Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h +0.014%

Price spread now: Aftermath Perps against HTX+0.105%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Aftermath Perps

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—needs both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aftermath Perps is 0.105% dearer against HTX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LLY-USDT	1,163.2	0	get 0.0000% / 8h	6h 25m	$5K	$40K	20x
Short	Aftermath Perps LLYUSD	1,164.4	0.0009	get 0.0001% / 1h	25m 57s	$47K	$41K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against HTX. 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 HTXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.105%Rate

Funding earned: $1.95
Price spread: +0.105% → 0.000%: $10.51
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$8.53
Costs to cover: 0.210%
Break-even: 37.6 days

Slippage unknown: HTX: no order-book sample; Aftermath Perps: 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 HTX no order-book sample	—	—	—	—	—
Sell Aftermath Perps no order-book sample	—	—	—	—	—

HTX and Aftermath Perps: 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 18 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
Bybit LLYUSDT	0.0000%	8h	1,163.8	+0.057%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.4	+0.019%	$792K	$644K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,164.2	+0.086%	$1.3M	$901K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164.5	+0.115%	$2.3M	$173K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,164.8	+0.139%	$210	$192K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,164.3	+0.096%	$2K	$6.1M	10x	as long as short
HTX LLY-USDTlong	0.0000%	8h	1,163.2	long leg	$5K	$40K	20x
Aftermath Perps LLYUSDshort	+0.0009%	1h	1,164.4	+0.105%	$47K	$41K	5x
Variational Omni LLY	+0.0014%	8h	1,164.2	+0.089%	$192K	$18K	—	as long as short
QFEX LLY-USD	+0.0026%	1h	1,164.4	+0.107%	$1.2M	$4.8M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LLYUSDT	+0.0029%	8h	1,164	+0.070%	$24K	$3K	20x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,163.7	+0.047%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0064%	1h	1,164.3	+0.096%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.4	+0.019%	$137K	$76K	20x	as long as short
Binance LLYUSDT	+0.0144%	8h	1,164.1	+0.080%	$2.0M	$3.1M	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,176	+1.102%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0270%	1h	1,163.1	−0.009%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0275%	1h	1,165.4	+0.191%	$1K	$7K	10x	as long as short