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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment $1.04 per $10,000 · paid last 24h −0.068%
Price spread now: Gate against Binance−0.027%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
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−0.074%−$7 · spread now −0.027%, 7d avg −0.092%
Together, before fees−0.298%−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.066% dearer against Binance than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.092%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LLYUSDT1,163.90.0104pay 0.0104% / 8h5h 29m$2.0M$3.1M20x
ShortGate LLY_USDT1,163.60get 0.0000% / 8h5h 29m$1.3M$902K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$21.84
Price spread: −0.027% → −0.092%
$6.56
Slippage, 4 orders
−$125.64
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$165.92
Costs to cover
1.506%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.12 bp13.9 bp −$1432.4 bp −$324doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago9.41 bp66.3 bp −$66doesn't fitdoesn't fitdoesn't fit

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%8h1,163.3−0.048%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.2−0.060%$792K$645K20xas long as short
Gate LLY_USDTshort0.0000%8h1,163.6−0.027%$1.3M$902K25x
Bitget LLYUSDT0.0000%8h1,163.7−0.016%$2.3M$176K20xas long as short
Variational Omni LLY0.0000%8h1,163.8−0.005%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.9+0.004%$210$189K10xas long as short
SunX LLY-USDT0.0000%8h1,164+0.009%$2K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,161.6−0.199%$6K$40K20xas long as short
Aftermath Perps LLYUSD+0.0018%1h1,162.8−0.093%$47K$41K5xas long as short
Aster LLYUSDT+0.0027%8h1,163.7−0.021%$24K$3K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0043%1h1,163.7−0.019%$1.2M$4.6M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.8−0.099%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,163.4−0.043%$8.7M$1.2M10xas long as short
BloFin LLY-USDT+0.0086%8h1,163.90.000%$84K$84K20xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.6−0.026%$137K$73K20xas long as short
Binance LLYUSDTlong+0.0104%8h1,163.9long leg$2.0M$3.1M20x
Nado LLY-PERP+0.0119%1h1,163.4−0.044%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.8+1.022%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,164.5+0.052%$1K$7K10xas long as short