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−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Bitget against Injective−0.952%91s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.952% cheaper against Injective than usual: you would sell low and buy high (−$95 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LLY/USDC PERP1,178.30.0220pay 0.0028% / 1h1m 55s$10K$21K12x
ShortBitget LLYUSDT1,167.10get 0.0000% / 8h1m 55s$2.3M$175K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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
−$46.2
Price spread: −0.952% → 0.000%
−$95.22
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$153.44
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 5 min ago. 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 Injective no order-book sample
Sell Bitget live order book, 5 min ago6.72 bp13.4 bp −$1342.0 bp −$420doesn't fitdoesn't fit
Injective: 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%8h1,166.5−1.005%$1.3M$631K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,166.2−1.027%$818K$572K20xas long as short
Gate LLY_USDT0.0000%8h1,166.6−0.995%$1.3M$901K25xas long as short
Bitget LLYUSDTshort0.0000%8h1,167.1−0.952%$2.3M$175K20x
SunX LLY-USDT0.0000%8h1,166.6−0.993%$1K$6.4M10xas long as short
HTX LLY-USDT0.0000%8h1,165.7−1.067%$5K$41K20xas long as short
Aftermath Perps LLYUSD+0.0005%1h1,166.7−0.984%$47K$42K5xas long as short
QFEX LLY-USD+0.0023%1h1,166.4−1.013%$1.2M$5.2M10xas long as short
Nado LLY-PERP+0.0044%1h1,166.4−1.013%$39K$25110xas long as short
Vest LLY-USD-PERP+0.0046%1h1,166.3−1.022%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:LLY+0.0050%1h1,166.4−1.010%$8.6M$1.1M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,166.7−0.984%$138K$78K20xas long as short
Aster LLYUSDT+0.0159%8h1,166.3−1.022%$24K$3K20xas long as short
Variational Omni LLY+0.0167%8h1,166.2−1.026%$191K$17Kas long as short
Injective LLY/USDC PERPlong+0.0220%1h1,178.3long leg$10K$21K12x
Binance LLYUSDT+0.0336%8h1,166.8−0.978%$2.0M$3.1M20xas long as short
Phoenix LLY+0.0343%1h1,165.8−1.061%$1K$7K10xas long as short
BloFin LLY-USDT+0.0350%8h1,166.6−0.993%$84K$85K20xas long as short
GRVT LLY_USDT_Perp+0.0456%8h1,166.3−1.015%$222$203K10xas long as short