Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h +0.039%

Price spread now: BloFin against tradeXYZ−0.012%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$5 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: 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: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:LLY	1,165.7	0.0050	pay 0.0006% / 1h	30m 58s	$8.7M	$1.2M	10x
Short	BloFin LLY-USDT	1,165.6	−0.0016	pay 0.0016% / 8h	30m 58s	$84K	$85K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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 tradeXYZbpFee BloFinbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$13.8
Price spread: −0.012% → 0.000%: −$1.2
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$45
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 8 min ago; 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 tradeXYZ live order book, 8 min ago	0.86 bp	14.3 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

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 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-USDTshort	−0.0016%	8h	1,165.6	−0.012%	$84K	$85K	20x
Aster LLYUSDT	0.0000%	8h	1,165.6	−0.010%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.6	−0.011%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,165.6	−0.005%	$1.3M	$347K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.6	−0.009%	$795K	$572K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.6	−0.009%	$1.3M	$756K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.1	+0.038%	$2.3M	$167K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.6	−0.013%	$193K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.6	−0.005%	$210	$173K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.7	0.000%	$2K	$5.6M	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	1,163.1	−0.223%	$6K	$42K	20x	as long as short
Aftermath Perps LLYUSD	+0.0020%	1h	1,165.7	+0.003%	$47K	$40K	5x	as long as short
QFEX LLY-USD	+0.0022%	1h	1,165.6	−0.008%	$1.2M	$3.3M	10x	as long as short
Vest LLY-USD-PERP	+0.0046%	1h	1,165.3	−0.036%	—	—	25x	as long as short
tradeXYZ xyz:LLYlong	+0.0050%	1h	1,165.7	long leg	$8.7M	$1.2M	10x
KuCoin LLYUSDTM	+0.0100%	8h	1,165.4	−0.026%	$136K	$68K	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.029%	$7K	$24K	12x	as long as short
Nado LLY-PERP	+0.0233%	1h	1,165.3	−0.031%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0274%	1h	1,166.9	+0.103%	$1K	$7K	10x	as long as short