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+0.0262%/8h= +28.7% APRnext payment +$2.62 per $10,000 · paid last 24h +0.022%
Price spread now: BloFin against GRVT+0.021%7-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+0.003%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.021% dearer against GRVT than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.003% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.62 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
LongGRVT LLY_USDT_Perp1,164.50get 0.0000% / 8h7h 32m$221$198K10x
ShortBloFin LLY-USDT1,164.80.0262get 0.0262% / 8h7h 32m$84K$85K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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
$55.09
Price spread: +0.021% → 0.000%
$2.15
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$36.24
Costs to cover
0.210%
Break-even
2.4 days
Slippage unknown: GRVT: live order book, 35 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 GRVT live order book, 35 min ago1.29 bp1844.5 bp −$1,845108390.3 bp −$1.08M1172392.4 bp −$117.24Mdoesn'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
Bybit LLYUSDT0.0000%8h1,164.4−0.009%$1.3M$576K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,162.6−0.166%$813K$577K20xas long as short
Gate LLY_USDT0.0000%8h1,164.3−0.023%$1.3M$897K25xas long as short
Bitget LLYUSDT0.0000%8h1,165.1+0.050%$2.3M$178K20xas long as short
GRVT LLY_USDT_Perplong0.0000%8h1,164.5long leg$221$198K10x
SunX LLY-USDT0.0000%8h1,164.7+0.015%$1K$6.3M10xas long as short
HTX LLY-USDT0.0000%8h1,162.7−0.156%$5K$40K20xas long as short
QFEX LLY-USD+0.0004%1h1,164.5−0.005%$1.2M$5.1M10xas long as short
Aftermath Perps LLYUSD+0.0009%1h1,164.7+0.012%$47K$42K5xas long as short
Vest LLY-USD-PERP+0.0046%1h1,164.6+0.003%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:LLY+0.0050%1h1,163.5−0.088%$8.6M$1.1M10xas long as short
Nado LLY-PERP+0.0085%1h1,165.2+0.060%$39K$25110xas long as short
KuCoin LLYUSDTM+0.0100%8h1,165+0.040%$138K$75K20xas long as short
Aster LLYUSDT+0.0115%8h1,165.4+0.075%$24K$3K20xas long as short
Variational Omni LLY+0.0136%8h1,164.3−0.024%$191K$17Kas long as short
Phoenix LLY+0.0206%1h1,164.6+0.006%$1K$7K10xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177.4+1.105%$10K$21K12xas long as short
BloFin LLY-USDTshort+0.0262%8h1,164.8+0.021%$84K$85K20x
Binance LLYUSDT+0.0270%8h1,164.7+0.011%$2.0M$3.1M20xas long as short