Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.027%

Price spread now: Aster against QFEX−0.004%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX LLY-USD	1,166.5	0.0012	pay 0.0002% / 1h	33m 15s	$1.2M	$3.6M	10x
Short	Aster LLYUSDT	1,166.4	0	get 0.0000% / 8h	1h 33m	$24K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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 QFEXbpFee AsterbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$2.59
Price spread: −0.004% → 0.000%: −$0.39
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.98
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 10 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 10 min ago	2.10 bp	7.4 bp −$7	12.6 bp −$126	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LLYUSDTshort	0.0000%	8h	1,166.4	−0.004%	$24K	$3K	20x
Binance LLYUSDT	0.0000%	8h	1,166.8	+0.025%	$2.0M	$3.2M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,166	−0.037%	$1.3M	$401K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,166	−0.039%	$790K	$567K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,166	−0.038%	$1.3M	$811K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.5	+0.007%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,166.7	+0.020%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,166.6	+0.015%	$245	$178K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.8	+0.029%	$2K	$5.8M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,165	−0.122%	$5K	$41K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LLY-USDT	+0.0011%	8h	1,166.8	+0.025%	$84K	$86K	20x	as long as short
QFEX LLY-USDlong	+0.0012%	1h	1,166.5	long leg	$1.2M	$3.6M	10x
Aftermath Perps LLYUSD	+0.0015%	1h	1,166.4	−0.005%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,165.9	−0.045%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,166.4	−0.005%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,166.4	−0.005%	$137K	$68K	20x	as long as short
Nado LLY-PERP	+0.0144%	1h	1,165.9	−0.046%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0206%	1h	1,167.8	+0.115%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,178.7	+1.049%	$7K	$24K	12x	as long as short