Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against HTX−0.054%7-day average — · you buy dearer than you sell

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

Long on HTX 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 0.054% cheaper against HTX than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.0 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	HTX LLY-USDT	1,162.5	0	get 0.0000% / 8h	6h 45m	$6K	$40K	20x
Short	Vest LLY-USD-PERP	1,161.9	0.0046	get 0.0006% / 1h	45m 37s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.054%Rate

Funding earned: $9.59
Price spread: −0.054% → 0.000%: −$5.42
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$9.83
Costs to cover: 0.140%
Break-even: 14.2 days

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

HTX and 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
Bybit LLYUSDT	0.0000%	8h	1,163	+0.041%	$1.3M	$582K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,162.7	+0.015%	$792K	$637K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,162.9	+0.035%	$1.3M	$900K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163.5	+0.087%	$2.3M	$177K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,162.8	+0.024%	$244	$193K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163.5	+0.084%	$2K	$6.1M	10x	as long as short
HTX LLY-USDTlong	0.0000%	8h	1,162.5	long leg	$6K	$40K	20x
Aftermath Perps LLYUSD	+0.0004%	1h	1,162.6	+0.006%	$47K	$42K	5x	as long as short
Aster LLYUSDT	+0.0017%	8h	1,162.9	+0.035%	$23K	$3K	20x	as long as short
QFEX LLY-USD	+0.0026%	1h	1,163.2	+0.061%	$1.2M	$4.8M	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni LLY	+0.0034%	8h	1,163.4	+0.080%	$191K	$17K	—	as long as short
Vest LLY-USD-PERPshort	+0.0046%	1h	1,161.9	−0.054%	—	—	25x
KuCoin LLYUSDTM	+0.0100%	8h	1,162.9	+0.033%	$137K	$75K	20x	as long as short
tradeXYZ xyz:LLY	+0.0105%	1h	1,162.5	−0.002%	$8.6M	$1.2M	10x	as long as short
BloFin LLY-USDT	+0.0129%	8h	1,162.8	+0.022%	$84K	$85K	20x	as long as short
Binance LLYUSDT	+0.0143%	8h	1,163.4	+0.072%	$2.0M	$3.1M	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,174.8	+1.056%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0253%	1h	1,162.6	+0.007%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0275%	1h	1,163.1	+0.050%	$1K	$7K	10x	as long as short