Settings8H · net · $10k
Funding arb · Price arb /

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0300%/8h= +32.9% APRnext payment +$3.00 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against Bybit+0.008%102s7-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+0.118%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 102 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 0.118% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.00 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
LongBybit LLYUSDT1,166.90get 0.0000% / 8h21m 24s$1.3M$631K25x
ShortBloFin LLY-USDT1,1670.0300get 0.0300% / 8h21m 24s$84K$85K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$63.05
Price spread: +0.008% → 0.000%
$0.77
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$40.82
Costs to cover
0.230%
Break-even
2.5 days
Slippage unknown: Bybit: live order book, 5 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago3.81 bp23.9 bp −$24403.6 bp −$4,036doesn't fitdoesn't fit
Sell BloFin no order-book sample
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
Nado LLY-PERP−0.0002%1h1,166.8−0.010%$39K$25110xas long as short
Bybit LLYUSDTlong0.0000%8h1,166.9long leg$1.3M$631K25x
OKX LLY-USDT-SWAP0.0000%8h1,167.5+0.049%$819K$573K20xas long as short
Gate LLY_USDT0.0000%8h1,166.8−0.010%$1.3M$899K25xas long as short
Bitget LLYUSDT0.0000%8h1,167.5+0.045%$2.3M$175K20xas long as short
SunX LLY-USDT0.0000%8h1,166.8−0.011%$2K$6.5M10xas long as short
HTX LLY-USDT0.0000%8h1,165−0.163%$5K$40K20xas long as short
Aftermath Perps LLYUSD+0.0003%1h1,166.7−0.020%$47K$42K5xas long as short
QFEX LLY-USD+0.0023%1h1,166.7−0.019%$1.2M$5.1M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,166.6−0.028%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:LLY+0.0050%1h1,166.8−0.011%$8.6M$1.1M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,166.7−0.020%$138K$81K20xas long as short
Aster LLYUSDT+0.0106%8h1,166.2−0.058%$24K$3K20xas long as short
Variational Omni LLY+0.0122%8h1,166.6−0.031%$191K$19Kas long as short
Injective LLY/USDC PERP+0.0220%1h1,178.5+0.991%$10K$21K12xas long as short
Binance LLYUSDT+0.0294%8h1,166.8−0.009%$2.0M$3.1M20xas long as short
BloFin LLY-USDTshort+0.0300%8h1,167+0.008%$84K$85K20x
Phoenix LLY+0.0343%1h1,166.7−0.020%$1K$7K10xas long as short
GRVT LLY_USDT_Perp+0.0444%8h1,166.7−0.019%$397$206K10xas long as short