Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h −0.014%

Price spread now: Gate against Aftermath Perps+0.045%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Gate

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—needs both histories

The price spread pays, funding is against you. Gate is 0.045% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps LLYUSD	1,164.4	0.0017	pay 0.0002% / 1h	20m 40s	$47K	$40K	5x
Short	Gate LLY_USDT	1,164.9	0	get 0.0000% / 8h	3h 20m	$1.3M	$853K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee GatebpOrdersPrice spread, now +0.045%Rate

Funding earned: −$3.56
Price spread: +0.045% → 0.000%: $4.46
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$23.1
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Gate: live order book, 2 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Gate live order book, 2 min ago	7.39 bp	42.4 bp −$42	doesn't fit	doesn't fit	doesn't fit

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	−0.0025%	8h	1,165.6	+0.104%	$83K	$85K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,165.2	+0.074%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.3	+0.082%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165	+0.052%	$1.3M	$523K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,164.9	+0.047%	$790K	$605K	20x	as long as short
Gate LLY_USDTshort	0.0000%	8h	1,164.9	+0.045%	$1.3M	$853K	25x
Bitget LLYUSDT	0.0000%	8h	1,165.5	+0.096%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.1	+0.065%	$192K	$16K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,164.9	+0.051%	$256	$184K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.3	+0.082%	$2K	$5.8M	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	1,162.7	−0.142%	$5K	$41K	20x	as long as short
Aftermath Perps LLYUSDlong	+0.0017%	1h	1,164.4	long leg	$47K	$40K	5x
QFEX LLY-USD	+0.0042%	1h	1,165.1	+0.068%	$1.2M	$4.0M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,164.6	+0.021%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0098%	1h	1,164.5	+0.013%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,164.9	+0.047%	$137K	$72K	20x	as long as short
Nado LLY-PERP	+0.0193%	1h	1,164.8	+0.037%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,175.8	+0.983%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0344%	1h	1,165	+0.056%	$1K	$7K	10x	as long as short