LYTE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceLYTEUSDT	15.410	0	0.0000% / 8h	7m 43s	$321K	$874K	20x	Long Binance
SHORT	MEXCLYTE_USDT	15.409	+0.0598	get 0.0598% / 8h	7m 43s	$137K	$102K	20x	Short MEXC

Price gap−0.006%

Funding gap+0.0598% /8h

Funding trade: +$18 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$10+0.0598% /8h now · paid +0.103% over the last 7D

Price+$1spread −0.006% now, avg −0.021% → +0.015% if it goes back

Costs−$1211.209% of $10k · taker + slippage, in and out

Result−$109−1.09%no points

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.103% in total, about +0.0049%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.006%

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

1 ok · 3 to watch

Watch: Thin at this size43.7 / 31.9 bp
At $10k entering Binance costs 43.7 bp, fee and slippage, 1.4× MEXC’s.
Note: Margin at max leverage$500 + $500
Binance 20x, MEXC 20x. 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: +$17.94Long Binance: 3 payments, $0.00; short MEXC: 3 payments, +$17.94.
Note: Gap at its usual level−0.006% vs −0.021%
The price leg adds little either way.
Watch: Short leg is thinner$137K vs $321K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBinance Yes · MEXC 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+0.0049%/8h × 21 periods+$10.26

Price spread−0.006% → −0.021% (7d avg)+$1.49

Slippage, 4 orderslive order books−$104.93

Fee Binance bp × 2 orders−$8.00

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k−$109.18

Costs to cover1.209%Break-even81.5 days

Slippage: Binance: live order book, 45 min ago; MEXC: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance6.6743.7 bp−$44108.1 bp−$1,081doesn’t fitdoesn’t fit

SELL · SHORTMEXC11.7531.9 bp−$32163.2 bp−$1,632233.2 bp−$23.3Kdoesn’t fit

Closing costs about the same again.

LYTE news

posts that mention LYTE, from every exchange

10-20 16:58	Extended	Listing	Now available to trade: $NOW and $LYTE (ServiceNow and Roundhill Photonics & Optics ETF) with up to 10x leverage, $EWZ (iShares MSCI Brazil ETF) with up to 20x leverage and $BOT (RoboStrategy) with up to 5x leverage @extendedapp on X ↗
10-20 14:51	Extended	Listing	new market LYTE-USD ($LYTE) seen by our collector
10-20 10:58	edgeX	Listing	LYTEUSDC no longer reported ($LYTE) seen by our collector