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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0444%/8h= −48.6% APRnext payment $4.44 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against GRVT−0.065%77s7-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 5 days (all we have)no history yet
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 against this trade now: funding costs −$13 a day on $10k at the current rate, and HTX is 0.065% cheaper against GRVT than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LLY_USDT_Perp1,166.70.0444pay 0.0444% / 8h18m 00s$397$206K10x
ShortHTX LLY-USDT1,1660get 0.0000% / 8h18m 00s$5K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$93.24
Price spread: −0.065% → 0.000%
−$6.47
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$120.71
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 59 min ago; HTX: 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, 59 min ago2.06 bp562.7 bp −$56395574.5 bp −$955.7K1044536.0 bp −$104.45Mdoesn't fit
Sell HTX no order-book sample
HTX: 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%8h1,167+0.024%$1.3M$631K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,167.5+0.068%$819K$573K20xas long as short
Gate LLY_USDT0.0000%8h1,166.7−0.005%$1.3M$900K25xas long as short
Bitget LLYUSDT0.0000%8h1,167.6+0.073%$2.3M$175K20xas long as short
SunX LLY-USDT0.0000%8h1,166.8+0.008%$1K$6.5M10xas long as short
HTX LLY-USDTshort0.0000%8h1,166−0.065%$5K$40K20x
Aftermath Perps LLYUSD+0.0003%1h1,166.70.000%$47K$42K5xas long as short
Nado LLY-PERP+0.0006%1h1,166.8+0.010%$39K$25110xas long as short
QFEX LLY-USD+0.0023%1h1,166.5−0.018%$1.2M$5.1M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,166.6−0.008%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:LLY+0.0050%1h1,166.8+0.008%$8.6M$1.1M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,166.70.000%$138K$81K20xas long as short
Aster LLYUSDT+0.0114%8h1,166.2−0.044%$24K$3K20xas long as short
Variational Omni LLY+0.0132%8h1,166.6−0.007%$191K$19Kas long as short
Injective LLY/USDC PERP+0.0220%1h1,178.5+1.011%$10K$21K12xas long as short
Binance LLYUSDT+0.0300%8h1,166.8+0.012%$2.0M$3.1M20xas long as short
BloFin LLY-USDT+0.0306%8h1,167+0.025%$84K$85K20xas long as short
Phoenix LLY+0.0343%1h1,166.70.000%$1K$7K10xas long as short
GRVT LLY_USDT_Perplong+0.0444%8h1,166.7long leg$397$206K10x