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: HTX against KuCoin−0.172%51s7-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 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.172% cheaper against KuCoin than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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
LongKuCoin LLYUSDTM1,163.10.0100pay 0.0100% / 8h5h 21m$137K$73K20x
ShortHTX LLY-USDT1,161.10get 0.0000% / 8h5h 21m$6K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.172% → 0.000%
−$17.2
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$62.2
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 67 min ago; HTX: 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 KuCoin live order book, 67 min ago12.91 bp590.2 bp −$590doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
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
Bybit LLYUSDT0.0000%8h1,162.5−0.053%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.5+0.034%$792K$645K20xas long as short
Gate LLY_USDT0.0000%8h1,162.8−0.025%$1.3M$903K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.5+0.037%$2.3M$176K20xas long as short
Variational Omni LLY0.0000%8h1,163.1+0.001%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.6+0.044%$268$189K10xas long as short
SunX LLY-USDT0.0000%8h1,163.4+0.026%$2K$6.0M10xas long as short
HTX LLY-USDTshort0.0000%8h1,161.1−0.172%$6K$40K20x
Aftermath Perps LLYUSD+0.0018%1h1,162.6−0.044%$47K$41K5xas long as short
Aster LLYUSDT+0.0025%8h1,163−0.006%$23K$3K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0043%1h1,162.6−0.040%$1.2M$4.6M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,161.9−0.100%25xas long as short
tradeXYZ xyz:LLY+0.0056%1h1,162.7−0.034%$8.7M$1.2M10xas long as short
BloFin LLY-USDT+0.0070%8h1,163.1+0.003%$84K$84K20xas long as short
Binance LLYUSDT+0.0098%8h1,163.3+0.021%$2.0M$3.1M20xas long as short
KuCoin LLYUSDTMlong+0.0100%8h1,163.1long leg$137K$73K20x
Nado LLY-PERP+0.0135%1h1,162.6−0.047%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.8+1.092%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,163.9+0.069%$1K$7K10xas long as short