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−0.0054%/8h= −5.9% APRpaid last 24h −0.031%
Price spread now: HTX against tradeXYZ−0.145%49s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.145% cheaper against tradeXYZ than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:LLY1,162.70.0054pay 0.0007% / 1h25m 26s$8.7M$1.2M10x
ShortHTX LLY-USDT1,1610get 0.0000% / 8h5h 25m$6K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$11.33
Price spread: −0.145% → 0.000%
−$14.54
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee HTX: 6 bp × 2 orders
−$12
Net
−$55.86
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 2 min ago; HTX: 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 tradeXYZ live order book, 2 min ago3.44 bp17.3 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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%8h1,162.6−0.010%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.5+0.069%$792K$645K20xas long as short
Gate LLY_USDT0.0000%8h1,162.9+0.018%$1.3M$903K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.5+0.066%$2.3M$176K20xas long as short
Variational Omni LLY0.0000%8h1,163.1+0.035%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.6+0.075%$268$189K10xas long as short
SunX LLY-USDT0.0000%8h1,163.3+0.052%$2K$6.0M10xas long as short
HTX LLY-USDTshort0.0000%8h1,161−0.145%$6K$40K20x
Aftermath Perps LLYUSD+0.0018%1h1,162.6−0.010%$47K$41K5xas long as short
Aster LLYUSDT+0.0024%8h1,162.9+0.020%$23K$3K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0043%1h1,163.2+0.044%$1.2M$4.6M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.4−0.028%25xas long as short
tradeXYZ xyz:LLYlong+0.0054%1h1,162.7long leg$8.7M$1.2M10x
BloFin LLY-USDT+0.0079%8h1,163.4+0.060%$84K$84K20xas long as short
Binance LLYUSDT+0.0100%8h1,163.4+0.056%$2.0M$3.1M20xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.1+0.034%$137K$73K20xas long as short
Nado LLY-PERP+0.0129%1h1,162.6−0.013%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.8+1.127%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,163.9+0.103%$1K$7K10xas long as short