Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.039%

Price spread now: Nado against KuCoin−0.014%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LLYUSDTM	1,163	0.0100	pay 0.0100% / 8h	4h 34m	$137K	$73K	20x
Short	Nado LLY-PERP	1,162.8	0.0098	get 0.0012% / 1h	34m 10s	$39K	$251	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee KuCoinbpFee NadobpOrdersPrice spread, now −0.014%Rate

Funding earned: −$0.42
Price spread: −0.014% → 0.000%: −$1.44
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$20.86
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 40 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 40 min ago	12.91 bp	485.1 bp −$485	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LLYUSDT	0.0000%	8h	1,163.2	+0.016%	$23K	$3K	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,162.5	−0.046%	$1.3M	$531K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.9	+0.077%	$790K	$645K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,162.9	−0.008%	$1.3M	$880K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,163.5	+0.039%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,162.8	−0.013%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,163.1	+0.011%	$221	$186K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,163	0.000%	$2K	$5.9M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,161	−0.169%	$5K	$40K	20x	as long as short
Aftermath Perps LLYUSD	+0.0014%	1h	1,162.6	−0.034%	$47K	$41K	5x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LLY-USDT	+0.0018%	8h	1,163.3	+0.026%	$84K	$85K	20x	as long as short
Binance LLYUSDT	+0.0029%	8h	1,163.1	+0.008%	$2.0M	$3.1M	20x	as long as short
QFEX LLY-USD	+0.0035%	1h	1,163.1	+0.007%	$1.2M	$4.3M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,162.6	−0.034%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,162.7	−0.026%	$8.7M	$1.2M	10x	as long as short
Nado LLY-PERPshort	+0.0098%	1h	1,162.8	−0.014%	$39K	$251	10x
KuCoin LLYUSDTMlong	+0.0100%	8h	1,163	long leg	$137K	$73K	20x
Injective LLY/USDC PERP	+0.0220%	1h	1,175.1	+1.040%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0275%	1h	1,163.9	+0.077%	$1K	$7K	10x	as long as short