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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against HTX+0.101%51s7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.101% dearer against HTX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX LLY-USDT1,162.50get 0.0000% / 8h4h 10m$5K$41K20x
ShortKuCoin LLYUSDTM1,163.70.0100get 0.0100% / 8h4h 10m$137K$74K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. 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
$21
Price spread: +0.101% → 0.000%
$10.06
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$7.06
Costs to cover
0.240%
Break-even
4.6 days
Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 64 min ago. 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 HTX no order-book sample
Sell KuCoin live order book, 64 min ago12.91 bp641.0 bp −$641doesn't fitdoesn't fitdoesn't fit
HTX: 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
BloFin LLY-USDT−0.0001%8h1,164+0.128%$83K$85K20xas long as short
Aster LLYUSDT0.0000%8h1,163.4+0.078%$24K$3K20xas long as short
Bybit LLYUSDT0.0000%8h1,163+0.041%$1.3M$523K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.4+0.075%$790K$645K20xas long as short
Gate LLY_USDT0.0000%8h1,163.2+0.057%$1.3M$881K25xas long as short
Bitget LLYUSDT0.0000%8h1,164.1+0.131%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,163.5+0.087%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,164.1+0.136%$221$186K10xas long as short
SunX LLY-USDT0.0000%8h1,163.7+0.101%$2K$5.8M10xas long as short
HTX LLY-USDTlong0.0000%8h1,162.5long leg$5K$41K20x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LLYUSDT+0.0012%8h1,163.8+0.109%$2.0M$3.1M20xas long as short
Aftermath Perps LLYUSD+0.0021%1h1,162.9+0.032%$47K$41K5xas long as short
QFEX LLY-USD+0.0035%1h1,163.8+0.105%$1.2M$4.2M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.8+0.020%25xas long as short
tradeXYZ xyz:LLY+0.0051%1h1,162.9+0.032%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTMshort+0.0100%8h1,163.7+0.101%$137K$74K20x
Nado LLY-PERP+0.0150%1h1,162.4−0.008%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,176.2+1.176%$7K$24K12xas long as short
Phoenix LLY+0.0275%1h1,163.6+0.092%$1K$7K10xas long as short