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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.037%
Price spread now: Binance against tradeXYZ+0.052%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$550.549% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 7 days−0.015%−$2 · spread now +0.052%, 7d avg +0.069%
Together, before fees−0.081%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:LLY1,1630.0071pay 0.0009% / 1h1m 18s$8.7M$1.2M10x
ShortBinance LLYUSDT1,163.60.0071get 0.0071% / 8h5h 01m$2.0M$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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
$0.13
Price spread: +0.052% → +0.069%
−$1.76
Slippage, 4 orders
−$26.88
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Binance: 5 bp × 2 orders
−$10
Net
−$56.51
Costs to cover
0.549%
Break-even
3150.6 days
Slippage from tradeXYZ: live order book, 7 min ago; Binance: 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 tradeXYZ live order book, 7 min ago3.87 bp14.4 bp −$1428.6 bp −$286doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago2.06 bp13.7 bp −$1436.9 bp −$369doesn'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
Bybit LLYUSDT0.0000%8h1,163.1+0.004%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.4+0.034%$792K$644K20xas long as short
Gate LLY_USDT0.0000%8h1,163.6+0.050%$1.3M$904K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.8+0.065%$2.3M$176K20xas long as short
Variational Omni LLY0.0000%8h1,164+0.090%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.9+0.080%$221$188K10xas long as short
SunX LLY-USDT0.0000%8h1,163.7+0.060%$1K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,162.9−0.009%$5K$40K20xas long as short
Aster LLYUSDT+0.0012%8h1,163.5+0.043%$24K$3K20xas long as short
Aftermath Perps LLYUSD+0.0015%1h1,162.7−0.027%$47K$41K5xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0043%1h1,163.8+0.069%$1.2M$4.5M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.8−0.021%25xas long as short
BloFin LLY-USDT+0.0054%8h1,163.8+0.069%$84K$84K20xas long as short
tradeXYZ xyz:LLYlong+0.0071%1h1,163long leg$8.7M$1.2M10x
Binance LLYUSDTshort+0.0071%8h1,163.6+0.052%$2.0M$3.1M20x
KuCoin LLYUSDTM+0.0100%8h1,163.6+0.052%$137K$73K20xas long as short
Nado LLY-PERP+0.0141%1h1,163.2+0.021%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.2+1.049%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,164.4+0.120%$1K$7K10xas long as short