Funding you earn now, next payment 12:00 UTC−0.0644%/8h= −70.5% APRpaid last 24h −0.011%
Price spread now: edgeX against Binance−0.153%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1811.807% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 2 days (all we have)+0.079%+$8 · spread now −0.153%, 7d avg +0.027%
=Together, before fees−0.073%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and edgeX is 0.180% cheaper against Binance than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -7.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LYTEUSDT | 26.172 | 0 | get 0.0000% / 8h | 7h 45m | $537K | $285K | 20x |
| Short | edgeX LYTEUSDC | 26.132 | −0.0644 | pay 0.0322% / 4h | 3h 45m | $25K | $253K | 10x |
Binance LYTEUSDT
edgeX LYTEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$135.19
- Price spread: −0.153% → +0.027%
- −$18
- Slippage, 4 orders
- −$161.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$333.91
- Costs to cover
- 1.807%
- Break-even
- never at this rate
Slippage from Binance: live order book, 17 min ago; edgeX: live order book, 52 min ago.
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 Binance live order book, 17 min ago | 5.72 bp | 49.1 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 52 min ago | 17.13 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
LYTE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX LYTEUSDCshort | −0.0644% | 4h | 26.132 | −0.153% | $25K | $253K | 10x | |
| Bitget LYTEUSDT | −0.0609% | 8h | 26.170 | −0.007% | $84K | $36K | 20x | as long as short |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.160 | −0.045% | $57K | $81K | 20x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.166 | −0.020% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDTlong | 0.0000% | 8h | 26.172 | long leg | $537K | $285K | 20x | |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.170 | −0.007% | $96K | $24K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.180 | +0.031% | $184K | $271K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.180 | +0.031% | $7K | $282K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.150 | −0.083% | $14K | $950K | 20x | as long as short |
| tradeXYZ xyz:LYTE | +0.0167% | 1h | 26.108 | −0.244% | $515K | $73K | 10x | as long as short |
Bitget LYTEUSDT
MEXC LYTE_USDT
Aster LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
KuCoin LYTEUSDTM
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