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+0.0122%/8h= +13.3% APRnext payment +$1.22 per $10,000 · paid last 24h +0.068%
Price spread now: Binance against Gate+0.013%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 7 days+0.088%+$9 · spread now +0.013%, 7d avg +0.092%
Together, before fees+0.312%+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.080% cheaper against Gate than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.092%). If the spread goes back, that is −$8 on $10k: about 2.2 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LLY_USDT1,163.30get 0.0000% / 8h5h 39m$1.3M$902K25x
ShortBinance LLYUSDT1,163.50.0122get 0.0122% / 8h5h 39m$2.0M$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$25.55
Price spread: +0.013% → +0.092%
−$7.96
Slippage, 4 orders
−$112.71
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$120.11
Costs to cover
1.377%
Break-even
39.9 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago10.96 bp36.1 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago2.36 bp14.5 bp −$1435.1 bp −$351doesn't fitdoesn't fit

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%8h1,162.9−0.032%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,164.1+0.068%$792K$645K20xas long as short
Gate LLY_USDTlong0.0000%8h1,163.3long leg$1.3M$902K25x
Bitget LLYUSDT0.0000%8h1,163.7+0.034%$2.3M$176K20xas long as short
Variational Omni LLY0.0000%8h1,163.7+0.031%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,164+0.061%$221$188K10xas long as short
SunX LLY-USDT0.0000%8h1,163.4+0.008%$2K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,162.3−0.083%$6K$40K20xas long as short
Aftermath Perps LLYUSD+0.0019%1h1,163−0.028%$47K$41K5xas long as short
Aster LLYUSDT+0.0037%8h1,163.3−0.004%$23K$3K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0043%1h1,163.5+0.017%$1.2M$4.6M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.7−0.049%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,163−0.027%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.2−0.009%$137K$73K20xas long as short
BloFin LLY-USDT+0.0113%8h1,163.9+0.053%$84K$84K20xas long as short
Nado LLY-PERP+0.0114%1h1,163.3−0.002%$39K$25110xas long as short
Binance LLYUSDTshort+0.0122%8h1,163.5+0.013%$2.0M$3.1M20x
Injective LLY/USDC PERP+0.0220%1h1,175.6+1.056%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,164+0.059%$1K$7K10xas long as short