Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0043%/8h= −4.8% APRpaid last 24h −0.054%

Price spread now: Vest against BloFin−0.099%7-day average — · you buy dearer than you sell

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

Long on BloFin 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 airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.099% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LLY-USDT	1,163.5	0.0089	pay 0.0089% / 8h	5h 24m	$84K	$84K	20x
Short	Vest LLY-USD-PERP	1,162.4	0.0046	get 0.0006% / 1h	24m 49s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against BloFin. 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 BloFinbpFee VestbpOrdersPrice spread, now −0.099%Rate

Funding earned: −$9.12
Price spread: −0.099% → 0.000%: −$9.88
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$33
Costs to cover: 0.140%
Break-even: never at this rate

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

BloFin and 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
Bybit LLYUSDT	0.0000%	8h	1,162.6	−0.082%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.5	−0.003%	$792K	$645K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,162.9	−0.058%	$1.3M	$903K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163.4	−0.008%	$2.3M	$176K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,163.1	−0.036%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,163.6	+0.004%	$268	$189K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163.3	−0.020%	$2K	$6.0M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.4	−0.098%	$6K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0018%	1h	1,162.6	−0.081%	$47K	$41K	5x	as long as short
Aster LLYUSDT	+0.0024%	8h	1,163	−0.043%	$23K	$3K	20x	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	1,163.2	−0.028%	$1.2M	$4.6M	10x	as long as short
Vest LLY-USD-PERPshort	+0.0046%	1h	1,162.4	−0.099%	—	—	25x
tradeXYZ xyz:LLY	+0.0054%	1h	1,162.7	−0.071%	$8.7M	$1.2M	10x	as long as short
BloFin LLY-USDTlong	+0.0089%	8h	1,163.5	long leg	$84K	$84K	20x
Binance LLYUSDT	+0.0099%	8h	1,163.3	−0.017%	$2.0M	$3.1M	20x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.1	−0.037%	$137K	$73K	20x	as long as short
Nado LLY-PERP	+0.0129%	1h	1,162.6	−0.084%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,175.8	+1.055%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0343%	1h	1,163.9	+0.032%	$1K	$7K	10x	as long as short