Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h +0.019%

Price spread now: BloFin against Vest+0.206%7-day average — · you sell dearer than you buy

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

Long on Vest Short on BloFin

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 airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. BloFin is 0.206% dearer against Vest than usual: you sell high and buy low (spread +0.206% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest LLY-USD-PERP	1,162.3	0.0046	pay 0.0006% / 1h	19m 59s	—	—	25x
Short	BloFin LLY-USDT	1,164.7	0.0007	get 0.0007% / 8h	7h 19m	$85K	$85K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Vest. 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 VestbpFee BloFinbpOrdersPrice spread, now +0.206%Rate

Funding earned: −$8.2
Price spread: +0.206% → 0.000%: $20.56
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1.64
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; BloFin: 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 Vest no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Vest and BloFin: 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
Nado LLY-PERP	−0.0091%	1h	1,163.7	+0.122%	$39K	$251	10x	as long as short
Aster LLYUSDT	0.0000%	8h	1,164.3	+0.172%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,164.4	+0.182%	$2.0M	$3.0M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,164.2	+0.163%	$1.3M	$294K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,164.7	+0.206%	$794K	$558K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,164.4	+0.179%	$1.3M	$643K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164.6	+0.197%	$2.3M	$117K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,164.4	+0.182%	$191K	$20K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,164.4	+0.183%	$221	$165K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,164.5	+0.189%	$2K	$5.3M	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	1,163.9	+0.133%	$5K	$42K	20x	as long as short
BloFin LLY-USDTshort	+0.0007%	8h	1,164.7	+0.206%	$85K	$85K	20x
Aftermath Perps LLYUSD	+0.0018%	1h	1,164.2	+0.167%	$47K	$27K	5x	as long as short
QFEX LLY-USD	+0.0035%	1h	1,164.1	+0.157%	$1.2M	$3.0M	10x	as long as short
Vest LLY-USD-PERPlong	+0.0046%	1h	1,162.3	long leg	—	—	25x
tradeXYZ xyz:LLY	+0.0050%	1h	1,163.7	+0.120%	$8.6M	$1.1M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,164	+0.146%	$136K	$120K	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.325%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0412%	1h	1,165.2	+0.250%	$1K	$7K	10x	as long as short