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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0297%/8h= +32.5% APRnext payment +$2.97 per $10,000 · paid last 24h +0.067%
Price spread now: BloFin against SunX+0.046%7-day average · you sell dearer than you buy
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 7 days+0.231%+$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.046% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LLY-USDT1,164.20get 0.0000% / 8h7h 35m$2K$6.3M10x
ShortBloFin LLY-USDT1,164.70.0297get 0.0297% / 8h7h 35m$84K$85K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$62.36
Price spread: +0.046% → 0.000%
$4.64
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$46.99
Costs to cover
0.200%
Break-even
1.7 days
Slippage unknown: SunX: live order book, 4 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 SunX live order book, 4 min ago45.08 bp63.1 bp −$63doesn't fitdoesn'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%8h1,164.20.000%$1.3M$576K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,162.6−0.137%$813K$577K20xas long as short
Gate LLY_USDT0.0000%8h1,164.1−0.012%$1.3M$897K25xas long as short
Bitget LLYUSDT0.0000%8h1,165.1+0.078%$2.3M$178K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,164.7+0.040%$233$199K10xas long as short
SunX LLY-USDTlong0.0000%8h1,164.2long leg$2K$6.3M10x
HTX LLY-USDT0.0000%8h1,162.7−0.125%$5K$40K20xas long as short
QFEX LLY-USD+0.0004%1h1,164.9+0.060%$1.2M$5.2M10xas long as short
Aftermath Perps LLYUSD+0.0009%1h1,164.4+0.019%$47K$42K5xas long as short
Vest LLY-USD-PERP+0.0046%1h1,164.9+0.056%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:LLY+0.0050%1h1,164−0.017%$8.6M$1.1M10xas long as short
Nado LLY-PERP+0.0096%1h1,164.9+0.062%$39K$25110xas long as short
KuCoin LLYUSDTM+0.0100%8h1,164.8+0.052%$138K$75K20xas long as short
Aster LLYUSDT+0.0118%8h1,165.1+0.079%$24K$3K20xas long as short
Variational Omni LLY+0.0136%8h1,164.3+0.005%$191K$17Kas long as short
Phoenix LLY+0.0206%1h1,164.6+0.034%$1K$7K10xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177.4+1.134%$10K$21K12xas long as short
Binance LLYUSDT+0.0275%8h1,164.7+0.040%$2.0M$3.1M20xas long as short
BloFin LLY-USDTshort+0.0297%8h1,164.7+0.046%$84K$85K20x