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+0.0129%/8h= +14.1% APRnext payment +$1.29 per $10,000 · paid last 24h +0.058%
Price spread now: BloFin against Bybit−0.072%822s7-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 7 days+0.150%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.072% cheaper against Bybit than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 45 hours of funding at the current rate (+$4 a day). The two prices were read 822 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LLYUSDT1,163.60get 0.0000% / 8h6h 35m$1.3M$581K25x
ShortBloFin LLY-USDT1,162.80.0129get 0.0129% / 8h6h 35m$84K$85K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$27.12
Price spread: −0.072% → 0.000%
−$7.22
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$3.1
Costs to cover
0.230%
Break-even
7.8 days
Slippage unknown: Bybit: live order book, just now; 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, just now5.20 bp19.1 bp −$19376.7 bp −$3,767doesn't fitdoesn't fit
Sell BloFin no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LLYUSDTlong0.0000%8h1,163.6long leg$1.3M$581K25x
OKX LLY-USDT-SWAP0.0000%8h1,163.9+0.025%$792K$644K20xas long as short
Gate LLY_USDT0.0000%8h1,164.2+0.050%$1.3M$901K25xas long as short
Bitget LLYUSDT0.0000%8h1,164+0.032%$2.3M$173K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.9+0.028%$221$193K10xas long as short
SunX LLY-USDT0.0000%8h1,164.4+0.068%$2K$6.1M10xas long as short
HTX LLY-USDT0.0000%8h1,161.8−0.154%$5K$40K20xas long as short
Aftermath Perps LLYUSD+0.0005%1h1,162.9−0.064%$47K$41K5xas long as short
Aster LLYUSDT+0.0019%8h1,164+0.032%$24K$3K20xas long as short
Variational Omni LLY+0.0020%8h1,164.5+0.073%$192K$18Kas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0026%1h1,164.5+0.079%$1.2M$4.8M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,163.1−0.040%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,163.9+0.025%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.8+0.016%$137K$75K20xas long as short
BloFin LLY-USDTshort+0.0129%8h1,162.8−0.072%$84K$85K20x
Binance LLYUSDT+0.0139%8h1,164.6+0.081%$2.0M$3.1M20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,176+1.065%$7K$24K12xas long as short
Nado LLY-PERP+0.0268%1h1,163.6−0.003%$39K$25110xas long as short
Phoenix LLY+0.0275%1h1,163.3−0.027%$1K$7K10xas long as short