Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0120%/8h= +13.2% APRpaid last 24h +0.022%

Price spread now: BloFin against Vest+0.097%7-day average — · you sell dearer than you buy

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

Long on Vest Short on BloFin

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 airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.097% dearer against Vest than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest LLY-USD-PERP	1,165	0.0046	pay 0.0006% / 1h	48m 26s	—	—	25x
Short	BloFin LLY-USDT	1,166.1	0.0166	get 0.0166% / 8h	1h 48m	$84K	$84K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Vest. 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 VestbpFee BloFinbpOrdersPrice spread, now +0.097%Rate

Funding earned: $25.29
Price spread: +0.097% → 0.000%: $9.7
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: $20.99
Costs to cover: 0.140%
Break-even: 1.2 days

Slippage unknown: Vest: no order-book sample; BloFin: 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 Vest no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Vest and BloFin: 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
QFEX LLY-USD	−0.0006%	1h	1,165.8	+0.066%	$1.2M	$4.9M	10x	as long as short
Aster LLYUSDT	0.0000%	8h	1,164.7	−0.024%	$24K	$3K	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.3	+0.021%	$1.3M	$636K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.2	+0.017%	$819K	$563K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.4	+0.036%	$1.3M	$908K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.1	+0.090%	$2.3M	$176K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,166	+0.086%	$191K	$19K	—	as long as short
SunX LLY-USDT	0.0000%	8h	1,166	+0.086%	$2K	$6.6M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,164.3	−0.064%	$6K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0011%	1h	1,165.1	+0.004%	$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-PERPlong	+0.0046%	1h	1,165	long leg	—	—	25x
tradeXYZ xyz:LLY	+0.0050%	1h	1,165.6	+0.052%	$8.6M	$1.1M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,165.3	+0.026%	$139K	$56K	20x	as long as short
Binance LLYUSDT	+0.0148%	8h	1,166	+0.082%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDTshort	+0.0166%	8h	1,166.1	+0.097%	$84K	$84K	20x
Injective LLY/USDC PERP	+0.0220%	1h	1,177.6	+1.082%	$10K	$21K	12x	as long as short
Nado LLY-PERP	+0.0273%	1h	1,165.1	+0.008%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0274%	1h	1,165.2	+0.017%	$1K	$7K	10x	as long as short
GRVT LLY_USDT_Perp	+0.0360%	8h	1,165.6	+0.055%	$233	$208K	10x	as long as short