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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h −0.047%
Price spread now: Aster against Phoenix−0.036%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.036% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix LLY1,163.80.0206pay 0.0026% / 1h10m 48s$1K$7K10x
ShortAster LLYUSDT1,163.40.0062get 0.0062% / 8h7h 10m$24K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Phoenix. 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
−$30.23
Price spread: −0.036% → 0.000%
−$3.6
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$48.83
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Aster: 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 Phoenix no order-book sample
Sell Aster no order-book sample
Phoenix and Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LLYUSDT0.0000%8h1,162.9−0.078%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,161.6−0.189%$811K$579K20xas long as short
Gate LLY_USDT0.0000%8h1,162.7−0.096%$1.3M$901K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.8+0.003%$2.3M$173K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,162.8−0.087%$267$196K10xas long as short
SunX LLY-USDT0.0000%8h1,162.8−0.086%$1K$6.2M10xas long as short
HTX LLY-USDT0.0000%8h1,161−0.241%$5K$40K20xas long as short
QFEX LLY-USD+0.0004%1h1,163−0.073%$1.2M$5.0M10xas long as short
Aftermath Perps LLYUSD+0.0013%1h1,162.2−0.139%$47K$42K5xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.1−0.143%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LLYUSDTshort+0.0062%8h1,163.4−0.036%$24K$3K20x
Variational Omni LLY+0.0081%8h1,162.8−0.088%$191K$17Kas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.1−0.060%$137K$75K20xas long as short
tradeXYZ xyz:LLY+0.0141%1h1,162.3−0.129%$8.6M$1.2M10xas long as short
BloFin LLY-USDT+0.0188%8h1,163−0.072%$84K$85K20xas long as short
Nado LLY-PERP+0.0195%1h1,162.6−0.105%$39K$25110xas long as short
Binance LLYUSDT+0.0205%8h1,163.1−0.059%$2.0M$3.1M20xas long as short
Phoenix LLYlong+0.0206%1h1,163.8long leg$1K$7K10x
Injective LLY/USDC PERP+0.0220%1h1,176.6+1.100%$7K$24K12xas long as short