Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h +0.019%

Price spread now: BloFin against Vest+0.117%7-day average — · you sell dearer than you buy

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

Long on Vest Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 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 · farm boardneeds both histories

The price spread pays, funding is against you. BloFin is 0.117% dearer against Vest than usual: you sell high and buy low (spread +0.117% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest LLY-USD-PERP	1,164.4	0.0046	pay 0.0006% / 1h	35m 12s	—	—	25x
Short	BloFin LLY-USDT	1,165.8	−0.0024	pay 0.0024% / 8h	7h 35m	$84K	$85K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.117%Rate

Funding earned: −$14.67
Price spread: +0.117% → 0.000%: $11.68
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$16.99
Costs to cover: 0.140%
Break-even: never at this rate

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

Vest and 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
Nado LLY-PERP	−0.0182%	1h	1,166.1	+0.142%	$39K	$251	10x	as long as short
BloFin LLY-USDTshort	−0.0024%	8h	1,165.8	+0.117%	$84K	$85K	20x
Aster LLYUSDT	0.0000%	8h	1,165.7	+0.112%	$24K	$3K	20x	as long as short
Binance LLYUSDT	0.0000%	8h	1,165.8	+0.123%	$2.0M	$3.0M	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,166.3	+0.163%	$1.3M	$303K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,165.8	+0.120%	$795K	$563K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,165.4	+0.086%	$1.3M	$642K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,166	+0.136%	$2.3M	$127K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,165.7	+0.113%	$191K	$20K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,166	+0.136%	$222	$166K	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX LLY-USDT	0.0000%	8h	1,165.8	+0.120%	$977	$5.4M	10x	as long as short
HTX LLY-USDT	0.0000%	8h	1,164.1	−0.022%	$5K	$41K	20x	as long as short
tradeXYZ xyz:LLY	+0.0013%	1h	1,165.7	+0.112%	$8.7M	$1.1M	10x	as long as short
Aftermath Perps LLYUSD	+0.0016%	1h	1,165.9	+0.125%	$47K	$33K	5x	as long as short
QFEX LLY-USD	+0.0035%	1h	1,165.4	+0.088%	$1.2M	$3.0M	10x	as long as short
Vest LLY-USD-PERPlong	+0.0046%	1h	1,164.4	long leg	—	—	25x
KuCoin LLYUSDTM	+0.0100%	8h	1,165.5	+0.094%	$137K	$104K	20x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,177.7	+1.142%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0412%	1h	1,166.5	+0.180%	$1K	$7K	10x	as long as short