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+0.0114%/8h= +12.4% APRpaid last 24h +0.066%
Price spread now: Nado against Gate+0.053%50s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.053% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LLY_USDT1,165.40get 0.0000% / 8h55m 39s$1.3M$755K25x
ShortNado LLY-PERP1,1660.0114get 0.0014% / 1h55m 39s$39K$25110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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
$23.84
Price spread: +0.053% → 0.000%
$5.3
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$7.13
Costs to cover
0.220%
Break-even
4.9 days
Slippage unknown: Gate: live order book, 2 min ago; Nado: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago10.69 bp27.1 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LLY-USDT−0.0020%8h1,166.1+0.061%$84K$86K20xas long as short
Aster LLYUSDT0.0000%8h1,165.4+0.003%$24K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,165.8+0.036%$2.0M$3.1M20xas long as short
Bybit LLYUSDT0.0000%8h1,165.6+0.020%$1.3M$350K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,165.8+0.033%$790K$567K20xas long as short
Gate LLY_USDTlong0.0000%8h1,165.4long leg$1.3M$755K25x
Bitget LLYUSDT0.0000%8h1,166.2+0.070%$2.3M$167K20xas long as short
Variational Omni LLY0.0000%8h1,165.8+0.030%$193K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,166+0.053%$222$176K10xas long as short
SunX LLY-USDT0.0000%8h1,165.9+0.042%$2K$5.7M10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX LLY-USDT0.0000%8h1,164.6−0.067%$6K$42K20xas long as short
Aftermath Perps LLYUSD+0.0019%1h1,165.7+0.028%$47K$40K5xas long as short
QFEX LLY-USD+0.0022%1h1,165.8+0.029%$1.2M$3.4M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,165.9+0.041%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,165.7+0.025%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,165.6+0.016%$137K$67K20xas long as short
Nado LLY-PERPshort+0.0114%1h1,166+0.053%$39K$25110x
Phoenix LLY+0.0206%1h1,166.3+0.076%$1K$7K10xas long as short
Injective LLY/USDC PERP+0.0220%1h1,177.7+1.055%$7K$24K12xas long as short