Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

LYTE

RWAAll LYTE markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BinanceLYTEUSDT
24.61000.0000% / 8h2h 32m$502K$238K20xLong Binance
SHORT
BingXNCSKLYTE2USD-USDT
24.650+0.0050get 0.0050% / 8h2h 32m$998K$1.2M—Short BingX
Price gap+0.163%
Funding gap+0.0050% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.155% above its 7d average: +$15 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$33+0.0050% /8h now · paid +0.330% over the last 7D
Price+$15spread +0.163% now, avg +0.008% → +0.155% if it goes back
Costs−$1741.739% of $10k · taker + slippage, in and out
Result−$125−1.25%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.163%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LYTE on 11 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size47.6 / 40.7 bp
    At $10k entering Binance costs 47.6 bp, fee and slippage, 1.2× BingX’s.
  • Note: Margin at max leverage$500 + —
    Binance 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$1.50Long Binance: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
  • OK: Entry gap works for you+0.163% vs +0.008%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$502K vs $998K OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · BingX Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0157%/8h × 21 periods+$33.03
Price spread+0.163% → +0.008% (7d avg)+$15.49
Slippage, 4 orderslive order books−$155.94
Fee Binance bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$125.42
Costs to cover1.739%Break-even33.6 days
Slippage: Binance: live order book, 68 min ago; BingX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance4.0947.6 bp−$48doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX14.1840.7 bp−$41128.4 bp−$1,284265.3 bp−$26.5K720.1 bp−$360.1K

Closing costs about the same again.

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