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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0150%/8h= +16.5% APRpaid last 24h +0.049%
Price spread now: Nado against Variational Omni+0.020%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Nado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Nado is 0.020% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LLY1,165.10get 0.0000% / 8h2h 09m$191K$19K
ShortNado LLY-PERP1,165.30.0150get 0.0019% / 1h9m 30s$39K$25110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Variational Omni. 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
$31.59
Price spread: +0.020% → 0.000%
$2.01
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$26.59
Costs to cover
0.070%
Break-even
1.1 days
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; Nado: 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 Variational Omni RFQ quote, 14 min ago6.22 bpdoesn't fit100.9 bp −$1,009doesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: 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%8h1,164.6−0.046%$24K$3K20xas long as short
Bybit LLYUSDT0.0000%8h1,165−0.005%$1.3M$712K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,164.9−0.016%$818K$563K20xas long as short
Gate LLY_USDT0.0000%8h1,165.10.000%$1.3M$912K25xas long as short
Bitget LLYUSDT0.0000%8h1,165.7+0.054%$2.3M$176K20xas long as short
Variational Omni LLYlong0.0000%8h1,165.1long leg$191K$19K
SunX LLY-USDT0.0000%8h1,165.2+0.010%$2K$6.6M10xas long as short
HTX LLY-USDT0.0000%8h1,162.9−0.184%$5K$40K20xas long as short
QFEX LLY-USD+0.0006%1h1,165.10.000%$1.2M$4.9M10xas long as short
Aftermath Perps LLYUSD+0.0013%1h1,165.2+0.005%$47K$41K5xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LLY-USD-PERP+0.0046%1h1,165.1+0.003%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,165.2+0.010%$8.6M$1.1M10xas long as short
Binance LLYUSDT+0.0075%8h1,165.5+0.039%$2.0M$3.1M20xas long as short
BloFin LLY-USDT+0.0090%8h1,165.2+0.013%$84K$84K20xas long as short
KuCoin LLYUSDTM+0.0100%8h1,164.5−0.051%$139K$59K20xas long as short
Nado LLY-PERPshort+0.0150%1h1,165.3+0.020%$39K$25110x
Injective LLY/USDC PERP+0.0220%1h1,177+1.022%$10K$21K12xas long as short
GRVT LLY_USDT_Perp+0.0302%8h1,165.3+0.020%$361$208K10xas long as short
Phoenix LLY+0.0343%1h1,166.1+0.087%$1K$7K10xas long as short