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+0.0014%/8h= +1.6% APRnext payment +$0.14 per $10,000 · paid last 24h −0.037%
Price spread now: KuCoin against BloFin−0.077%95s7-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−0.083%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.077% cheaper against BloFin than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 18 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LLY-USDT1,163.90.0086pay 0.0086% / 8h5h 27m$84K$84K20x
ShortKuCoin LLYUSDTM1,1630.0100get 0.0100% / 8h5h 27m$137K$73K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$3.01
Price spread: −0.077% → 0.000%
−$7.73
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$28.72
Costs to cover
0.240%
Break-even
73.8 days
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 61 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 KuCoin live order book, 61 min ago12.91 bp793.9 bp −$794doesn't fitdoesn'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 LLYUSDT0.0000%8h1,162.6−0.109%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.5−0.034%$792K$645K20xas long as short
Gate LLY_USDT0.0000%8h1,162.8−0.095%$1.3M$902K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.4−0.046%$2.3M$176K20xas long as short
Variational Omni LLY0.0000%8h1,163.8−0.005%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.9+0.004%$210$189K10xas long as short
SunX LLY-USDT0.0000%8h1,163.2−0.060%$2K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,161−0.248%$6K$40K20xas long as short
Aftermath Perps LLYUSD+0.0018%1h1,162.7−0.104%$47K$41K5xas long as short
Aster LLYUSDT+0.0025%8h1,162.7−0.100%$23K$3K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0043%1h1,163.2−0.060%$1.2M$4.6M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.5−0.123%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,162.7−0.103%$8.7M$1.2M10xas long as short
BloFin LLY-USDTlong+0.0086%8h1,163.9long leg$84K$84K20x
KuCoin LLYUSDTMshort+0.0100%8h1,163−0.077%$137K$73K20x
Binance LLYUSDT+0.0102%8h1,163.3−0.051%$2.0M$3.1M20xas long as short
Nado LLY-PERP+0.0121%1h1,162.9−0.084%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.8+1.022%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,164.5+0.052%$1K$7K10xas long as short