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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h +0.012%
Price spread now: QFEX against SunX−0.003%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1451.450% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.017%+$2 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.003%, 7d avg −0.014%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LLY-USDT1,166.40get 0.0000% / 8h1h 19m$2K$6.6M10x
ShortQFEX LLY-USD1,166.4−0.0006pay 0.0001% / 1h19m 08s$1.2M$5.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$1.24
Price spread: −0.003% → −0.014%
$1.17
Slippage, 4 orders
−$127.01
Fee SunX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$145.09
Costs to cover
1.450%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; QFEX: live order book, 4 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 SunX live order book, 10 min ago45.42 bp63.7 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.14 bp8.2 bp −$816.3 bp −$163doesn'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
QFEX LLY-USDshort−0.0006%1h1,166.4−0.003%$1.2M$5.0M10x
Aster LLYUSDT0.0000%8h1,165.9−0.043%$24K$3K20xas long as short
Bybit LLYUSDT0.0000%8h1,166.3−0.005%$1.3M$636K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,166.1−0.026%$819K$564K20xas long as short
Gate LLY_USDT0.0000%8h1,166.2−0.016%$1.3M$910K25xas long as short
Bitget LLYUSDT0.0000%8h1,166.7+0.021%$2.3M$176K20xas long as short
SunX LLY-USDTlong0.0000%8h1,166.4long leg$2K$6.6M10x
HTX LLY-USDT0.0000%8h1,165.6−0.069%$5K$40K20xas long as short
Aftermath Perps LLYUSD+0.0012%1h1,166.5+0.008%$47K$41K5xas long as short
Vest LLY-USD-PERP+0.0046%1h1,166.2−0.021%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:LLY+0.0050%1h1,166.3−0.009%$8.6M$1.1M10xas long as short
Variational Omni LLY+0.0056%8h1,166.4−0.002%$191K$19Kas long as short
KuCoin LLYUSDTM+0.0100%8h1,166.2−0.017%$139K$56K20xas long as short
Nado LLY-PERP+0.0158%1h1,166.6+0.019%$39K$25110xas long as short
BloFin LLY-USDT+0.0218%8h1,166.7+0.029%$84K$84K20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,178.6+1.046%$10K$21K12xas long as short
Binance LLYUSDT+0.0222%8h1,166.3−0.010%$2.0M$3.1M20xas long as short
Phoenix LLY+0.0274%1h1,166.2−0.017%$1K$7K10xas long as short
GRVT LLY_USDT_Perp+0.0434%8h1,166.5+0.012%$875$208K10xas long as short