Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.003%

Price spread now: Vest against Variational Omni+0.004%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Vest

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Vest: 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: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni LLY	1,165.1	0	get 0.0000% / 8h	2h 08m	$191K	$19K	—
Short	Vest LLY-USD-PERP	1,165.1	0.0046	get 0.0006% / 1h	8m 22s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee Variational OmnibpFee VestbpOrdersPrice spread, now +0.004%Rate

Funding earned: $9.59
Price spread: +0.004% → 0.000%: $0.35
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $7.94
Costs to cover: 0.020%
Break-even: 1.2 days

Slippage unknown: Variational Omni: RFQ quote, 16 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 16 min ago	6.22 bp	doesn't fit	100.9 bp −$1,009	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LLYUSDT	0.0000%	8h	1,164.6	−0.043%	$24K	$3K	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.1	−0.002%	$1.3M	$712K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,164.9	−0.016%	$818K	$563K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.1	0.000%	$1.3M	$912K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,165.7	+0.054%	$2.3M	$176K	20x	as long as short
Variational Omni LLYlong	0.0000%	8h	1,165.1	long leg	$191K	$19K	—
SunX LLY-USDT	0.0000%	8h	1,165.6	+0.044%	$2K	$6.6M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.9	−0.184%	$6K	$40K	20x	as long as short
QFEX LLY-USD	+0.0006%	1h	1,165.3	+0.018%	$1.2M	$4.9M	10x	as long as short
Aftermath Perps LLYUSD	+0.0013%	1h	1,165.2	+0.005%	$47K	$41K	5x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest LLY-USD-PERPshort	+0.0046%	1h	1,165.1	+0.004%	—	—	25x
tradeXYZ xyz:LLY	+0.0050%	1h	1,165.3	+0.018%	$8.6M	$1.1M	10x	as long as short
BloFin LLY-USDT	+0.0065%	8h	1,165.7	+0.050%	$84K	$84K	20x	as long as short
Binance LLYUSDT	+0.0077%	8h	1,165.5	+0.039%	$2.0M	$3.1M	20x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,164.3	−0.068%	$139K	$59K	20x	as long as short
Nado LLY-PERP	+0.0152%	1h	1,165.3	+0.021%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177	+1.022%	$10K	$21K	12x	as long as short
GRVT LLY_USDT_Perp	+0.0302%	8h	1,165.3	+0.020%	$361	$208K	10x	as long as short
Phoenix LLY	+0.0343%	1h	1,166.1	+0.087%	$1K	$7K	10x	as long as short