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
BingXNCSKLYTE2USD-USDT
24.740+0.0050pay 0.0050% / 8h3h 03m$998K$1.2M—Long BingX
SHORT
BinanceLYTEUSDT
24.73500.0000% / 8h3h 03m$507K$235K20xShort Binance
Price gap−0.021%
Funding gap−0.0050% /8h

Funding costs $2 a day on $10k at the current rate. Swap the legs.

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−$1spread −0.021% now, avg −0.008% → −0.013% if it goes back
Costs−$1731.727% of $10k · taker + slippage, in and out
Result−$207−2.07%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.021%
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 size21.1 / 45.4 bp
    At $10k entering Binance costs 45.4 bp, fee and slippage, 2.1× BingX’s.
  • Note: Margin at max leverage— + $500
    BingX —, Binance 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: −$1.50Long BingX: 3 payments, −$1.50; short Binance: 3 payments, $0.00.
  • Note: Gap at its usual level−0.021% vs −0.008%
    The price leg adds little either way.
  • Watch: Short leg is thinner$507K vs $998K OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBingX Yes · Binance Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

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−0.021% → −0.008% (7d avg)−$1.26
Slippage, 4 orderslive order books−$154.70
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$206.99
Costs to cover1.727%Break-evennever at this rate
Slippage: BingX: live order book, 3 min ago; Binance: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX14.1421.1 bp−$21151.0 bp−$1,510427.3 bp−$42.7K836.3 bp−$418.1K
SELL · SHORTBinance4.0945.4 bp−$45doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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