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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against SunX+0.015%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1611.610% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.020%+$2 · spread now +0.015%, 7d avg +0.035%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LLY-USDT1,1660get 0.0000% / 8h1h 47m$2K$6.6M10x
ShortBitget LLYUSDT1,166.20get 0.0000% / 8h1h 47m$2.3M$176K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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: +0.015% → +0.035%
−$1.94
Slippage, 4 orders
−$140.98
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$162.92
Costs to cover
1.610%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; Bitget: live order book, 4 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 SunX live order book, 11 min ago46.32 bp64.5 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago9.22 bp15.5 bp −$1638.8 bp −$388doesn'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
QFEX LLY-USD−0.0006%1h1,165.8−0.020%$1.2M$4.9M10xas long as short
Aster LLYUSDT0.0000%8h1,164.7−0.109%$24K$3K20xas long as short
Bybit LLYUSDT0.0000%8h1,165.3−0.064%$1.3M$636K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,165.2−0.069%$819K$563K20xas long as short
Gate LLY_USDT0.0000%8h1,165.5−0.047%$1.3M$908K25xas long as short
Bitget LLYUSDTshort0.0000%8h1,166.2+0.015%$2.3M$176K20x
Variational Omni LLY0.0000%8h1,166+0.001%$191K$19Kas long as short
SunX LLY-USDTlong0.0000%8h1,166long leg$2K$6.6M10x
HTX LLY-USDT0.0000%8h1,164.3−0.149%$6K$40K20xas long as short
Aftermath Perps LLYUSD+0.0011%1h1,165.1−0.081%$47K$41K5xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LLY-USD-PERP+0.0046%1h1,165−0.086%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,165.6−0.034%$8.6M$1.1M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,165.3−0.060%$139K$56K20xas long as short
Binance LLYUSDT+0.0148%8h1,166−0.004%$2.0M$3.1M20xas long as short
BloFin LLY-USDT+0.0166%8h1,166.1+0.011%$84K$84K20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177.6+0.995%$10K$21K12xas long as short
Nado LLY-PERP+0.0273%1h1,165.1−0.078%$39K$25110xas long as short
Phoenix LLY+0.0274%1h1,165.2−0.069%$1K$7K10xas long as short
GRVT LLY_USDT_Perp+0.0360%8h1,165.6−0.031%$233$208K10xas long as short