Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.8% APRpaid last 24h −0.072%

Price spread now: OKX against Nado+0.051%7-day average — · you sell dearer than you buy

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

Long on Nado Short on OKX

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 airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.051% dearer against Nado than usual: you sell high and buy low, +$5 on $10k if it 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	Nado LLY-PERP	1,166.9	0.0008	pay 0.0001% / 1h	17m 35s	$39K	$251	10x
Short	OKX LLY-USDT-SWAP	1,167.5	0	get 0.0000% / 8h	17m 35s	$819K	$573K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.051%Rate

Funding earned: −$1.58
Price spread: +0.051% → 0.000%: $5.15
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$13.43
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; OKX: live order book, 59 min ago. 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 OKX live order book, 59 min ago	3.00 bp	21.3 bp −$21	doesn't fit	doesn't fit	doesn't fit

Nado: 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	1,167	+0.008%	$1.3M	$631K	25x	as long as short
OKX LLY-USDT-SWAPshort	0.0000%	8h	1,167.5	+0.051%	$819K	$573K	20x
Gate LLY_USDT	0.0000%	8h	1,166.8	−0.011%	$1.3M	$900K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,167.4	+0.046%	$2.3M	$175K	20x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.8	−0.009%	$1K	$6.5M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,166	−0.081%	$5K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0003%	1h	1,166.7	−0.017%	$47K	$42K	5x	as long as short
Nado LLY-PERPlong	+0.0008%	1h	1,166.9	long leg	$39K	$251	10x
QFEX LLY-USD	+0.0023%	1h	1,166.5	−0.038%	$1.2M	$5.1M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166.6	−0.025%	—	—	25x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:LLY	+0.0050%	1h	1,166.8	−0.009%	$8.6M	$1.1M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,166.7	−0.017%	$138K	$81K	20x	as long as short
Aster LLYUSDT	+0.0117%	8h	1,166.2	−0.058%	$24K	$3K	20x	as long as short
Variational Omni LLY	+0.0132%	8h	1,166.6	−0.023%	$191K	$19K	—	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,178.5	+0.994%	$10K	$21K	12x	as long as short
Binance LLYUSDT	+0.0301%	8h	1,166.7	−0.016%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDT	+0.0306%	8h	1,167	+0.009%	$84K	$85K	20x	as long as short
Phoenix LLY	+0.0343%	1h	1,166.7	−0.017%	$1K	$7K	10x	as long as short
GRVT LLY_USDT_Perp	+0.0444%	8h	1,166.6	−0.024%	$397	$206K	10x	as long as short