Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.017%

Price spread now: Aftermath Perps against Gate+0.052%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Aftermath Perps

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—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.052% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LLY_USDT	1,164.7	0	get 0.0000% / 8h	2h 31m	$1.3M	$911K	25x
Short	Aftermath Perps LLYUSD	1,165.3	0.0020	get 0.0003% / 1h	31m 25s	$47K	$41K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Gate. 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 GatebpFee Aftermath PerpsbpOrdersPrice spread, now +0.052%Rate

Funding earned: $4.22
Price spread: +0.052% → 0.000%: $5.17
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$14.6
Costs to cover: 0.240%
Break-even: 31.2 days

Slippage unknown: Gate: live order book, 1 min ago; Aftermath Perps: 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 Gate live order book, 1 min ago	9.92 bp	23.6 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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
Aster LLYUSDT	0.0000%	8h	1,164.5	−0.017%	$24K	$3K	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.1	+0.034%	$1.3M	$837K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.1	+0.033%	$819K	$567K	20x	as long as short
Gate LLY_USDTlong	0.0000%	8h	1,164.7	long leg	$1.3M	$911K	25x
Bitget LLYUSDT	0.0000%	8h	1,165.8	+0.094%	$2.3M	$176K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.3	+0.050%	$191K	$19K	—	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.3	+0.050%	$2K	$6.7M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.9	−0.070%	$5K	$40K	20x	as long as short
QFEX LLY-USD	+0.0006%	1h	1,165.4	+0.054%	$1.2M	$4.8M	10x	as long as short
Aftermath Perps LLYUSDshort	+0.0020%	1h	1,165.3	+0.052%	$47K	$41K	5x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance LLYUSDT	+0.0026%	8h	1,165.2	+0.044%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDT	+0.0037%	8h	1,165.1	+0.029%	$84K	$83K	20x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166.2	+0.126%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,165.3	+0.050%	$8.6M	$1.1M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,164.7	−0.002%	$139K	$62K	20x	as long as short
Nado LLY-PERP	+0.0160%	1h	1,165.3	+0.052%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.4	+1.089%	$10K	$21K	12x	as long as short
GRVT LLY_USDT_Perp	+0.0260%	8h	1,165.5	+0.064%	$455	$209K	10x	as long as short
Phoenix LLY	+0.0343%	1h	1,165.9	+0.101%	$1K	$7K	10x	as long as short