Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX−0.086%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Vest

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 airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.086% cheaper against SunX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 6.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LLY-USDT	1,160.7	0	get 0.0000% / 8h	5h 54m	$2K	$4.7M	10x
Short	Vest LLY-USD-PERP	1,159.7	0.0046	get 0.0006% / 1h	54m 20s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee SunXbpFee VestbpOrdersPrice spread, now −0.086%Rate

Funding earned: $9.59
Price spread: −0.086% → 0.000%: −$8.62
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$9.02
Costs to cover: 0.100%
Break-even: 13.6 days

Slippage unknown: SunX: live order book, 7 min ago; Vest: 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 SunX live order book, 7 min ago	46.56 bp	64.7 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 exchanges

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
Nado LLY-PERP	−0.0563%	1h	1,162.2	+0.128%	$39K	$251	10x	as long as short
tradeXYZ xyz:LLY	−0.0463%	1h	1,160.3	−0.034%	$8.7M	$1.2M	10x	as long as short
BloFin LLY-USDT	−0.0008%	8h	1,160.4	−0.022%	$38K	$87K	20x	as long as short
Aftermath Perps LLYUSD	−0.0002%	1h	1,160.5	−0.019%	$47K	$50K	5x	as long as short
Aster LLYUSDT	0.0000%	8h	1,162.1	+0.117%	$23K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,160.9	+0.015%	$2.0M	$3.4M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,159.9	−0.067%	$1.4M	$447K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,161.4	+0.060%	$812K	$584K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,160.4	−0.028%	$1.3M	$612K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,160.7	−0.003%	$2.3M	$180K	20x	as long as short

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni LLY	0.0000%	8h	1,160.4	−0.024%	$191K	$20K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,160.9	+0.018%	$255	$153K	10x	as long as short
SunX LLY-USDTlong	0.0000%	8h	1,160.7	long leg	$2K	$4.7M	10x
HTX LLY-USDT	0.0000%	8h	1,158.5	−0.190%	$5K	$42K	20x	as long as short
Vest LLY-USD-PERPshort	+0.0046%	1h	1,159.7	−0.086%	—	—	25x
QFEX LLY-USD	+0.0058%	1h	1,160.3	−0.034%	$1.2M	$3.1M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,158.9	−0.155%	$141K	$215K	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,160	−0.060%	$20K	$37K	12x	as long as short
Phoenix LLY	+0.0275%	1h	1,161.3	+0.052%	$1K	$9K	10x	as long as short