Settings8H · net · $10k
Funding arb · Price arb /

LLY

RWAall LLY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h −0.007%
Price spread now: Injective against Nado+1.102%109s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 1.102% dearer against Nado than usual: you sell high and buy low (spread +1.102% now, against zero (this spread has no 7-day history yet)): +$110 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 58 days. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado LLY-PERP1,163.30.0284pay 0.0035% / 1h57m 27s$39K$25110x
ShortInjective LLY/USDC PERP1,176.10.0220get 0.0028% / 1h57m 27s$7K$24K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$13.34
Price spread: +1.102% → 0.000%
$110.2
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$89.84
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Nado: no order-book sample; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado no order-book sample
Sell Injective no order-book sample
Nado and 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 18 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%8h1,163.1−0.015%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,164.2+0.079%$793K$645K20xas long as short
Gate LLY_USDT0.0000%8h1,163.6+0.023%$1.3M$901K25xas long as short
Bitget LLYUSDT0.0000%8h1,164+0.064%$2.3M$176K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.9+0.055%$210$190K10xas long as short
SunX LLY-USDT0.0000%8h1,164.2+0.079%$2K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,161.3−0.169%$6K$40K20xas long as short
Aftermath Perps LLYUSD+0.0022%1h1,163−0.024%$47K$41K5xas long as short
Variational Omni LLY+0.0022%8h1,163.7+0.037%$192K$18Kas long as short
QFEX LLY-USD+0.0043%1h1,163.9+0.052%$1.2M$4.7M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LLY-USD-PERP+0.0046%1h1,162.8−0.043%25xas long as short
Aster LLYUSDT+0.0061%8h1,163.7+0.037%$24K$3K20xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.3+0.002%$137K$76K20xas long as short
Binance LLYUSDT+0.0158%8h1,164.2+0.079%$2.0M$3.1M20xas long as short
Injective LLY/USDC PERPshort+0.0220%1h1,176.1+1.102%$7K$24K12x
tradeXYZ xyz:LLY+0.0260%1h1,164.2+0.079%$8.7M$1.2M10xas long as short
Phoenix LLY+0.0275%1h1,163.7+0.036%$1K$7K10xas long as short
Nado LLY-PERPlong+0.0284%1h1,163.3long leg$39K$25110x