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

LLY

RWAall LLY markets
SwapBacktest
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 0.000%
Price spread now: OKX against Bitget−0.031%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$730.727% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.031%, 7d avg −0.047%
Together, before fees+0.240%+$24 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LLYUSDT1,163.60get 0.0000% / 8h5h 28m$2.3M$176K20x
ShortOKX LLY-USDT-SWAP1,163.20get 0.0000% / 8h5h 28m$792K$645K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: −0.031% → −0.047%
$1.59
Slippage, 4 orders
−$50.7
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$71.11
Costs to cover
0.727%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 33 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 Bitget live order book, 4 min ago9.32 bp17.8 bp −$1838.6 bp −$386doesn't fitdoesn't fit
Sell OKX live order book, 33 min ago3.87 bp26.4 bp −$26doesn'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%8h1,162.5−0.093%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAPshort0.0000%8h1,163.2−0.031%$792K$645K20x
Gate LLY_USDT0.0000%8h1,163.7+0.008%$1.3M$902K25xas long as short
Bitget LLYUSDTlong0.0000%8h1,163.6long leg$2.3M$176K20x
Variational Omni LLY0.0000%8h1,163.8+0.024%$192K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,163.9+0.033%$210$189K10xas long as short
SunX LLY-USDT0.0000%8h1,164+0.038%$2K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,161.6−0.170%$6K$40K20xas long as short
Aftermath Perps LLYUSD+0.0018%1h1,162.8−0.064%$47K$41K5xas long as short
Aster LLYUSDT+0.0025%8h1,163.2−0.032%$23K$3K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0043%1h1,163.3−0.020%$1.2M$4.6M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,162.5−0.094%25xas long as short
tradeXYZ xyz:LLY+0.0052%1h1,163.4−0.014%$8.7M$1.2M10xas long as short
BloFin LLY-USDT+0.0086%8h1,163.9+0.029%$84K$84K20xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.3−0.022%$137K$73K20xas long as short
Binance LLYUSDT+0.0103%8h1,163.4−0.015%$2.0M$3.1M20xas long as short
Nado LLY-PERP+0.0121%1h1,162.9−0.055%$39K$25110xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.8+1.052%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,164.5+0.081%$1K$7K10xas long as short