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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.10 per $10,000 · paid last 24h −0.068%
Price spread now: HTX against Binance−0.186%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 feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and HTX is 0.186% cheaper against Binance than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LLYUSDT1,164.60.0010pay 0.0010% / 8h4h 08m$2.0M$3.1M20x
ShortHTX LLY-USDT1,162.40get 0.0000% / 8h4h 08m$5K$41K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
−$2.17
Price spread: −0.186% → 0.000%
−$18.65
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$42.82
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 13 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago1.03 bp9.3 bp −$927.2 bp −$272doesn't fitdoesn't fit
Sell HTX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LLY-USDT−0.0003%8h1,164−0.048%$83K$85K20xas long as short
Aster LLYUSDT0.0000%8h1,164.1−0.041%$24K$3K20xas long as short
Bybit LLYUSDT0.0000%8h1,163.4−0.103%$1.3M$523K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.3−0.110%$789K$645K20xas long as short
Gate LLY_USDT0.0000%8h1,163.5−0.097%$1.3M$882K25xas long as short
Bitget LLYUSDT0.0000%8h1,164.1−0.046%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,163.5−0.089%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,164.1−0.039%$221$186K10xas long as short
SunX LLY-USDT0.0000%8h1,164.5−0.007%$2K$5.8M10xas long as short
HTX LLY-USDTshort0.0000%8h1,162.4−0.186%$5K$41K20x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LLYUSDTlong+0.0010%8h1,164.6long leg$2.0M$3.1M20x
Aftermath Perps LLYUSD+0.0022%1h1,163−0.133%$47K$41K5xas long as short
QFEX LLY-USD+0.0035%1h1,163.8−0.066%$1.2M$4.2M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.8−0.154%25xas long as short
tradeXYZ xyz:LLY+0.0051%1h1,163.7−0.076%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.8−0.067%$137K$74K20xas long as short
Nado LLY-PERP+0.0156%1h1,163.5−0.097%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,176.2+0.998%$7K$24K12xas long as short
Phoenix LLY+0.0275%1h1,163.6−0.084%$1K$7K10xas long as short