Funding you earn now, next payment 08:00 UTC−0.0789%/8h= −86.4% APRpaid last 24h −0.216%
Price spread now: tradeXYZ against Binance−0.283%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2252.252% of the position
Funding, last 7 days−0.675%−$68 on $10k
+Price spread, last 2 days (all we have)+0.227%+$23 · spread now −0.283%, 7d avg −0.095%
=Together, before fees−0.448%+ Points / potential airdroptradeXYZ: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and tradeXYZ is 0.188% cheaper against Binance than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LYTEUSDT | 26.320 | 0 | get 0.0000% / 8h | 56m 48s | $539K | $281K | 20x |
| Short | tradeXYZ xyz:LYTE | 26.246 | −0.0789 | pay 0.0099% / 1h | 56m 48s | $518K | $72K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$165.75
- Price spread: −0.283% → −0.095%
- −$18.8
- Slippage, 4 orders
- −$197.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$409.79
- Costs to cover
- 2.252%
- Break-even
- never at this rate
Slippage from Binance: live order book, 20 min ago; tradeXYZ: live order book, 70 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, 20 min ago | 3.81 bp | 58.4 bp −$58 | 257.1 bp −$2,571 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 70 min ago | 13.21 bp | 66.9 bp −$67 | 83.1 bp −$831 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:LYTEshort | −0.0789% | 1h | 26.246 | −0.283% | $518K | $72K | 10x | |
| Bitget LYTEUSDT | −0.0657% | 8h | 26.301 | −0.074% | $84K | $53K | 20x | as long as short |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.317 | −0.013% | $58K | $80K | 20x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.340 | +0.073% | $16K | $138 | 20x | as long as short |
| Binance LYTEUSDTlong | 0.0000% | 8h | 26.320 | long leg | $539K | $281K | 20x | |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.280 | −0.154% | $96K | $23K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.280 | −0.154% | $184K | $271K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.260 | −0.230% | $7K | $280K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.390 | +0.264% | $15K | $875K | 20x | as long as short |
| edgeX LYTEUSDC | +0.0434% | 4h | 26.321 | +0.004% | $25K | $251K | 10x | as long as short |
Binance LYTEUSDT
tradeXYZ xyz:LYTE
Bitget LYTEUSDT
MEXC LYTE_USDT
Aster LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
KuCoin LYTEUSDTM
edgeX LYTEUSDC