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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.001%
Price spread now: KuCoin against tradeXYZ+0.026%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,154as in the Price arb table
costs, in and out, $10k−$1,15311.535% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.026%, 7d avg +0.033%
Together, before fees−0.180%+ Points / potential airdroptradeXYZ: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.141%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:LLY1,162.70.0050pay 0.0006% / 1h34m 05s$8.7M$1.2M10x
ShortKuCoin LLYUSDTM1,1630.0100get 0.0100% / 8h4h 34m$137K$73K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.5
Price spread: +0.026% → +0.033%
−$0.69
Slippage, 4 orders
−$1,123.48
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,143.67
Costs to cover
11.535%
Break-even
769.4 days
Slippage from tradeXYZ: live order book, 4 min ago; KuCoin: live order book, 40 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, 4 min ago3.01 bp13.4 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago12.91 bp641.0 bp −$641doesn't fitdoesn'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
Aster LLYUSDT0.0000%8h1,163.2+0.042%$23K$3K20xas long as short
Bybit LLYUSDT0.0000%8h1,162.5−0.020%$1.3M$531K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.9+0.103%$790K$645K20xas long as short
Gate LLY_USDT0.0000%8h1,162.9+0.018%$1.3M$880K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.5+0.065%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,162.8+0.013%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.1+0.037%$221$186K10xas long as short
SunX LLY-USDT0.0000%8h1,163+0.026%$2K$5.9M10xas long as short
HTX LLY-USDT0.0000%8h1,161−0.144%$5K$40K20xas long as short
Aftermath Perps LLYUSD+0.0014%1h1,162.6−0.009%$47K$41K5xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LLY-USDT+0.0018%8h1,163.3+0.052%$84K$85K20xas long as short
Binance LLYUSDT+0.0029%8h1,163.1+0.034%$2.0M$3.1M20xas long as short
QFEX LLY-USD+0.0035%1h1,163.1+0.033%$1.2M$4.3M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.6−0.008%25xas long as short
tradeXYZ xyz:LLYlong+0.0050%1h1,162.7long leg$8.7M$1.2M10x
Nado LLY-PERP+0.0098%1h1,162.8+0.011%$39K$25110xas long as short
KuCoin LLYUSDTMshort+0.0100%8h1,163+0.026%$137K$73K20x
Injective LLY/USDC PERP+0.0220%1h1,175.1+1.066%$7K$24K12xas long as short
Phoenix LLY+0.0275%1h1,163.9+0.103%$1K$7K10xas long as short