Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget−0.056%7-day average −0.116% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$670.671% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.042%−$4 · spread now −0.056%, 7d avg −0.116%

Together, before fees−0.042%−$4 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: Gate is 0.060% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LLYUSDT	1,167.5	0	get 0.0000% / 8h	22m 35s	$2.3M	$175K	20x
Short	Gate LLY_USDT	1,166.8	0	get 0.0000% / 8h	22m 35s	$1.3M	$899K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → −0.116%: $6.04
Slippage, 4 orders: −$40.09
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$61.05
Costs to cover: 0.671%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 5 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 Bitget live order book, 5 min ago	7.71 bp	14.0 bp −$14	27.2 bp −$272	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	7.72 bp	16.4 bp −$16	doesn't fit	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
Nado LLY-PERP	−0.0005%	1h	1,166.8	−0.056%	$39K	$251	10x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,166.9	−0.046%	$1.3M	$631K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,167.5	+0.003%	$819K	$573K	20x	as long as short
Gate LLY_USDTshort	0.0000%	8h	1,166.8	−0.056%	$1.3M	$899K	25x
Bitget LLYUSDTlong	0.0000%	8h	1,167.5	long leg	$2.3M	$175K	20x
SunX LLY-USDT	0.0000%	8h	1,166.8	−0.057%	$1K	$6.5M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,165	−0.208%	$5K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0003%	1h	1,166.7	−0.065%	$47K	$42K	5x	as long as short
QFEX LLY-USD	+0.0023%	1h	1,166.5	−0.082%	$1.2M	$5.1M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166.6	−0.075%	—	—	25x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:LLY	+0.0050%	1h	1,166.8	−0.057%	$8.6M	$1.1M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,166.7	−0.065%	$138K	$81K	20x	as long as short
Aster LLYUSDT	+0.0103%	8h	1,166.3	−0.102%	$24K	$3K	20x	as long as short
Variational Omni LLY	+0.0122%	8h	1,166.6	−0.076%	$191K	$19K	—	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,178.5	+0.946%	$10K	$21K	12x	as long as short
Binance LLYUSDT	+0.0294%	8h	1,166.8	−0.052%	$2.0M	$3.1M	20x	as long as short
BloFin LLY-USDT	+0.0300%	8h	1,167	−0.038%	$84K	$85K	20x	as long as short
Phoenix LLY	+0.0343%	1h	1,166.7	−0.065%	$1K	$7K	10x	as long as short
GRVT LLY_USDT_Perp	+0.0442%	8h	1,166.6	−0.075%	$397	$206K	10x	as long as short