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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0161%/8h= −17.6% APRpaid last 24h +0.059%
Price spread now: Nado against Bybit−0.047%59s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Nado is 0.047% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LLYUSDT1,165.30get 0.0000% / 8h7h 30m$1.3M$295K25x
ShortNado LLY-PERP1,164.7−0.0161pay 0.0020% / 1h30m 32s$39K$25110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$33.72
Price spread: −0.047% → 0.000%
−$4.74
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$56.46
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, just now; 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, just now7.51 bp15.3 bp −$15634.0 bp −$6,340doesn't fitdoesn't fit
Sell Nado no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LLY-PERPshort−0.0161%1h1,164.7−0.047%$39K$25110x
BloFin LLY-USDT−0.0005%8h1,165.5+0.018%$84K$85K20xas long as short
Aster LLYUSDT0.0000%8h1,165.5+0.022%$24K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,165.1−0.017%$2.0M$3.0M20xas long as short
Bybit LLYUSDTlong0.0000%8h1,165.3long leg$1.3M$295K25x
OKX LLY-USDT-SWAP0.0000%8h1,165.2−0.006%$794K$562K20xas long as short
Gate LLY_USDT0.0000%8h1,165.2−0.003%$1.3M$642K25xas long as short
Bitget LLYUSDT0.0000%8h1,165.5+0.016%$2.3M$126K20xas long as short
Variational Omni LLY0.0000%8h1,165−0.026%$191K$20Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,165.6+0.032%$221$166K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LLY-USDT0.0000%8h1,165.3+0.003%$1K$5.4M10xas long as short
HTX LLY-USDT0.0000%8h1,165.7+0.038%$5K$41K20xas long as short
Aftermath Perps LLYUSD+0.0016%1h1,165.7+0.033%$47K$27K5xas long as short
QFEX LLY-USD+0.0035%1h1,165.2−0.004%$1.2M$3.0M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,164−0.113%25xas long as short
tradeXYZ xyz:LLY+0.0049%1h1,165.3+0.003%$8.7M$1.1M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,165−0.023%$137K$109K20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177.7+1.067%$7K$24K12xas long as short
Phoenix LLY+0.0412%1h1,165.6+0.028%$1K$7K10xas long as short