Funding you earn now, next payment 16:00 UTC−0.0200%/8h= −21.9% APRnext payment −$2.00 per $10,000 · paid last 24h −0.032%
Price spread now: MEXC against Binance−0.126%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.126% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.00 per $10,000. 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 | 26.307 | 0 | get 0.0000% / 8h | 6h 57m | $538K | $294K | 20x |
| Short | MEXC LYTE_USDT | 26.274 | −0.0200 | pay 0.0200% / 8h | 6h 57m | $59K | $81K | 20x |
Binance LYTEUSDT
MEXC LYTE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$42
- Price spread: −0.126% → 0.000%
- −$12.6
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$64.6
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 64 min ago; MEXC: 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 Binance live order book, 64 min ago | 5.72 bp | 49.1 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC no order-book sample | — | — | — | — | — |
MEXC: 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.
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 LYTEUSDC | −0.0852% | 4h | 26.215 | −0.351% | $25K | $253K | 10x | as long as short |
| tradeXYZ xyz:LYTE | −0.0548% | 1h | 26.242 | −0.248% | $518K | $74K | 10x | as long as short |
| Bitget LYTEUSDT | −0.0444% | 8h | 26.281 | −0.099% | $84K | $27K | 20x | as long as short |
| MEXC LYTE_USDTshort | −0.0200% | 8h | 26.274 | −0.126% | $59K | $81K | 20x | |
| Aster LYTEUSDT | 0.0000% | 8h | 26.264 | −0.162% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDTlong | 0.0000% | 8h | 26.307 | long leg | $538K | $294K | 20x | |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.350 | +0.163% | $100K | $28K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.310 | +0.011% | $183K | $278K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.310 | +0.011% | $7K | $284K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.270 | −0.141% | $14K | $1.1M | 20x | as long as short |
edgeX LYTEUSDC
tradeXYZ xyz:LYTE
Bitget LYTEUSDT
Aster LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
KuCoin LYTEUSDTM