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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0137%/8h= −15.0% APRnext payment $0.17 per $10,000 · paid last 24h +0.046%
Price spread now: Nado against QFEX−0.101%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 4 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Nado is 0.101% cheaper against QFEX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LLY-USD1,159.60.0075pay 0.0009% / 1h0m 00s$1.2M$3.1M10x
ShortNado LLY-PERP1,158.4−0.0062pay 0.0008% / 1h0m 00s$39K$25110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
−$28.79
Price spread: −0.101% → 0.000%
−$10.07
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$55.86
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 6 min ago; Nado: 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago1.12 bp8.6 bp −$914.6 bp −$146doesn't fitdoesn't fit
Sell Nado no order-book sample
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LLY-PERPshort−0.0062%1h1,158.4−0.101%$39K$25110x
Aster LLYUSDT0.0000%8h1,160.1+0.043%$23K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,160+0.040%$2.0M$3.4M20xas long as short
Bybit LLYUSDT0.0000%8h1,159−0.048%$1.4M$428K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,160.4+0.072%$811K$582K20xas long as short
Gate LLY_USDT0.0000%8h1,158.8−0.069%$1.3M$623K25xas long as short
Bitget LLYUSDT0.0000%8h1,159.7+0.013%$2.3M$180K20xas long as short
Variational Omni LLY0.0000%8h1,159.5−0.005%$190K$20Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,161.9+0.204%$256$153K10xas long as short
SunX LLY-USDT0.0000%8h1,160+0.037%$1K$4.7M10xas long as short
Show all 19 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX LLY-USDT0.0000%8h1,159.2−0.029%$5K$41K20xas long as short
Aftermath Perps LLYUSD0.0000%1h1,160.1+0.043%$51K$46K5xas long as short
BloFin LLY-USDT+0.0020%8h1,159.2−0.034%$38K$86K20xas long as short
Injective LLY/USDC PERP+0.0033%1h1,160+0.037%$20K$37K12xas long as short
Vest LLY-USD-PERP+0.0046%1h1,158.5−0.090%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,158.5−0.092%$8.7M$1.2M10xas long as short
QFEX LLY-USDlong+0.0075%1h1,159.6long leg$1.2M$3.1M10x
KuCoin LLYUSDTM+0.0100%8h1,158.7−0.075%$140K$207K20xas long as short
Phoenix LLY+0.0275%1h1,159.8+0.020%$1K$7K10xas long as short