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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.053%
Price spread now: Phoenix against tradeXYZ−0.009%7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:LLY1,1650.0090pay 0.0011% / 1h9m 08s$8.7M$1.2M10x
ShortPhoenix LLY1,164.90.0274get 0.0034% / 1h9m 08s$1K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$38.72
Price spread: −0.009% → 0.000%
−$0.86
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$12.86
Costs to cover
0.250%
Break-even
4.7 days
Slippage unknown: tradeXYZ: live order book, 9 min ago; Phoenix: 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, 9 min ago1.29 bp10.3 bp −$1025.0 bp −$250doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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
Aster LLYUSDT0.0000%8h1,164.8−0.013%$24K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,165.3+0.023%$2.0M$3.1M20xas long as short
Bybit LLYUSDT0.0000%8h1,164.8−0.020%$1.3M$346K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,165.3+0.026%$795K$571K20xas long as short
Gate LLY_USDT0.0000%8h1,165.3+0.026%$1.3M$758K25xas long as short
Bitget LLYUSDT0.0000%8h1,166+0.089%$2.3M$166K20xas long as short
Variational Omni LLY0.0000%8h1,165.1+0.010%$193K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,165.1+0.005%$221$171K10xas long as short
SunX LLY-USDT0.0000%8h1,165.1+0.009%$2K$5.6M10xas long as short
HTX LLY-USDT0.0000%8h1,164.1−0.080%$5K$41K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LLY-USDT+0.0009%8h1,165.1+0.009%$84K$85K20xas long as short
QFEX LLY-USD+0.0022%1h1,165.3+0.028%$1.2M$3.1M10xas long as short
Aftermath Perps LLYUSD+0.0027%1h1,165.1+0.005%$47K$40K5xas long as short
Vest LLY-USD-PERP+0.0046%1h1,164.1−0.074%25xas long as short
tradeXYZ xyz:LLYlong+0.0090%1h1,165long leg$8.7M$1.2M10x
KuCoin LLYUSDTM+0.0100%8h1,164.9−0.009%$136K$73K20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177.7+1.090%$7K$24K12xas long as short
Nado LLY-PERP+0.0243%1h1,164−0.085%$39K$25110xas long as short
Phoenix LLYshort+0.0274%1h1,164.9−0.009%$1K$7K10x