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+0.0070%/8h= +7.7% APRpaid last 24h +0.031%
Price spread now: tradeXYZ against OKX−0.034%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$710.713% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.274%+$27 on $10k
Price spread, last 4 days (all we have)−0.157%−$16 · spread now −0.034%, 7d avg −0.037%
Together, before fees+0.117%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LLY-USDT-SWAP1,163.40get 0.0000% / 8h5h 00m$792K$644K20x
ShorttradeXYZ xyz:LLY1,1630.0070get 0.0009% / 1h0m 58s$8.7M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$14.74
Price spread: −0.034% → −0.037%
$0.31
Slippage, 4 orders
−$43.28
Fee OKX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$56.23
Costs to cover
0.713%
Break-even
33.7 days
Slippage from OKX: live order book, 60 min ago; tradeXYZ: live order book, 8 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, 60 min ago3.87 bp12.7 bp −$13367.1 bp −$3,671doesn't fitdoesn't fit
Sell tradeXYZ live order book, 8 min ago3.87 bp17.8 bp −$18doesn'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
Bybit LLYUSDT0.0000%8h1,163.1−0.024%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAPlong0.0000%8h1,163.4long leg$792K$644K20x
Gate LLY_USDT0.0000%8h1,163.6+0.015%$1.3M$904K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.8+0.032%$2.3M$176K20xas long as short
Variational Omni LLY0.0000%8h1,163.6+0.016%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.9+0.046%$221$188K10xas long as short
SunX LLY-USDT0.0000%8h1,163.7+0.026%$1K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,162.9−0.043%$5K$40K20xas long as short
Aster LLYUSDT+0.0012%8h1,163.6+0.013%$24K$3K20xas long as short
Aftermath Perps LLYUSD+0.0015%1h1,162.7−0.062%$47K$41K5xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0043%1h1,163.8+0.034%$1.2M$4.5M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.8−0.056%25xas long as short
BloFin LLY-USDT+0.0054%8h1,163.8+0.034%$84K$84K20xas long as short
tradeXYZ xyz:LLYshort+0.0070%1h1,163−0.034%$8.7M$1.2M10x
Binance LLYUSDT+0.0071%8h1,163.6+0.017%$2.0M$3.1M20xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.6+0.017%$137K$73K20xas long as short
Nado LLY-PERP+0.0141%1h1,163.2−0.014%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.2+1.014%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,164.4+0.086%$1K$7K10xas long as short