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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.023%
Price spread now: Aster against Aftermath Perps+0.063%53s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.063% dearer against Aftermath Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps LLYUSD1,162.60.0005pay 0.0001% / 1h41m 31s$47K$41K5x
ShortAster LLYUSDT1,163.30.0015get 0.0015% / 8h6h 41m$23K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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
$2.24
Price spread: +0.063% → 0.000%
$6.35
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$8.41
Costs to cover
0.170%
Break-even
33.3 days
Slippage unknown: Aftermath Perps: no order-book sample; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Aster no order-book sample
Aftermath Perps and Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LLYUSDT0.0000%8h1,162.7+0.007%$1.3M$582K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.3+0.062%$792K$641K20xas long as short
Gate LLY_USDT0.0000%8h1,162.8+0.017%$1.3M$900K25xas long as short
Bitget LLYUSDT0.0000%8h1,163+0.035%$2.3M$173K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.2+0.052%$221$193K10xas long as short
SunX LLY-USDT0.0000%8h1,162.8+0.019%$2K$6.1M10xas long as short
HTX LLY-USDT0.0000%8h1,160.5−0.179%$5K$40K20xas long as short
Aftermath Perps LLYUSDlong+0.0005%1h1,162.6long leg$47K$41K5x
Aster LLYUSDTshort+0.0015%8h1,163.3+0.063%$23K$3K20x
QFEX LLY-USD+0.0026%1h1,163+0.034%$1.2M$4.8M10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LLY+0.0034%8h1,163.4+0.074%$191K$17Kas long as short
Vest LLY-USD-PERP+0.0046%1h1,161.9−0.061%25xas long as short
tradeXYZ xyz:LLY+0.0063%1h1,162.3−0.024%$8.6M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163+0.036%$137K$75K20xas long as short
BloFin LLY-USDT+0.0129%8h1,162.8+0.016%$84K$85K20xas long as short
Binance LLYUSDT+0.0138%8h1,163+0.031%$2.0M$3.1M20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,174.8+1.051%$7K$24K12xas long as short
Phoenix LLY+0.0275%1h1,163.4+0.070%$1K$7K10xas long as short
Nado LLY-PERP+0.0276%1h1,162.6−0.001%$39K$25110xas long as short