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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0103%/8h= +11.3% APRpaid last 24h +0.055%
Price spread now: BloFin against QFEX−0.067%519s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.067% cheaper against QFEX than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). The two prices were read 519 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LLY-USD1,163.60.0026pay 0.0003% / 1h40m 36s$1.2M$4.8M10x
ShortBloFin LLY-USDT1,162.80.0129get 0.0129% / 8h6h 40m$84K$85K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$21.66
Price spread: −0.067% → 0.000%
−$6.7
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.05
Costs to cover
0.220%
Break-even
9.3 days
Slippage unknown: QFEX: live order book, 3 min ago; BloFin: 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 QFEX live order book, 3 min ago1.81 bp8.0 bp −$814.5 bp −$145doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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%8h1,163.2−0.032%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.9+0.030%$793K$641K20xas long as short
Gate LLY_USDT0.0000%8h1,163−0.046%$1.3M$900K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.60.000%$2.3M$173K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.2−0.032%$221$193K10xas long as short
SunX LLY-USDT0.0000%8h1,162.9−0.056%$2K$6.1M10xas long as short
HTX LLY-USDT0.0000%8h1,160.5−0.262%$5K$40K20xas long as short
Aftermath Perps LLYUSD+0.0005%1h1,162.3−0.105%$47K$41K5xas long as short
Aster LLYUSDT+0.0013%8h1,163.2−0.028%$23K$3K20xas long as short
Variational Omni LLY+0.0024%8h1,162.8−0.060%$191K$17Kas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USDlong+0.0026%1h1,163.6long leg$1.2M$4.8M10x
Vest LLY-USD-PERP+0.0046%1h1,161.9−0.144%25xas long as short
tradeXYZ xyz:LLY+0.0053%1h1,162.4−0.099%$8.6M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.1−0.039%$137K$75K20xas long as short
BloFin LLY-USDTshort+0.0129%8h1,162.8−0.067%$84K$85K20x
Binance LLYUSDT+0.0136%8h1,163.6+0.008%$2.0M$3.1M20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,174.8+0.967%$7K$24K12xas long as short
Nado LLY-PERP+0.0272%1h1,162.6−0.084%$39K$25110xas long as short
Phoenix LLY+0.0275%1h1,163.4−0.013%$1K$7K10xas long as short