Funding arb · Price arb /

LLY

RWAall LLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest+0.147%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 SunX

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

The price spread pays, funding is against you. SunX is 0.147% dearer against Vest than usual: you sell high and buy low (spread +0.147% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest LLY-USD-PERP	1,162.8	0.0046	pay 0.0006% / 1h	7m 55s	—	—	25x
Short	SunX LLY-USDT	1,164.5	0	get 0.0000% / 8h	4h 07m	$2K	$5.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.147%Rate

Funding earned: −$9.59
Price spread: +0.147% → 0.000%: $14.71
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$4.89
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; SunX: live order book, 11 min ago. 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 SunX live order book, 11 min ago	45.51 bp	64.5 bp −$64	doesn't fit	doesn't fit	doesn't fit

Vest: 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	−0.0003%	8h	1,164	+0.106%	$83K	$85K	20x	as long as short
Aster LLYUSDT	0.0000%	8h	1,164.1	+0.112%	$24K	$3K	20x	as long as short
Bybit LLYUSDT	0.0000%	8h	1,163.4	+0.051%	$1.3M	$523K	25x	as long as short
OKX LLY-USDT-SWAP	0.0000%	8h	1,163.3	+0.044%	$789K	$645K	20x	as long as short
Gate LLY_USDT	0.0000%	8h	1,163.5	+0.057%	$1.3M	$882K	25x	as long as short
Bitget LLYUSDT	0.0000%	8h	1,164.1	+0.108%	$2.3M	$169K	20x	as long as short
Variational Omni LLY	0.0000%	8h	1,163.5	+0.064%	$192K	$18K	—	as long as short
GRVT LLY_USDT_Perp	0.0000%	8h	1,164.1	+0.115%	$221	$186K	10x	as long as short
SunX LLY-USDTshort	0.0000%	8h	1,164.5	+0.147%	$2K	$5.8M	10x
HTX LLY-USDT	0.0000%	8h	1,162.4	−0.033%	$5K	$41K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance LLYUSDT	+0.0010%	8h	1,164.6	+0.152%	$2.0M	$3.1M	20x	as long as short
Aftermath Perps LLYUSD	+0.0022%	1h	1,163	+0.021%	$47K	$41K	5x	as long as short
QFEX LLY-USD	+0.0035%	1h	1,163.8	+0.088%	$1.2M	$4.2M	10x	as long as short
Vest LLY-USD-PERPlong	+0.0046%	1h	1,162.8	long leg	—	—	25x
tradeXYZ xyz:LLY	+0.0051%	1h	1,163.7	+0.078%	$8.7M	$1.2M	10x	as long as short
KuCoin LLYUSDTM	+0.0100%	8h	1,163.8	+0.087%	$137K	$74K	20x	as long as short
Nado LLY-PERP	+0.0156%	1h	1,163.5	+0.057%	$39K	$251	10x	as long as short
Injective LLY/USDC PERP	+0.0220%	1h	1,176.2	+1.153%	$7K	$24K	12x	as long as short
Phoenix LLY	+0.0275%	1h	1,163.6	+0.070%	$1K	$7K	10x	as long as short