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
24.340+0.0050pay 0.0050% / 8h7h 11m$998K$1.2M—Long BingX
SHORT
tradeXYZxyz:LYTE
24.315−0.0345pay 0.0043% / 1h11m 59s$425K$63K10xShort tradeXYZ
Price gap−0.103%
Funding gap−0.0395% /8h

Both sides work against this direction now: funding costs $12 a day on $10k and the gap is 0.053% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$29−0.0395% /8h now · paid −0.291% over the last 7D
Price−$5spread −0.103% now, avg −0.049% → −0.053% if it goes back
Costs−$1701.700% of $10k · taker + slippage, in and out
Result−$204−2.04%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.103%
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 · 5 to watch
  • Watch: Thin at this size52.6 / 8.1 bp
    At $10k entering BingX costs 52.6 bp, fee and slippage, 6.5× tradeXYZ’s.
  • Note: Margin at max leverage— + $1,000
    BingX —, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$11.85Long BingX: 3 payments, −$1.50; short tradeXYZ: 24 payments, −$10.35.
  • Watch: Gap narrower than usual−0.103% vs −0.049%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$425K vs $998K OI
    tradeXYZ sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · tradeXYZ No
    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−0.0139%/8h × 21 periods−$29.12
Price spread−0.103% → −0.049% (7d avg)−$5.34
Slippage, 4 orderslive order books−$158.24
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$204.49
Costs to cover1.700%Break-evennever at this rate
Slippage: BingX: live order book, 3 min ago; tradeXYZ: live order book, 61 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX14.3852.6 bp−$53235.6 bp−$2,356681.0 bp−$68.1K982.5 bp−$491.2K
SELL · SHORTtradeXYZ7.228.1 bp−$867.4 bp−$674doesn’t fitdoesn’t fit

Closing costs about the same again.

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