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: Bitget against KuCoin+0.037%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,430as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,416as in the Price arb table
costs, in and out, $10k−$1,41514.150% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.148%−$15 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.037%, 7d avg +0.051%
Together, before fees−0.173%−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LLYUSDTM1,163.60.0100pay 0.0100% / 8h5h 48m$137K$76K20x
ShortBitget LLYUSDT1,1640get 0.0000% / 8h5h 48m$2.3M$176K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: +0.037% → +0.051%
−$1.44
Slippage, 4 orders
−$1,390.99
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1,437.43
Costs to cover
14.150%
Break-even
never at this rate
Slippage from KuCoin: live order book, 41 min ago; Bitget: live order book, 4 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 KuCoin live order book, 41 min ago12.91 bp590.2 bp −$590doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.50 bp17.9 bp −$1853.8 bp −$538doesn'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%8h1,163.4−0.015%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,164+0.034%$792K$645K20xas long as short
Gate LLY_USDT0.0000%8h1,163.3−0.029%$1.3M$902K25xas long as short
Bitget LLYUSDTshort0.0000%8h1,164+0.037%$2.3M$176K20x
GRVT LLY_USDT_Perp0.0000%8h1,164+0.037%$221$188K10xas long as short
SunX LLY-USDT0.0000%8h1,163.60.000%$2K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,162.3−0.108%$5K$40K20xas long as short
Variational Omni LLY+0.0016%8h1,163.5−0.011%$192K$18Kas long as short
Aftermath Perps LLYUSD+0.0021%1h1,163−0.054%$47K$41K5xas long as short
QFEX LLY-USD+0.0043%1h1,163.60.000%$1.2M$4.7M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LLY-USD-PERP+0.0046%1h1,162.8−0.071%25xas long as short
Aster LLYUSDT+0.0052%8h1,163.7+0.005%$24K$3K20xas long as short
KuCoin LLYUSDTMlong+0.0100%8h1,163.6long leg$137K$76K20x
tradeXYZ xyz:LLY+0.0101%1h1,163.3−0.026%$8.7M$1.2M10xas long as short
Binance LLYUSDT+0.0143%8h1,164.2+0.053%$2.0M$3.1M20xas long as short
Nado LLY-PERP+0.0148%1h1,163.3−0.025%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.6+1.031%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,164.6+0.086%$1K$7K10xas long as short