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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against OKX+0.039%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$870.873% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.039%, 7d avg +0.021%
Together, before fees+0.034%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LLY-USDT-SWAP1,165.20get 0.0000% / 8h2h 52m$790K$579K20x
ShortBybit LLYUSDT1,165.70get 0.0000% / 8h2h 52m$1.3M$526K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.039% → +0.021%
$1.81
Slippage, 4 orders
−$66.28
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$85.47
Costs to cover
0.873%
Break-even
never at this rate
Slippage from OKX: live order book, 59 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 59 min ago2.58 bp19.5 bp −$20390.6 bp −$3,906doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago3.13 bp20.4 bp −$20doesn't fitdoesn't fitdoesn't fit

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
Aster LLYUSDT0.0000%8h1,165.7+0.044%$24K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,165.7+0.040%$2.0M$3.1M20xas long as short
Bybit LLYUSDTshort0.0000%8h1,165.7+0.039%$1.3M$526K25x
OKX LLY-USDT-SWAPlong0.0000%8h1,165.2long leg$790K$579K20x
Gate LLY_USDT0.0000%8h1,165.4+0.014%$1.3M$826K25xas long as short
Bitget LLYUSDT0.0000%8h1,166.3+0.091%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,165.7+0.042%$193K$16Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,165.7+0.041%$233$182K10xas long as short
SunX LLY-USDT0.0000%8h1,165.7+0.043%$2K$5.8M10xas long as short
HTX LLY-USDT0.0000%8h1,164−0.101%$5K$41K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0011%1h1,165.6+0.032%$1.2M$3.9M10xas long as short
Aftermath Perps LLYUSD+0.0014%1h1,165.4+0.017%$47K$40K5xas long as short
tradeXYZ xyz:LLY+0.0026%1h1,165.3+0.009%$8.7M$1.2M10xas long as short
BloFin LLY-USDT+0.0027%8h1,165.9+0.061%$84K$86K20xas long as short
Vest LLY-USD-PERP+0.0046%1h1,165.5+0.022%25xas long as short
KuCoin LLYUSDTM+0.0100%8h1,165.4+0.017%$137K$71K20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177.5+1.056%$7K$24K12xas long as short
Nado LLY-PERP+0.0225%1h1,165.4+0.018%$39K$25110xas long as short
Phoenix LLY+0.0274%1h1,165.8+0.051%$1K$7K10xas long as short