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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against Injective−1.055%7-day average · you buy dearer than you sell
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 3 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
Funding pays, the price is against you. Nado is 1.055% cheaper against Injective than usual: you would sell low and buy high (spread −1.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$105 on $10k: about 2 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LLY/USDC PERP1,176.30.0220pay 0.0028% / 1h43m 27s$7K$24K12x
ShortNado LLY-PERP1,163.90.0269get 0.0034% / 1h43m 27s$39K$25110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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
$10.36
Price spread: −1.055% → 0.000%
−$105.5
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$102.16
Costs to cover
0.070%
Break-even
76.1 days
Slippage unknown: Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Nado no order-book sample
Injective 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LLY-USDT−0.0020%8h1,164.1−1.038%$83K$85K20xas long as short
Aster LLYUSDT0.0000%8h1,164.2−1.029%$24K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,164.2−1.032%$2.0M$3.1M20xas long as short
Bybit LLYUSDT0.0000%8h1,164−1.046%$1.3M$523K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.6−1.080%$789K$635K20xas long as short
Gate LLY_USDT0.0000%8h1,163.6−1.076%$1.3M$852K25xas long as short
Bitget LLYUSDT0.0000%8h1,164.7−0.990%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,163.9−1.057%$192K$16Kas long as short
SunX LLY-USDT0.0000%8h1,164−1.046%$1K$5.8M10xas long as short
HTX LLY-USDT0.0000%8h1,162.6−1.164%$5K$41K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LLYUSD+0.0023%1h1,163.4−1.095%$47K$41K5xas long as short
QFEX LLY-USD+0.0042%1h1,164.1−1.036%$1.2M$4.1M10xas long as short
GRVT LLY_USDT_Perp+0.0042%8h1,164.3−1.021%$233$185K10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,163.9−1.052%25xas long as short
KuCoin LLYUSDTM+0.0100%8h1,164−1.046%$137K$74K20xas long as short
tradeXYZ xyz:LLY+0.0145%1h1,164.1−1.037%$8.7M$1.2M10xas long as short
Injective LLY/USDC PERPlong+0.0220%1h1,176.3long leg$7K$24K12x
Nado LLY-PERPshort+0.0269%1h1,163.9−1.055%$39K$25110x
Phoenix LLY+0.0344%1h1,164.7−0.986%$1K$7K10xas long as short