Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: OKX against Vest+0.053%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 OKX

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. OKX is 0.053% dearer against Vest than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest LLY-USD-PERP	1,164.1	0.0046	pay 0.0006% / 1h	59m 03s	—	—	25x
Short	OKX LLY-USDT-SWAP	1,164.7	0	get 0.0000% / 8h	7h 59m	$795K	$570K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$9.59
Price spread: +0.053% → 0.000%: $5.33
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: −$16.27
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; OKX: live order book, 37 min ago. 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 OKX live order book, 37 min ago	3.86 bp	35.1 bp −$35	doesn't fit	doesn't fit	doesn't fit

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	1,165.7	+0.138%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.3	+0.101%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.7	+0.138%	$1.3M	$343K	25x	as long as short
OKX LLY-USDT-SWAPshort	0.0000%	8h	1,164.7	+0.053%	$795K	$570K	20x
Gate LLY_USDT	0.0000%	8h	1,164.9	+0.072%	$1.3M	$634K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,165.5	+0.118%	$2.3M	$166K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,164.8	+0.060%	$193K	$19K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.2	+0.092%	$233	$171K	10x	as long as short
Nado LLY-PERP	0.0000%	1h	1,164.7	+0.057%	$39K	$251	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.3	+0.105%	$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	1,163	−0.097%	$5K	$41K	20x	as long as short
BloFin LLY-USDT	+0.0011%	8h	1,165.3	+0.105%	$84K	$85K	20x	as long as short
QFEX LLY-USD	+0.0022%	1h	1,165.4	+0.117%	$1.2M	$3.1M	10x	as long as short
Aftermath Perps LLYUSD	+0.0031%	1h	1,164.5	+0.038%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERPlong	+0.0046%	1h	1,164.1	long leg	—	—	25x
KuCoin LLYUSDTM	+0.0100%	8h	1,164.7	+0.053%	$136K	$80K	20x	as long as short
tradeXYZ xyz:LLY	+0.0123%	1h	1,165.5	+0.122%	$8.7M	$1.1M	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.170%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0274%	1h	1,165.6	+0.131%	$1K	$7K	10x	as long as short