Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.022%

Price spread now: Aftermath Perps against Variational Omni+0.016%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · 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: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni LLY	1,165.6	0	get 0.0000% / 8h	35m 14s	$193K	$18K	—
Short	Aftermath Perps LLYUSD	1,165.7	0.0020	get 0.0002% / 1h	35m 14s	$47K	$40K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Variational Omni. 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 Variational OmnibpFee Aftermath PerpsbpOrdersPrice spread, now +0.016%Rate

Funding earned: $4.18
Price spread: +0.016% → 0.000%: $1.6
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$3.22
Costs to cover: 0.090%
Break-even: 12.4 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Aftermath Perps: 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 Variational Omni RFQ quote, 4 min ago	3.52 bp	doesn't fit	48.8 bp −$488	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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
BloFin LLY-USDT	−0.0016%	8h	1,166	+0.038%	$84K	$85K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,165.7	+0.009%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.7	+0.009%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.6	+0.007%	$1.3M	$347K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.6	+0.004%	$795K	$572K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.6	+0.003%	$1.3M	$756K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166	+0.040%	$2.3M	$167K	20x	as long as short
Variational Omni LLYlong	0.0000%	8h	1,165.6	long leg	$193K	$18K	—
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.6	+0.006%	$245	$174K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.6	+0.004%	$2K	$5.6M	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LLY-USDT	0.0000%	8h	1,164.8	−0.063%	$5K	$42K	20x	as long as short
Aftermath Perps LLYUSDshort	+0.0020%	1h	1,165.7	+0.016%	$47K	$40K	5x
QFEX LLY-USD	+0.0022%	1h	1,165.6	+0.003%	$1.2M	$3.3M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,165.3	−0.023%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,165.6	+0.004%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,165.5	−0.005%	$136K	$67K	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.042%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0227%	1h	1,165.3	−0.017%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0274%	1h	1,166.7	+0.098%	$1K	$7K	10x	as long as short