Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: HTX against Vest−0.157%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 HTX

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 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.157% cheaper against Vest than usual: you would sell low and buy high (−$16 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	1,162	0.0046	pay 0.0006% / 1h	59m 11s	—	—	25x
Short	HTX LLY-USDT	1,160.2	0	get 0.0000% / 8h	6h 59m	$5K	$40K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.157%Rate

Funding earned: −$9.59
Price spread: −0.157% → 0.000%: −$15.66
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: −$39.25
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; HTX: 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 HTX no order-book sample	—	—	—	—	—

Vest and HTX: 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
Bybit LLYUSDT	0.0000%	8h	1,163.1	+0.088%	$1.3M	$583K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,162	−0.003%	$792K	$629K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,162.9	+0.071%	$1.3M	$898K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164.1	+0.176%	$2.3M	$177K	20x	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,162.9	+0.075%	$221	$194K	10x	as long as short
SunX LLY-USDT	0.0000%	8h	1,162.9	+0.074%	$2K	$6.2M	10x	as long as short
HTX LLY-USDTshort	0.0000%	8h	1,160.2	−0.157%	$5K	$40K	20x
QFEX LLY-USD	+0.0004%	1h	1,162.8	+0.068%	$1.2M	$4.9M	10x	as long as short
Aftermath Perps LLYUSD	+0.0008%	1h	1,162.5	+0.039%	$47K	$42K	5x	as long as short
Aster LLYUSDT	+0.0038%	8h	1,162.7	+0.058%	$23K	$3K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest LLY-USD-PERPlong	+0.0046%	1h	1,162	long leg	—	—	25x
tradeXYZ xyz:LLY	+0.0050%	1h	1,162.3	+0.022%	$8.6M	$1.2M	10x	as long as short
Variational Omni LLY	+0.0061%	8h	1,162.8	+0.069%	$191K	$17K	—	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163	+0.083%	$137K	$75K	20x	as long as short
BloFin LLY-USDT	+0.0169%	8h	1,162.9	+0.072%	$84K	$84K	20x	as long as short
Binance LLYUSDT	+0.0172%	8h	1,163.1	+0.087%	$2.0M	$3.1M	20x	as long as short
Nado LLY-PERP	+0.0189%	1h	1,163	+0.083%	$39K	$251	10x	as long as short
Phoenix LLY	+0.0206%	1h	1,163.3	+0.108%	$1K	$7K	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,174.8	+1.098%	$7K	$24K	12x	as long as short