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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against Binance−0.026%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,493as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,485as in the Price arb table
costs, in and out, $10k−$1,48614.855% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.026%, 7d avg −0.032%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LLYUSDT1,165.80get 0.0000% / 8h3h 03m$2.0M$3.1M20x
ShortKuCoin LLYUSDTM1,165.50.0100get 0.0100% / 8h3h 03m$137K$72K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: −0.026% → −0.032%
$0.61
Slippage, 4 orders
−$1,463.5
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,463.9
Costs to cover
14.855%
Break-even
495.0 days
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 60 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, 2 min ago0.04 bp11.0 bp −$1129.7 bp −$297doesn't fitdoesn't fit
Sell KuCoin live order book, 60 min ago15.91 bp922.9 bp −$923doesn'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
Aster LLYUSDT0.0000%8h1,165.5−0.025%$24K$3K20xas long as short
Binance LLYUSDTlong0.0000%8h1,165.8long leg$2.0M$3.1M20x
Bybit LLYUSDT0.0000%8h1,165.6−0.019%$1.3M$523K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,165.3−0.044%$790K$604K20xas long as short
Gate LLY_USDT0.0000%8h1,165.4−0.034%$1.3M$854K25xas long as short
Bitget LLYUSDT0.0000%8h1,166.2+0.029%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,165.6−0.014%$193K$16Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,165.7−0.008%$256$182K10xas long as short
SunX LLY-USDT0.0000%8h1,165.8−0.001%$2K$5.8M10xas long as short
HTX LLY-USDT0.0000%8h1,164−0.152%$6K$41K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LLYUSD+0.0015%1h1,165.4−0.039%$47K$40K5xas long as short
BloFin LLY-USDT+0.0018%8h1,165.6−0.019%$84K$85K20xas long as short
QFEX LLY-USD+0.0042%1h1,165.6−0.018%$1.2M$3.9M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,165.5−0.030%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,165.3−0.044%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTMshort+0.0100%8h1,165.5−0.026%$137K$72K20x
Nado LLY-PERP+0.0179%1h1,165.4−0.036%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,176.8+0.943%$7K$24K12xas long as short
Phoenix LLY+0.0344%1h1,165.7−0.009%$1K$7K10xas long as short