phoenix LLY+0.0343%1h1,167.1+0.136%$1K$7K10xas long as short
BloFin LLY-USDTlong+0.0351%8h1,165.5long leg$84K$84K20x
GRVT LLY_USDT_Perp+0.0466%8h1,166.7+0.098%$222$203K10xas long as short