Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.086%

Price spread now: OKX against GRVT+0.076%7-day average −0.016% · you sell dearer than you buy

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

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.253%−$25 on $10k

Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.076%, 7d avg −0.016%

Together, before fees−0.365%+ Points / potential airdropGRVT: Active · farm board−$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.091% dearer against GRVT than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LLY_USDT_Perp	1,163.2	0	get 0.0000% / 8h	4h 19m	$221	$186K	10x
Short	OKX LLY-USDT-SWAP	1,164.1	0	get 0.0000% / 8h	4h 19m	$790K	$645K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee GRVTbpFee OKXbpOrdersPrice spread, now +0.076%Rate

Funding earned: $0
Price spread: +0.076% → −0.016%: $9.15
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$9.85
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 34 min ago; OKX: live order book, 37 min ago. 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 GRVT live order book, 34 min ago	2.71 bp	13.2 bp −$13	44569.9 bp −$445.7K	535347.1 bp −$53.53M	doesn't fit
Sell OKX live order book, 37 min ago	5.16 bp	37.0 bp −$37	doesn't fit	doesn't fit	doesn't fit

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	1,163.5	+0.022%	$24K	$3K	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,163.3	+0.003%	$1.3M	$521K	25x	as long as short
OKX LLY-USDT-SWAPshort	0.0000%	8h	1,164.1	+0.076%	$790K	$645K	20x
Gate LLY_USDT	0.0000%	8h	1,163.7	+0.040%	$1.3M	$881K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164.1	+0.071%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,163.7	+0.045%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perplong	0.0000%	8h	1,163.2	long leg	$221	$186K	10x
SunX LLY-USDT	0.0000%	8h	1,164.4	+0.101%	$2K	$5.8M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,161.7	−0.133%	$5K	$41K	20x	as long as short
Binance LLYUSDT	+0.0007%	8h	1,163.9	+0.058%	$2.0M	$3.1M	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LLYUSD	+0.0017%	1h	1,163.6	+0.032%	$47K	$41K	5x	as long as short
BloFin LLY-USDT	+0.0026%	8h	1,164.4	+0.101%	$84K	$85K	20x	as long as short
QFEX LLY-USD	+0.0035%	1h	1,163.9	+0.061%	$1.2M	$4.2M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.8	−0.034%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,163.7	+0.041%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.6	+0.033%	$137K	$74K	20x	as long as short
Nado LLY-PERP	+0.0112%	1h	1,163	−0.020%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,175.1	+1.021%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0275%	1h	1,163.5	+0.024%	$1K	$7K	10x	as long as short