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

LLY

RWAall LLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.068%
Price spread now: Binance against SunX+0.010%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1571.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.010%, 7d avg +0.006%
Together, before fees+0.258%+$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LLY-USDT1,165.60get 0.0000% / 8h2h 05m$2K$5.8M10x
ShortBinance LLYUSDT1,165.70get 0.0000% / 8h2h 05m$2.0M$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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: +0.010% → +0.006%
$0.42
Slippage, 4 orders
−$138.97
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$156.56
Costs to cover
1.570%
Break-even
never at this rate
Slippage from SunX: live order book, 13 min ago; Binance: live order book, 15 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 SunX live order book, 13 min ago46.31 bp64.4 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago1.80 bp11.4 bp −$1127.9 bp −$279doesn'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
Aster LLYUSDT0.0000%8h1,165.5−0.011%$24K$3K20xas long as short
Binance LLYUSDTshort0.0000%8h1,165.7+0.010%$2.0M$3.2M20x
Bybit LLYUSDT0.0000%8h1,165−0.048%$1.3M$401K25xas long as short
OKX LLY-USDT-SWAP0.0000%8h1,165−0.051%$789K$569K20xas long as short
Gate LLY_USDT0.0000%8h1,165.5−0.009%$1.3M$833K25xas long as short
Bitget LLYUSDT0.0000%8h1,165.7+0.010%$2.3M$169K20xas long as short
Variational Omni LLY0.0000%8h1,165.5−0.007%$193K$18Kas long as short
GRVT LLY_USDT_Perp0.0000%8h1,165.5−0.010%$210$180K10xas long as short
SunX LLY-USDTlong0.0000%8h1,165.6long leg$2K$5.8M10x
HTX LLY-USDT0.0000%8h1,163.9−0.148%$5K$41K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LLY-USD+0.0011%1h1,165.6−0.002%$1.2M$3.7M10xas long as short
Aftermath Perps LLYUSD+0.0019%1h1,165.2−0.036%$47K$40K5xas long as short
BloFin LLY-USDT+0.0021%8h1,165.4−0.015%$83K$86K20xas long as short
Vest LLY-USD-PERP+0.0046%1h1,165−0.054%25xas long as short
tradeXYZ xyz:LLY+0.0050%1h1,165−0.051%$8.7M$1.2M10xas long as short
KuCoin LLYUSDTM+0.0100%8h1,165.4−0.017%$139K$71K20xas long as short
Injective LLY/USDC PERP+0.0220%1h1,178+1.064%$7K$24K12xas long as short
Nado LLY-PERP+0.0225%1h1,164.9−0.056%$39K$25110xas long as short
Phoenix LLY+0.0274%1h1,165.60.000%$1K$7K10xas long as short