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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.038%
Price spread now: Binance against KuCoin+0.036%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,494as in the Price arb table
costs, in and out, $10k−$1,49514.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.036%, 7d avg +0.032%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LLYUSDTM1,164.20.0100pay 0.0100% / 8h3h 40m$137K$74K20x
ShortBinance LLYUSDT1,164.60get 0.0000% / 8h3h 40m$2.0M$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
−$21
Price spread: +0.036% → +0.032%
$0.38
Slippage, 4 orders
−$1,472.7
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,515.32
Costs to cover
14.947%
Break-even
never at this rate
Slippage from KuCoin: live order book, 24 min ago; Binance: live order book, 10 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 KuCoin live order book, 24 min ago15.91 bp546.6 bp −$547doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.04 bp14.8 bp −$1536.4 bp −$364doesn'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
Aster LLYUSDT0.0000%8h1,164.3+0.011%$24K$3K20xas long as short
Binance LLYUSDTshort0.0000%8h1,164.6+0.036%$2.0M$3.1M20x
Bybit LLYUSDT0.0000%8h1,164.1−0.008%$1.3M$523K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,163.6−0.052%$789K$632K20xas long as short
Gate LLY_USDT0.0000%8h1,164−0.017%$1.3M$852K25xas long as short
Bitget LLYUSDT0.0000%8h1,164.8+0.053%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,164.4+0.018%$192K$16Kas long as short
SunX LLY-USDT0.0000%8h1,164.6+0.034%$1K$5.8M10xas long as short
HTX LLY-USDT0.0000%8h1,163.1−0.099%$6K$41K20xas long as short
BloFin LLY-USDT+0.0006%8h1,164.6+0.035%$83K$85K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LLYUSD+0.0023%1h1,163.9−0.025%$47K$41K5xas long as short
QFEX LLY-USD+0.0042%1h1,164.4+0.017%$1.2M$4.1M10xas long as short
GRVT LLY_USDT_Perp+0.0042%8h1,164.3+0.008%$233$185K10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,164.1−0.012%25xas long as short
KuCoin LLYUSDTMlong+0.0100%8h1,164.2long leg$137K$74K20x
tradeXYZ xyz:LLY+0.0162%1h1,164.1−0.009%$8.7M$1.2M10xas long as short
Injective LLY/USDC PERP+0.0220%1h1,176.3+1.039%$7K$24K12xas long as short
Nado LLY-PERP+0.0246%1h1,163.9−0.027%$39K$25110xas long as short
Phoenix LLY+0.0344%1h1,164.4+0.017%$1K$7K10xas long as short