Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.054%

Price spread now: Aftermath Perps against BloFin−0.055%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aftermath Perps is 0.055% cheaper against BloFin than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LLY-USDT	1,166.9	0.0012	pay 0.0012% / 8h	1h 43m	$84K	$86K	20x
Short	Aftermath Perps LLYUSD	1,166.2	0.0013	get 0.0002% / 1h	43m 49s	$47K	$40K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BloFin. 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 BloFinbpFee Aftermath PerpsbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0.33
Price spread: −0.055% → 0.000%: −$5.46
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$26.12
Costs to cover: 0.210%
Break-even: 554.7 days

Slippage unknown: BloFin: no order-book sample; Aftermath Perps: no order-book sample. Net counts fees only.

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 BloFin no order-book sample	—	—	—	—	—
Sell Aftermath Perps no order-book sample	—	—	—	—	—

BloFin and Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,166.6	−0.025%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,166.7	−0.011%	$2.0M	$3.2M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,166.4	−0.039%	$1.3M	$401K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,166	−0.075%	$790K	$567K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,166.1	−0.070%	$1.3M	$810K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.7	−0.013%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,166.7	−0.015%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,166.6	−0.021%	$257	$178K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.8	−0.006%	$2K	$5.8M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,166	−0.079%	$6K	$41K	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-USDTlong	+0.0012%	8h	1,166.9	long leg	$84K	$86K	20x
QFEX LLY-USD	+0.0012%	1h	1,166.4	−0.043%	$1.2M	$3.6M	10x	as long as short
Aftermath Perps LLYUSDshort	+0.0013%	1h	1,166.2	−0.055%	$47K	$40K	5x
Vest LLY-USD-PERP	+0.0046%	1h	1,166.5	−0.030%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,166.5	−0.032%	$8.7M	$1.2M	10x	as long as short
Nado LLY-PERP	+0.0088%	1h	1,166.5	−0.028%	$39K	$251	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,166.4	−0.040%	$137K	$68K	20x	as long as short
Phoenix LLY	+0.0206%	1h	1,167.3	+0.037%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.5	+0.911%	$7K	$24K	12x	as long as short