Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.001%

Price spread now: Injective against BloFin+1.083%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Injective

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

The price spread pays, funding is against you. Injective is 1.083% dearer against BloFin than usual: you sell high and buy low (spread +1.083% now, against zero (this spread has no 7-day history yet)): +$108 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LLY-USDT	1,164.8	0.0262	pay 0.0262% / 8h	7h 32m	$84K	$85K	20x
Short	Injective LLY/USDC PERP	1,177.4	0.0220	get 0.0028% / 1h	32m 30s	$10K	$21K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee BloFinbpFee InjectivebpOrdersPrice spread, now +1.083%Rate

Funding earned: −$8.89
Price spread: +1.083% → 0.000%: $108.35
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $87.44
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: no order-book sample; Injective: 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 BloFin no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

BloFin and Injective: 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
Bybit LLYUSDT	0.0000%	8h	1,164.1	−0.058%	$1.3M	$576K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,162.6	−0.187%	$813K	$577K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,164.1	−0.063%	$1.3M	$897K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,165.1	+0.028%	$2.3M	$178K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,164.5	−0.021%	$221	$198K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,164.7	−0.007%	$1K	$6.3M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.7	−0.178%	$5K	$40K	20x	as long as short
QFEX LLY-USD	+0.0004%	1h	1,163.7	−0.093%	$1.2M	$5.1M	10x	as long as short
Aftermath Perps LLYUSD	+0.0009%	1h	1,164.7	−0.010%	$47K	$42K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,163.6	−0.101%	—	—	25x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:LLY	+0.0050%	1h	1,164.9	+0.010%	$8.6M	$1.1M	10x	as long as short
Nado LLY-PERP	+0.0077%	1h	1,164.2	−0.052%	$39K	$251	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,164.9	+0.010%	$138K	$75K	20x	as long as short
Aster LLYUSDT	+0.0112%	8h	1,165	+0.018%	$24K	$3K	20x	as long as short
Variational Omni LLY	+0.0136%	8h	1,164.3	−0.045%	$191K	$17K	—	as long as short
Phoenix LLY	+0.0206%	1h	1,164.6	−0.015%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERPshort	+0.0220%	1h	1,177.4	+1.083%	$10K	$21K	12x
BloFin LLY-USDTlong	+0.0262%	8h	1,164.8	long leg	$84K	$85K	20x
Binance LLYUSDT	+0.0267%	8h	1,164.7	−0.010%	$2.0M	$3.1M	20x	as long as short