Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: HTX against Vest−0.019%46s7-day average — · you buy dearer than you sell

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

Long on Vest Short on HTX

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

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. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest LLY-USD-PERP	1,162.7	0.0046	pay 0.0006% / 1h	2m 24s	—	—	25x
Short	HTX LLY-USDT	1,162.5	0	get 0.0000% / 8h	5h 02m	$5K	$40K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$9.59
Price spread: −0.019% → 0.000%: −$1.89
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: −$25.48
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; HTX: 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 HTX no order-book sample	—	—	—	—	—

Vest and HTX: 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
Bybit LLYUSDT	0.0000%	8h	1,163.1	+0.036%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.4	+0.062%	$792K	$644K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,163.7	+0.089%	$1.3M	$904K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163.7	+0.089%	$2.3M	$176K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,164	+0.117%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,163.8	+0.093%	$221	$188K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163.7	+0.088%	$1K	$6.0M	10x	as long as short
HTX LLY-USDTshort	0.0000%	8h	1,162.5	−0.019%	$5K	$40K	20x
Aster LLYUSDT	+0.0013%	8h	1,163.5	+0.069%	$24K	$3K	20x	as long as short
Aftermath Perps LLYUSD	+0.0015%	1h	1,162.7	0.000%	$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
QFEX LLY-USD	+0.0043%	1h	1,163.8	+0.100%	$1.2M	$4.5M	10x	as long as short
Vest LLY-USD-PERPlong	+0.0046%	1h	1,162.7	long leg	—	—	25x
tradeXYZ xyz:LLY	+0.0072%	1h	1,163	+0.028%	$8.7M	$1.2M	10x	as long as short
Binance LLYUSDT	+0.0072%	8h	1,163.7	+0.092%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDT	+0.0093%	8h	1,163.8	+0.099%	$84K	$84K	20x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.6	+0.079%	$137K	$73K	20x	as long as short
Nado LLY-PERP	+0.0142%	1h	1,163.2	+0.048%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,175.2	+1.077%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0343%	1h	1,164.4	+0.148%	$1K	$7K	10x	as long as short