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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.011%
Price spread now: QFEX against Bitget−0.062%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1401.403% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.019%+$2 on $10k
Price spread, last 7 days+0.005%+$1 · spread now −0.062%, 7d avg −0.072%
Together, before fees+0.025%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LLYUSDT1,166.20get 0.0000% / 8h2h 48m$2.3M$169K20x
ShortQFEX LLY-USD1,165.50.0011get 0.0001% / 1h48m 08s$1.2M$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Bitget. 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
$2.3
Price spread: −0.062% → −0.072%
$1.06
Slippage, 4 orders
−$118.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$136.91
Costs to cover
1.403%
Break-even
423.4 days
Slippage from Bitget: live order book, 4 min ago; QFEX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago3.39 bp16.8 bp −$1729.3 bp −$293doesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago51.78 bp56.8 bp −$5762.1 bp −$621doesn't fitdoesn't fit

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%8h1,165.8−0.041%$24K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,165.7−0.045%$2.0M$3.1M20xas long as short
Bybit LLYUSDT0.0000%8h1,165.7−0.047%$1.3M$482K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,165.2−0.088%$790K$577K20xas long as short
Gate LLY_USDT0.0000%8h1,165.3−0.076%$1.3M$827K25xas long as short
Bitget LLYUSDTlong0.0000%8h1,166.2long leg$2.3M$169K20x
Variational Omni LLY0.0000%8h1,165.5−0.065%$193K$16Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,165.7−0.042%$233$182K10xas long as short
SunX LLY-USDT0.0000%8h1,165.6−0.054%$1K$5.8M10xas long as short
HTX LLY-USDT0.0000%8h1,163.9−0.204%$5K$41K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LLY-USDT+0.0004%8h1,165.8−0.041%$84K$85K20xas long as short
QFEX LLY-USDshort+0.0011%1h1,165.5−0.062%$1.2M$3.8M10x
Aftermath Perps LLYUSD+0.0014%1h1,165.4−0.071%$47K$40K5xas long as short
tradeXYZ xyz:LLY+0.0032%1h1,165.6−0.054%$8.7M$1.2M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,165.5−0.066%25xas long as short
KuCoin LLYUSDTM+0.0100%8h1,165.5−0.063%$137K$71K20xas long as short
Nado LLY-PERP+0.0207%1h1,165.4−0.071%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177.5+0.966%$7K$24K12xas long as short
Phoenix LLY+0.0274%1h1,165.8−0.037%$1K$7K10xas long as short