Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate+0.089%7-day average +0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$850.850% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.037%+$4 · spread now +0.089%, 7d avg +0.113%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.023% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LLY_USDT	1,165.1	0	get 0.0000% / 8h	16m 28s	$1.3M	$758K	25x
Short	Bitget LLYUSDT	1,166.1	0	get 0.0000% / 8h	16m 28s	$2.3M	$166K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now +0.089%Rate

Funding earned: $0
Price spread: +0.089% → +0.113%: −$2.34
Slippage, 4 orders: −$58.03
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$87.37
Costs to cover: 0.850%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 1 min ago.

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 Gate live order book, 1 min ago	9.66 bp	18.2 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	7.55 bp	16.1 bp −$16	40.2 bp −$402	doesn't fit	doesn't fit

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
Aster LLYUSDT	0.0000%	8h	1,164.9	−0.016%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.2	+0.009%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.4	+0.025%	$1.3M	$346K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.5	+0.036%	$795K	$571K	20x	as long as short
Gate LLY_USDTlong	0.0000%	8h	1,165.1	long leg	$1.3M	$758K	25x
Bitget LLYUSDTshort	0.0000%	8h	1,166.1	+0.089%	$2.3M	$166K	20x
Variational Omni LLY	0.0000%	8h	1,165.6	+0.046%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.5	+0.033%	$221	$172K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.2	+0.010%	$2K	$5.6M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.6	−0.130%	$5K	$42K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LLY-USDT	+0.0005%	8h	1,166	+0.080%	$84K	$85K	20x	as long as short
QFEX LLY-USD	+0.0022%	1h	1,165.4	+0.023%	$1.2M	$3.2M	10x	as long as short
Aftermath Perps LLYUSD	+0.0024%	1h	1,165.7	+0.057%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,164.4	−0.058%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0079%	1h	1,165.4	+0.027%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,164.9	−0.015%	$137K	$71K	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.083%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0240%	1h	1,164.5	−0.047%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0274%	1h	1,165.5	+0.036%	$1K	$7K	10x	as long as short