Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX−0.046%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Vest

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 airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.046% cheaper against SunX than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LLY-USDT	1,164.6	0	get 0.0000% / 8h	3h 39m	$1K	$5.8M	10x
Short	Vest LLY-USD-PERP	1,164.1	0.0046	get 0.0006% / 1h	39m 53s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee SunXbpFee VestbpOrdersPrice spread, now −0.046%Rate

Funding earned: $9.59
Price spread: −0.046% → 0.000%: −$4.64
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$5.04
Costs to cover: 0.100%
Break-even: 10.7 days

Slippage unknown: SunX: live order book, 9 min ago; Vest: 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 SunX live order book, 9 min ago	45.52 bp	63.7 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Aster LLYUSDT	0.0000%	8h	1,164.4	−0.020%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,164.6	0.000%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,164.1	−0.042%	$1.3M	$523K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.6	−0.086%	$789K	$632K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,164	−0.052%	$1.3M	$852K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164.8	+0.020%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,164.4	−0.016%	$192K	$16K	—	as long as short
SunX LLY-USDTlong	0.0000%	8h	1,164.6	long leg	$1K	$5.8M	10x
HTX LLY-USDT	0.0000%	8h	1,163.1	−0.133%	$6K	$41K	20x	as long as short
BloFin LLY-USDT	+0.0006%	8h	1,164.6	+0.001%	$83K	$85K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LLYUSD	+0.0023%	1h	1,164	−0.056%	$47K	$41K	5x	as long as short
QFEX LLY-USD	+0.0042%	1h	1,164.4	−0.017%	$1.2M	$4.1M	10x	as long as short
GRVT LLY_USDT_Perp	+0.0042%	8h	1,164.3	−0.027%	$233	$185K	10x	as long as short
Vest LLY-USD-PERPshort	+0.0046%	1h	1,164.1	−0.046%	—	—	25x
KuCoin LLYUSDTM	+0.0100%	8h	1,164.2	−0.034%	$137K	$74K	20x	as long as short
tradeXYZ xyz:LLY	+0.0163%	1h	1,164.1	−0.043%	$8.7M	$1.2M	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,176.3	+1.005%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0246%	1h	1,163.9	−0.061%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0344%	1h	1,164.4	−0.017%	$1K	$7K	10x	as long as short