Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Gate−0.040%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Vest

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 airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.040% cheaper against Gate than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LLY_USDT	1,163.2	0	get 0.0000% / 8h	4h 23m	$1.3M	$880K	25x
Short	Vest LLY-USD-PERP	1,162.8	0.0046	get 0.0006% / 1h	23m 24s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.040%Rate

Funding earned: $9.59
Price spread: −0.040% → 0.000%: −$4.04
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$11.45
Costs to cover: 0.170%
Break-even: 15.4 days

Slippage unknown: Gate: live order book, 4 min ago; Vest: 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, 4 min ago	9.55 bp	36.7 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
BloFin LLY-USDT	−0.0008%	8h	1,163.5	+0.020%	$84K	$85K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,163.2	−0.004%	$23K	$3K	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,162.8	−0.034%	$1.3M	$521K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.5	+0.023%	$790K	$645K	20x	as long as short
Gate LLY_USDTlong	0.0000%	8h	1,163.2	long leg	$1.3M	$880K	25x
Bitget LLYUSDT	0.0000%	8h	1,164	+0.068%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,163.5	+0.024%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,163.4	+0.012%	$221	$186K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163.5	+0.023%	$1K	$5.8M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.1	−0.094%	$5K	$40K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance LLYUSDT	+0.0009%	8h	1,163.4	+0.015%	$2.0M	$3.1M	20x	as long as short
Aftermath Perps LLYUSD	+0.0015%	1h	1,163.4	+0.013%	$47K	$41K	5x	as long as short
QFEX LLY-USD	+0.0035%	1h	1,163.5	+0.024%	$1.2M	$4.3M	10x	as long as short
Vest LLY-USD-PERPshort	+0.0046%	1h	1,162.8	−0.040%	—	—	25x
tradeXYZ xyz:LLY	+0.0050%	1h	1,163.4	+0.015%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.3	+0.006%	$137K	$73K	20x	as long as short
Nado LLY-PERP	+0.0104%	1h	1,162.9	−0.026%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,175.1	+1.020%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0275%	1h	1,163.5	+0.023%	$1K	$7K	10x	as long as short