Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.068%

Price spread now: Bitget against Binance+0.081%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$540.538% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.224%−$22 on $10k

Price spread, last 7 days−0.067%−$7 · spread now +0.081%, 7d avg +0.023%

Together, before fees−0.292%−$29 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.058% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LLYUSDT	1,165.2	0	get 0.0000% / 8h	16m 43s	$2.0M	$3.1M	20x
Short	Bitget LLYUSDT	1,166.1	0	get 0.0000% / 8h	16m 43s	$2.3M	$166K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → +0.023%: $5.8
Slippage, 4 orders: −$31.77
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$47.97
Costs to cover: 0.538%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 6 min ago.

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, 4 min ago	1.84 bp	10.9 bp −$11	30.3 bp −$303	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	4.85 bp	13.7 bp −$14	45.1 bp −$451	doesn't fit	doesn't fit

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	1,164.8	−0.029%	$24K	$3K	20x	as long as short
Binance LLYUSDTlong	0.0000%	8h	1,165.2	long leg	$2.0M	$3.1M	20x
Bybit LLYUSDT	0.0000%	8h	1,165.2	+0.003%	$1.3M	$346K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.5	+0.027%	$795K	$571K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.4	+0.022%	$1.3M	$758K	25x	as long as short
Bitget LLYUSDTshort	0.0000%	8h	1,166.1	+0.081%	$2.3M	$166K	20x
Variational Omni LLY	0.0000%	8h	1,165.6	+0.037%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.5	+0.025%	$221	$172K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.2	+0.002%	$2K	$5.6M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,163.6	−0.139%	$5K	$42K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LLY-USDT	+0.0005%	8h	1,166	+0.071%	$84K	$85K	20x	as long as short
QFEX LLY-USD	+0.0022%	1h	1,164.8	−0.029%	$1.2M	$3.2M	10x	as long as short
Aftermath Perps LLYUSD	+0.0024%	1h	1,165.7	+0.048%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,164.4	−0.064%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0079%	1h	1,165.4	+0.019%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,164.9	−0.024%	$137K	$71K	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.075%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0241%	1h	1,164.7	−0.042%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0274%	1h	1,165.5	+0.027%	$1K	$7K	10x	as long as short