Settings8H · net · $10k
Funding arb · Price arb /

LYTE

RWAall LYTE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0715%/8h= +78.3% APRnext payment +$7.15 per $10,000 · paid last 24h +0.118%
Price spread now: KuCoin against Bitget+0.141%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.141% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LYTEUSDT26.303−0.0615get 0.0615% / 8h1h 23m$84K$46K20x
ShortKuCoin LYTEUSDTM26.3400.0100get 0.0100% / 8h1h 23m$15K$883K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$150.15
Price spread: +0.141% → 0.000%
$14.07
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$140.22
Costs to cover
0.240%
Break-even
0.5 days
Slippage unknown: Bitget: no order-book sample; KuCoin: live order book, 41 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget no order-book sample
Sell KuCoin live order book, 41 min ago7.53 bp479.1 bp −$479doesn't fitdoesn't fitdoesn't fit
Bitget: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX LYTEUSDC−0.0637%4h26.331+0.105%$25K$252K10xas long as short
Bitget LYTEUSDTlong−0.0615%8h26.303long leg$84K$46K20x
MEXC LYTE_USDT−0.0200%8h26.345+0.160%$58K$82K20xas long as short
Aster LYTEUSDT0.0000%8h26.250−0.200%$16K$13820xas long as short
Binance LYTEUSDT0.0000%8h26.250−0.201%$538K$282K20xas long as short
Bybit LYTEUSDT0.0000%8h26.270−0.125%$96K$25K25xas long as short
OKX LYTE-USDT-SWAP0.0000%8h26.230−0.278%$184K$270K20xas long as short
HTX LYTE-USDT0.0000%8h26.310+0.027%$7K$280K20xas long as short
tradeXYZ xyz:LYTE+0.0050%1h26.251−0.198%$518K$72K10xas long as short
KuCoin LYTEUSDTMshort+0.0100%8h26.340+0.141%$15K$883K20x