Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.006%

Price spread now: Nado against BloFin−0.002%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Nado

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 airdropNado: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LLY-USDT	1,163	0.0183	pay 0.0183% / 8h	7h 03m	$84K	$85K	20x
Short	Nado LLY-PERP	1,163	0.0190	get 0.0024% / 1h	3m 13s	$39K	$251	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.002%Rate

Funding earned: $1.27
Price spread: −0.002% → 0.000%: −$0.17
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$17.9
Costs to cover: 0.190%
Break-even: 105.3 days

Slippage unknown: BloFin: no order-book sample; Nado: 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 Nado no order-book sample	—	—	—	—	—

BloFin and Nado: 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	1,163.3	+0.021%	$1.3M	$582K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.2	+0.014%	$793K	$629K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,163	−0.005%	$1.3M	$905K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164.1	+0.090%	$2.3M	$177K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,162.9	−0.015%	$221	$194K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163	−0.003%	$2K	$6.2M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,161	−0.175%	$6K	$40K	20x	as long as short
QFEX LLY-USD	+0.0004%	1h	1,163	0.000%	$1.2M	$4.9M	10x	as long as short
Aftermath Perps LLYUSD	+0.0009%	1h	1,162.5	−0.047%	$47K	$42K	5x	as long as short
Aster LLYUSDT	+0.0045%	8h	1,163.3	+0.021%	$23K	$3K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest LLY-USD-PERP	+0.0046%	1h	1,162.6	−0.035%	—	—	25x	as long as short
Variational Omni LLY	+0.0071%	8h	1,162.9	−0.012%	$191K	$17K	—	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.2	+0.014%	$137K	$75K	20x	as long as short
tradeXYZ xyz:LLY	+0.0147%	1h	1,162.5	−0.046%	$8.6M	$1.2M	10x	as long as short
Binance LLYUSDT	+0.0182%	8h	1,163	−0.005%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDTlong	+0.0183%	8h	1,163	long leg	$84K	$85K	20x
Nado LLY-PERPshort	+0.0190%	1h	1,163	−0.002%	$39K	$251	10x
Phoenix LLY	+0.0206%	1h	1,163.2	+0.014%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,176.6	+1.166%	$7K	$24K	12x	as long as short