Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0157%/8h= +17.2% APRpaid last 24h −0.025%

Price spread now: BloFin against Nado+0.084%7-day average — · you sell dearer than you buy

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

Long on Nado Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.084% dearer against Nado than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LLY-PERP	1,161.4	−0.0130	get 0.0016% / 1h	56m 26s	$39K	$251	10x
Short	BloFin LLY-USDT	1,162.4	0.0027	get 0.0027% / 8h	4h 56m	$87K	$87K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Nado. 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 NadobpFee BloFinbpOrdersPrice spread, now +0.084%Rate

Funding earned: $33
Price spread: +0.084% → 0.000%: $8.42
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $22.43
Costs to cover: 0.190%
Break-even: 2.2 days

Slippage unknown: Nado: no order-book sample; BloFin: 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 Nado no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Nado and BloFin: 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 exchanges

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
Nado LLY-PERPlong	−0.0130%	1h	1,161.4	long leg	$39K	$251	10x
Bybit LLYUSDT	−0.0069%	8h	1,161.5	+0.012%	$1.4M	$501K	25x	as long as short
Aftermath Perps LLYUSD	−0.0023%	1h	1,162.5	+0.096%	$47K	$50K	5x	as long as short
GRVT LLY_USDT_Perp	−0.0007%	8h	1,163	+0.138%	$965	$150K	10x	as long as short
Aster LLYUSDT	0.0000%	8h	1,161.9	+0.040%	$23K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,162.1	+0.063%	$2.0M	$3.4M	20x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,162.2	+0.069%	$819K	$548K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,161.3	−0.005%	$1.3M	$618K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,162.2	+0.068%	$2.3M	$178K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,163	+0.137%	$190K	$20K	—	as long as short

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX LLY-USDT	0.0000%	8h	1,162.1	+0.060%	$2K	$4.4M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,164.5	+0.266%	$5K	$42K	20x	as long as short
QFEX LLY-USD	+0.0013%	1h	1,161.4	−0.002%	$1.2M	$3.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0025%	8h	1,161.7	+0.026%	$141K	$279K	20x	as long as short
BloFin LLY-USDTshort	+0.0027%	8h	1,162.4	+0.084%	$87K	$87K	20x
Injective LLY/USDC PERP	+0.0033%	1h	1,160	−0.121%	$20K	$37K	12x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,161.9	+0.041%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0050%	1h	1,161	−0.035%	$8.7M	$1.1M	10x	as long as short
Phoenix LLY	+0.0207%	1h	1,162.2	+0.069%	$1K	$9K	10x	as long as short