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 −0.030%
Price spread now: OKX against KuCoin−0.009%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,535as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,523as in the Price arb table
costs, in and out, $10k−$1,52215.220% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.132%−$13 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.009%, 7d avg +0.005%
Together, before fees−0.051%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LLYUSDTM1,164.20.0100pay 0.0100% / 8h3h 37m$137K$73K20x
ShortOKX LLY-USDT-SWAP1,164.10get 0.0000% / 8h3h 37m$789K$617K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.009% → +0.005%
−$1.33
Slippage, 4 orders
−$1,499.95
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$1,544.29
Costs to cover
15.220%
Break-even
never at this rate
Slippage from KuCoin: live order book, 26 min ago; OKX: live order book, 13 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, 26 min ago15.91 bp546.6 bp −$547doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 13 min ago2.58 bp33.0 bp −$33doesn't fitdoesn'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
BloFin LLY-USDT−0.0024%8h1,164.5+0.022%$83K$85K20xas long as short
Aster LLYUSDT0.0000%8h1,164.3+0.010%$24K$3K20xas long as short
Binance LLYUSDT0.0000%8h1,164.5+0.022%$2.0M$3.1M20xas long as short
Bybit LLYUSDT0.0000%8h1,164.1−0.005%$1.3M$523K25xas long as short
OKX LLY-USDT-SWAPshort0.0000%8h1,164.1−0.009%$789K$617K20x
Gate LLY_USDT0.0000%8h1,164−0.017%$1.3M$852K25xas long as short
Bitget LLYUSDT0.0000%8h1,164.8+0.054%$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%$5K$41K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LLYUSD+0.0022%1h1,163.9−0.025%$47K$41K5xas long as short
GRVT LLY_USDT_Perp+0.0031%8h1,164.4+0.014%$245$185K10xas long as short
QFEX LLY-USD+0.0042%1h1,164.4+0.019%$1.2M$4.1M10xas 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$73K20x
tradeXYZ xyz:LLY+0.0163%1h1,164−0.017%$8.7M$1.2M10xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.8+0.996%$7K$24K12xas long as short
Nado LLY-PERP+0.0233%1h1,163.9−0.026%$39K$25110xas long as short
Phoenix LLY+0.0344%1h1,164.4+0.017%$1K$7K10xas long as short