Settings8H · net · $10k
Funding arb · Price arb /

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against OKX+0.014%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.750% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.014%, 7d avg +0.022%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LLY-USDT-SWAP1,166.20get 0.0000% / 8h39m 03s$819K$571K20x
ShortBybit LLYUSDT1,166.40get 0.0000% / 8h39m 03s$1.3M$636K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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
$0
Price spread: +0.014% → +0.022%
−$0.88
Slippage, 4 orders
−$54
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$75.88
Costs to cover
0.750%
Break-even
never at this rate
Slippage from OKX: live order book, 37 min ago; Bybit: live order book, 2 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 OKX live order book, 37 min ago3.00 bp18.0 bp −$18387.2 bp −$3,872doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.40 bp18.0 bp −$18doesn'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
Nado LLY-PERP−0.0032%1h1,166.8+0.054%$39K$25110xas long as short
Bybit LLYUSDTshort0.0000%8h1,166.4+0.014%$1.3M$636K25x
OKX LLY-USDT-SWAPlong0.0000%8h1,166.2long leg$819K$571K20x
Gate LLY_USDT0.0000%8h1,166.3+0.010%$1.3M$898K25xas long as short
Bitget LLYUSDT0.0000%8h1,167+0.066%$2.3M$176K20xas long as short
SunX LLY-USDT0.0000%8h1,166.4+0.017%$1K$6.6M10xas long as short
HTX LLY-USDT0.0000%8h1,164.7−0.131%$5K$40K20xas long as short
Aftermath Perps LLYUSD+0.0003%1h1,166.5+0.026%$47K$41K5xas long as short
QFEX LLY-USD+0.0023%1h1,166.5+0.023%$1.2M$5.1M10xas long as short
Vest LLY-USD-PERP+0.0046%1h1,166.7+0.039%25xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:LLY+0.0050%1h1,166.7+0.043%$8.6M$1.1M10xas long as short
Aster LLYUSDT+0.0069%8h1,166.3+0.007%$24K$3K20xas long as short
KuCoin LLYUSDTM+0.0100%8h1,166.3+0.009%$138K$81K20xas long as short
Variational Omni LLY+0.0102%8h1,166.1−0.009%$191K$19Kas long as short
Injective LLY/USDC PERP+0.0220%1h1,178.1+1.020%$10K$21K12xas long as short
BloFin LLY-USDT+0.0253%8h1,166.4+0.021%$84K$85K20xas long as short
Binance LLYUSDT+0.0268%8h1,166.4+0.020%$2.0M$3.1M20xas long as short
Phoenix LLY+0.0343%1h1,167.3+0.094%$1K$7K10xas long as short
GRVT LLY_USDT_Perp+0.0448%8h1,166.3+0.011%$840$207K10xas long as short