Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h −0.054%

Price spread now: Aftermath Perps against Binance−0.025%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aftermath Perps

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

Funding pays, the price is against you. Aftermath Perps is 0.025% cheaper against Binance than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5.1 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LLYUSDT	1,166.7	0	get 0.0000% / 8h	1h 28m	$2.0M	$3.2M	20x
Short	Aftermath Perps LLYUSD	1,166.4	0.0016	get 0.0002% / 1h	28m 10s	$47K	$40K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Binance. 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 BinancebpFee Aftermath PerpsbpOrdersPrice spread, now −0.025%Rate

Funding earned: $3.46
Price spread: −0.025% → 0.000%: −$2.5
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$18.04
Costs to cover: 0.190%
Break-even: 43.5 days

Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago	1.28 bp	13.0 bp −$13	25.9 bp −$259	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	−0.0017%	8h	1,166.7	+0.004%	$84K	$86K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,166.3	−0.031%	$24K	$3K	20x	as long as short
Binance LLYUSDTlong	0.0000%	8h	1,166.7	long leg	$2.0M	$3.2M	20x
Bybit LLYUSDT	0.0000%	8h	1,166.1	−0.052%	$1.3M	$400K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,166	−0.059%	$790K	$567K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,166.3	−0.037%	$1.3M	$811K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.5	−0.013%	$2.3M	$167K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,166.7	0.000%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.8	−0.075%	$245	$176K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.8	+0.009%	$2K	$5.7M	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	1,165.6	−0.096%	$5K	$41K	20x	as long as short
QFEX LLY-USD	+0.0012%	1h	1,166.5	−0.021%	$1.2M	$3.5M	10x	as long as short
Aftermath Perps LLYUSDshort	+0.0016%	1h	1,166.4	−0.025%	$47K	$40K	5x
Vest LLY-USD-PERP	+0.0046%	1h	1,165.9	−0.066%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0071%	1h	1,166.4	−0.025%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,166.4	−0.025%	$137K	$68K	20x	as long as short
Nado LLY-PERP	+0.0163%	1h	1,165.9	−0.066%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0206%	1h	1,167.8	+0.095%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,178.7	+1.029%	$7K	$24K	12x	as long as short