Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0202%/8h= +22.2% APRpaid last 24h +0.066%

Price spread now: Nado against HTX+0.013%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LLY-USDT	1,165.4	0	get 0.0000% / 8h	2h 25m	$6K	$41K	20x
Short	Nado LLY-PERP	1,165.5	0.0202	get 0.0025% / 1h	25m 05s	$39K	$251	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against HTX. 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 HTXbpFee NadobpOrdersPrice spread, now +0.013%Rate

Funding earned: $42.51
Price spread: +0.013% → 0.000%: $1.26
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $24.76
Costs to cover: 0.190%
Break-even: 2.9 days

Slippage unknown: HTX: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell Nado no order-book sample	—	—	—	—	—

HTX and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LLYUSDT	0.0000%	8h	1,165.9	+0.046%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,166.3	+0.075%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,166	+0.052%	$1.3M	$398K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.5	+0.009%	$790K	$568K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.8	+0.030%	$1.3M	$829K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.3	+0.080%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,166.2	+0.069%	$193K	$16K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.9	+0.042%	$222	$180K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,166.2	+0.069%	$1K	$5.8M	10x	as long as short
HTX LLY-USDTlong	0.0000%	8h	1,165.4	long leg	$6K	$41K	20x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX LLY-USD	+0.0011%	1h	1,165.8	+0.038%	$1.2M	$3.8M	10x	as long as short
Aftermath Perps LLYUSD	+0.0014%	1h	1,165.7	+0.026%	$47K	$40K	5x	as long as short
BloFin LLY-USDT	+0.0014%	8h	1,166.3	+0.079%	$84K	$86K	20x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,166.4	+0.083%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,165.8	+0.034%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,165.9	+0.043%	$137K	$71K	20x	as long as short
Nado LLY-PERPshort	+0.0202%	1h	1,165.5	+0.013%	$39K	$251	10x
Injective LLY/USDC PERP	+0.0220%	1h	1,177.3	+1.021%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0274%	1h	1,166.4	+0.086%	$1K	$7K	10x	as long as short