Settings8H · net · $10k
Funding arb · Price arb /

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0071%/8h= −7.8% APRnext payment $0.09 per $10,000 · paid last 24h −0.041%
Price spread now: tradeXYZ against Nado−0.021%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · tradeXYZ: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.021% cheaper against Nado than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado LLY-PERP1,163.20.0141pay 0.0018% / 1h0m 55s$39K$25110x
ShorttradeXYZ xyz:LLY1,1630.0070get 0.0009% / 1h0m 55s$8.7M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
−$14.9
Price spread: −0.021% → 0.000%
−$2.07
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$41.97
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Nado: no order-book sample; tradeXYZ: live order book, 8 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 Nado no order-book sample
Sell tradeXYZ live order book, 8 min ago3.87 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit
Nado: 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%8h1,163.1−0.010%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.4+0.014%$792K$644K20xas long as short
Gate LLY_USDT0.0000%8h1,163.6+0.029%$1.3M$904K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.8+0.045%$2.3M$176K20xas long as short
Variational Omni LLY0.0000%8h1,163.6+0.030%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.9+0.059%$221$188K10xas long as short
SunX LLY-USDT0.0000%8h1,163.7+0.039%$1K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,162.9−0.029%$5K$40K20xas long as short
Aster LLYUSDT+0.0012%8h1,163.6+0.027%$24K$3K20xas long as short
Aftermath Perps LLYUSD+0.0015%1h1,162.7−0.048%$47K$41K5xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0043%1h1,163.8+0.048%$1.2M$4.5M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.8−0.042%25xas long as short
BloFin LLY-USDT+0.0054%8h1,163.8+0.048%$84K$84K20xas long as short
tradeXYZ xyz:LLYshort+0.0070%1h1,163−0.021%$8.7M$1.2M10x
Binance LLYUSDT+0.0071%8h1,163.6+0.031%$2.0M$3.1M20xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.6+0.031%$137K$73K20xas long as short
Nado LLY-PERPlong+0.0141%1h1,163.2long leg$39K$25110x
Injective LLY/USDC PERP+0.0220%1h1,175.2+1.028%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,164.4+0.100%$1K$7K10xas long as short