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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against OKX+0.017%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$950.952% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.017%, 7d avg +0.021%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LLY-USDT-SWAP1,162.20get 0.0000% / 8h4h 35m$789K$642K20x
ShortBybit LLYUSDT1,162.40get 0.0000% / 8h4h 35m$1.3M$547K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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
$0
Price spread: +0.017% → +0.021%
−$0.42
Slippage, 4 orders
−$74.17
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$95.59
Costs to cover
0.952%
Break-even
never at this rate
Slippage from OKX: live order book, 21 min ago; Bybit: live order book, 1 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 OKX live order book, 21 min ago5.16 bp14.0 bp −$14325.9 bp −$3,259doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.53 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit

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
Aster LLYUSDT0.0000%8h1,163.2+0.084%$23K$3K20xas long as short
Bybit LLYUSDTshort0.0000%8h1,162.4+0.017%$1.3M$547K25x
OKX LLY-USDT-SWAPlong0.0000%8h1,162.2long leg$789K$642K20x
Gate LLY_USDT0.0000%8h1,162.9+0.063%$1.3M$880K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.3+0.094%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,162.8+0.056%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.1+0.080%$221$186K10xas long as short
SunX LLY-USDT0.0000%8h1,162.9+0.060%$2K$5.9M10xas long as short
HTX LLY-USDT0.0000%8h1,161.1−0.094%$5K$40K20xas long as short
BloFin LLY-USDT+0.0004%8h1,163.1+0.077%$84K$85K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LLYUSD+0.0015%1h1,162.6+0.035%$47K$41K5xas long as short
Binance LLYUSDT+0.0030%8h1,163.1+0.075%$2.0M$3.1M20xas long as short
QFEX LLY-USD+0.0035%1h1,163.3+0.094%$1.2M$4.3M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.4+0.015%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,162.6+0.034%$8.7M$1.2M10xas long as short
Nado LLY-PERP+0.0100%1h1,162.8+0.050%$39K$25110xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163+0.069%$137K$73K20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.1+1.110%$7K$24K12xas long as short
Phoenix LLY+0.0275%1h1,163.9+0.146%$1K$7K10xas long as short