Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0634%/8h= +69.4% APRpaid last 24h −0.025%

Price spread now: BloFin against Nado−0.141%7-day average — · you buy dearer than you sell

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

Long on Nado Short on BloFin

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. BloFin is 0.141% cheaper against Nado than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 18 hours of funding at the current rate (+$19 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LLY-PERP	1,162.2	−0.0614	get 0.0077% / 1h	51m 04s	$39K	$251	10x
Short	BloFin LLY-USDT	1,160.6	0.0020	get 0.0020% / 8h	5h 51m	$39K	$87K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Nado. 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 NadobpFee BloFinbpOrdersPrice spread, now −0.141%Rate

Funding earned: $133.06
Price spread: −0.141% → 0.000%: −$14.14
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $99.92
Costs to cover: 0.190%
Break-even: 1.7 days

Slippage unknown: Nado: no order-book sample; BloFin: 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 Nado no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Nado and BloFin: 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 exchanges

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
Nado LLY-PERPlong	−0.0614%	1h	1,162.2	long leg	$39K	$251	10x
tradeXYZ xyz:LLY	−0.0494%	1h	1,159.9	−0.197%	$8.7M	$1.2M	10x	as long as short
Aftermath Perps LLYUSD	−0.0005%	1h	1,160	−0.193%	$47K	$50K	5x	as long as short
Aster LLYUSDT	0.0000%	8h	1,162.3	+0.005%	$23K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,160.8	−0.122%	$2.0M	$3.4M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,160.2	−0.175%	$1.4M	$460K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,160.8	−0.120%	$811K	$583K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,160.1	−0.181%	$1.3M	$613K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,160.9	−0.113%	$2.3M	$180K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,160.4	−0.153%	$191K	$20K	—	as long as short

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LLY_USDT_Perp	0.0000%	8h	1,160.7	−0.128%	$267	$151K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,160.4	−0.154%	$2K	$4.7M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,158.4	−0.331%	$5K	$42K	20x	as long as short
BloFin LLY-USDTshort	+0.0020%	8h	1,160.6	−0.141%	$39K	$87K	20x
Vest LLY-USD-PERP	+0.0046%	1h	1,160.5	−0.143%	—	—	25x	as long as short
QFEX LLY-USD	+0.0058%	1h	1,160.6	−0.136%	$1.2M	$3.1M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,159	−0.275%	$140K	$218K	20x	as long as short
Phoenix LLY	+0.0207%	1h	1,160.8	−0.120%	$1K	$9K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,160	−0.189%	$20K	$37K	12x	as long as short