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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.060%
Price spread now: Nado against QFEX−0.025%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.025% cheaper against QFEX than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LLY-USD1,163.60.0043pay 0.0005% / 1h46m 08s$1.2M$4.7M10x
ShortNado LLY-PERP1,163.30.0141get 0.0018% / 1h46m 08s$39K$25110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against QFEX. 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
$20.48
Price spread: −0.025% → 0.000%
−$2.51
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$0.96
Costs to cover
0.170%
Break-even
6.7 days
Slippage unknown: QFEX: live order book, 7 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 7 min ago1.16 bp6.5 bp −$614.0 bp −$140doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LLYUSDT0.0000%8h1,163.2−0.030%$1.3M$581K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,164+0.037%$792K$645K20xas long as short
Gate LLY_USDT0.0000%8h1,163.3−0.023%$1.3M$902K25xas long as short
Bitget LLYUSDT0.0000%8h1,163.9+0.030%$2.3M$176K20xas long as short
GRVT LLY_USDT_Perp0.0000%8h1,164+0.040%$221$188K10xas long as short
SunX LLY-USDT0.0000%8h1,163.5−0.006%$2K$6.0M10xas long as short
HTX LLY-USDT0.0000%8h1,163.3−0.021%$5K$40K20xas long as short
Variational Omni LLY+0.0007%8h1,163.3−0.022%$192K$18Kas long as short
Aftermath Perps LLYUSD+0.0021%1h1,163.2−0.033%$47K$41K5xas long as short
QFEX LLY-USDlong+0.0043%1h1,163.6long leg$1.2M$4.7M10x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LLY-USD-PERP+0.0046%1h1,162.7−0.074%25xas long as short
Aster LLYUSDT+0.0050%8h1,163.5−0.008%$24K$3K20xas long as short
tradeXYZ xyz:LLY+0.0081%1h1,163.3−0.023%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,163.4−0.015%$137K$76K20xas long as short
Binance LLYUSDT+0.0138%8h1,163.5−0.006%$2.0M$3.1M20xas long as short
Nado LLY-PERPshort+0.0141%1h1,163.3−0.025%$39K$25110x
BloFin LLY-USDT+0.0163%8h1,164.5+0.083%$85K20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,175.6+1.034%$7K$24K12xas long as short
Phoenix LLY+0.0343%1h1,163.2−0.032%$1K$7K10xas long as short