Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0129%/8h= −14.1% APRpaid last 24h −0.035%

Price spread now: Aster against Nado+0.016%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LLY-PERP	1,163.2	0.0142	pay 0.0018% / 1h	1m 46s	$39K	$251	10x
Short	Aster LLYUSDT	1,163.4	0.0013	get 0.0013% / 8h	5h 01m	$24K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Nado. 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 NadobpFee AsterbpOrdersPrice spread, now +0.016%Rate

Funding earned: −$27.12
Price spread: +0.016% → 0.000%: $1.62
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$40.5
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Nado and Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LLYUSDT	0.0000%	8h	1,163.1	−0.010%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.4	+0.014%	$792K	$644K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,163.7	+0.041%	$1.3M	$904K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163.8	+0.045%	$2.3M	$176K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,164	+0.069%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,163.8	+0.044%	$221	$188K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163.7	+0.039%	$1K	$6.0M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,162.5	−0.067%	$5K	$40K	20x	as long as short
Aster LLYUSDTshort	+0.0013%	8h	1,163.4	+0.016%	$24K	$3K	20x
Aftermath Perps LLYUSD	+0.0015%	1h	1,162.7	−0.048%	$47K	$41K	5x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX LLY-USD	+0.0043%	1h	1,163.8	+0.052%	$1.2M	$4.5M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.7	−0.048%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0071%	1h	1,163	−0.021%	$8.7M	$1.2M	10x	as long as short
Binance LLYUSDT	+0.0072%	8h	1,163.8	+0.049%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDT	+0.0093%	8h	1,163.8	+0.051%	$84K	$84K	20x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.5	+0.022%	$137K	$73K	20x	as long as short
Nado LLY-PERPlong	+0.0142%	1h	1,163.2	long leg	$39K	$251	10x
Injective LLY/USDC PERP	+0.0220%	1h	1,175.2	+1.028%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0343%	1h	1,164.4	+0.100%	$1K	$7K	10x	as long as short