Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.024%

Price spread now: Aster against Vest−0.046%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Aster

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 airdropVest: Active · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.046% cheaper against Vest than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest LLY-USD-PERP	1,166.4	0.0046	pay 0.0006% / 1h	26m 26s	—	—	25x
Short	Aster LLYUSDT	1,165.8	0	get 0.0000% / 8h	2h 26m	$24K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Vest. 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 VestbpFee AsterbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$9.59
Price spread: −0.046% → 0.000%: −$4.57
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aster: 4 bp × 2 orders: −$8
Net: −$24.17
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Aster: 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 Vest no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Vest and Aster: 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	−0.0002%	8h	1,166.2	−0.014%	$84K	$86K	20x	as long as short
Aster LLYUSDTshort	0.0000%	8h	1,165.8	−0.046%	$24K	$3K	20x
Binance LLYUSDT	0.0000%	8h	1,166.2	−0.018%	$2.0M	$3.1M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,166	−0.037%	$1.3M	$398K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.7	−0.058%	$790K	$568K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.8	−0.048%	$1.3M	$829K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166.4	+0.002%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.9	−0.040%	$193K	$16K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,165.9	−0.042%	$222	$180K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,165.9	−0.041%	$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	1,165.7	−0.059%	$5K	$41K	20x	as long as short
QFEX LLY-USD	+0.0011%	1h	1,166.1	−0.026%	$1.2M	$3.8M	10x	as long as short
Aftermath Perps LLYUSD	+0.0014%	1h	1,165.7	−0.054%	$47K	$40K	5x	as long as short
Vest LLY-USD-PERPlong	+0.0046%	1h	1,166.4	long leg	—	—	25x
tradeXYZ xyz:LLY	+0.0050%	1h	1,165.9	−0.041%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,165.8	−0.050%	$137K	$71K	20x	as long as short
Nado LLY-PERP	+0.0200%	1h	1,165.7	−0.059%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.3	+0.936%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0274%	1h	1,166.4	+0.002%	$1K	$7K	10x	as long as short