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+0.0151%/8h= +16.5% APRnext payment +$1.51 per $10,000 · paid last 24h +0.068%
Price spread now: Binance against Gate+0.027%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$560.562% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 2 days (all we have)+0.055%+$5 · spread now +0.027%, 7d avg +0.062%
Together, before fees+0.279%+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.062%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LLY_USDT1,163.80get 0.0000% / 8h6h 18m$1.3M$905K25x
ShortBinance LLYUSDT1,164.10.0151get 0.0151% / 8h6h 18m$2.0M$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$31.72
Price spread: +0.027% → +0.062%
−$3.49
Slippage, 4 orders
−$31.23
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$27.99
Costs to cover
0.562%
Break-even
13.2 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 2 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 Gate live order book, 4 min ago10.57 bp18.7 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.90 bp7.2 bp −$731.2 bp −$312doesn't fitdoesn't fit

LLY on 18 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 LLYUSDT0.0000%8h1,163.2−0.050%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.3−0.042%$792K$644K20xas long as short
Gate LLY_USDTlong0.0000%8h1,163.8long leg$1.3M$905K25x
Bitget LLYUSDT0.0000%8h1,164.1+0.027%$2.3M$173K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,164.7+0.075%$245$191K10xas long as short
SunX LLY-USDT0.0000%8h1,164.2+0.035%$2K$6.1M10xas long as short
HTX LLY-USDT0.0000%8h1,162.5−0.113%$5K$40K20xas long as short
Aftermath Perps LLYUSD+0.0013%1h1,163.2−0.048%$47K$41K5xas long as short
Variational Omni LLY+0.0014%8h1,163.9+0.009%$192K$18Kas long as short
QFEX LLY-USD+0.0026%1h1,164+0.015%$1.2M$4.7M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LLYUSDT+0.0042%8h1,164+0.015%$24K$3K20xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.4−0.116%25xas long as short
tradeXYZ xyz:LLY+0.0088%1h1,163.3−0.042%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.3−0.042%$137K$75K20xas long as short
Binance LLYUSDTshort+0.0151%8h1,164.1+0.027%$2.0M$3.1M20x
Injective LLY/USDC PERP+0.0220%1h1,176.1+1.058%$7K$24K12xas long as short
Phoenix LLY+0.0275%1h1,163.6−0.016%$1K$7K10xas long as short
Nado LLY-PERP+0.0283%1h1,162.8−0.087%$39K$25110xas long as short