Funding arb · Price arb /

LLY

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.014%

Price spread now: Aftermath Perps against OKX−0.057%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Aftermath Perps

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—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.057% cheaper against OKX than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 16 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LLY-USDT-SWAP	1,163.9	0	get 0.0000% / 8h	6h 20m	$792K	$645K	20x
Short	Aftermath Perps LLYUSD	1,163.2	0.0012	get 0.0001% / 1h	20m 44s	$47K	$41K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against OKX. 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 OKXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.057%Rate

Funding earned: $2.5
Price spread: −0.057% → 0.000%: −$5.7
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$22.2
Costs to cover: 0.190%
Break-even: 69.2 days

Slippage unknown: OKX: live order book, 45 min ago; Aftermath Perps: 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 OKX live order book, 45 min ago	3.44 bp	16.7 bp −$17	352.0 bp −$3,520	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LLYUSDT	0.0000%	8h	1,163.2	−0.059%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAPlong	0.0000%	8h	1,163.9	long leg	$792K	$645K	20x
Gate LLY_USDT	0.0000%	8h	1,163.7	−0.021%	$1.3M	$905K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164.1	+0.017%	$2.3M	$173K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,164.7	+0.065%	$245	$191K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,164	+0.009%	$2K	$6.1M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.2	−0.061%	$5K	$40K	20x	as long as short
Aftermath Perps LLYUSDshort	+0.0012%	1h	1,163.2	−0.057%	$47K	$41K	5x
Variational Omni LLY	+0.0014%	8h	1,163.9	−0.001%	$192K	$18K	—	as long as short
QFEX LLY-USD	+0.0026%	1h	1,163.3	−0.050%	$1.2M	$4.7M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LLYUSDT	+0.0037%	8h	1,163.5	−0.031%	$24K	$3K	20x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.1	−0.153%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0084%	1h	1,163.2	−0.060%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.1	−0.069%	$137K	$75K	20x	as long as short
Binance LLYUSDT	+0.0149%	8h	1,164.1	+0.018%	$2.0M	$3.1M	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,176	+1.040%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0275%	1h	1,164.4	+0.043%	$1K	$7K	10x	as long as short
Nado LLY-PERP	+0.0282%	1h	1,162.7	−0.099%	$39K	$251	10x	as long as short