Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h +0.025%

Price spread now: Aster against QFEX−0.011%7-day average — · you buy dearer than you sell

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

Long on QFEX 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 airdropAster: 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: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX LLY-USD	1,163.7	0.0026	pay 0.0003% / 1h	39m 28s	$1.2M	$4.8M	10x
Short	Aster LLYUSDT	1,163.5	0.0015	get 0.0015% / 8h	6h 39m	$24K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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 QFEXbpFee AsterbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$2.4
Price spread: −0.011% → 0.000%: −$1.14
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$21.53
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 4 min ago; 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 QFEX live order book, 4 min ago	1.81 bp	8.0 bp −$8	14.5 bp −$145	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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	1,163.3	−0.028%	$1.3M	$581K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,164	+0.029%	$793K	$641K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,163.4	−0.020%	$1.3M	$900K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164	+0.026%	$2.3M	$173K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,163	−0.057%	$221	$193K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,164.1	+0.038%	$2K	$6.1M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.6	−0.008%	$5K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0005%	1h	1,162.6	−0.088%	$47K	$41K	5x	as long as short
Aster LLYUSDTshort	+0.0015%	8h	1,163.5	−0.011%	$24K	$3K	20x
Variational Omni LLY	+0.0024%	8h	1,162.8	−0.070%	$191K	$17K	—	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX LLY-USDlong	+0.0026%	1h	1,163.7	long leg	$1.2M	$4.8M	10x
Vest LLY-USD-PERP	+0.0046%	1h	1,162.7	−0.084%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,163.3	−0.031%	$8.6M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.5	−0.014%	$137K	$75K	20x	as long as short
BloFin LLY-USDT	+0.0129%	8h	1,162.8	−0.076%	$84K	$85K	20x	as long as short
Binance LLYUSDT	+0.0136%	8h	1,164.1	+0.042%	$2.0M	$3.1M	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,174.8	+0.957%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0274%	1h	1,163	−0.060%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0275%	1h	1,163.3	−0.031%	$1K	$7K	10x	as long as short