Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0188%/8h= −20.5% APRpaid last 24h −0.066%

Price spread now: Gate against Nado−0.003%7-day average — · you buy dearer than you sell

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

Long on Nado Short on Gate

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LLY-PERP	1,165.1	0.0188	pay 0.0023% / 1h	18m 14s	$39K	$251	10x
Short	Gate LLY_USDT	1,165	0	get 0.0000% / 8h	3h 18m	$1.3M	$853K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.003%Rate

Funding earned: −$39.41
Price spread: −0.003% → 0.000%: −$0.25
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$61.66
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Gate: live order book, 4 min ago. 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 Gate live order book, 4 min ago	7.39 bp	42.4 bp −$42	doesn't fit	doesn't fit	doesn't fit

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
BloFin LLY-USDT	−0.0007%	8h	1,165.5	+0.040%	$83K	$85K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,165.5	+0.040%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.4	+0.027%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.3	+0.016%	$1.3M	$523K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,164.9	−0.015%	$790K	$605K	20x	as long as short
Gate LLY_USDTshort	0.0000%	8h	1,165	−0.003%	$1.3M	$853K	25x
Bitget LLYUSDT	0.0000%	8h	1,165.5	+0.037%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.1	+0.003%	$192K	$16K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.1	+0.006%	$221	$183K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.3	+0.020%	$2K	$5.8M	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LLY-USDT	0.0000%	8h	1,163.2	−0.157%	$5K	$41K	20x	as long as short
Aftermath Perps LLYUSD	+0.0016%	1h	1,164.7	−0.033%	$47K	$40K	5x	as long as short
QFEX LLY-USD	+0.0042%	1h	1,165.2	+0.012%	$1.2M	$3.9M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,164.7	−0.033%	—	—	25x	as long as short
tradeXYZ xyz:LLY	+0.0084%	1h	1,164.9	−0.015%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,165.2	+0.011%	$137K	$72K	20x	as long as short
Nado LLY-PERPlong	+0.0188%	1h	1,165.1	long leg	$39K	$251	10x
Injective LLY/USDC PERP	+0.0220%	1h	1,175.8	+0.921%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0344%	1h	1,165	−0.006%	$1K	$7K	10x	as long as short