Funding you earn now, next payment 16:00 UTC−0.0200%/8h= −21.9% APRnext payment −$2.00 per $10,000 · paid last 24h −0.032%
Price spread now: MEXC against Bybit+0.065%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.065% dearer against Bybit than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LYTEUSDT | 26.160 | 0 | get 0.0000% / 8h | 7h 44m | $96K | $24K | 25x |
| Short | MEXC LYTE_USDT | 26.177 | −0.0200 | pay 0.0200% / 8h | 7h 44m | $57K | $81K | 20x |
Bybit LYTEUSDT
MEXC LYTE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- −$42
- Price spread: +0.065% → 0.000%
- $6.5
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$46.5
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: no order-book sample; MEXC: no order-book sample. Net counts fees only.
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 Bybit no order-book sample | — | — | — | — | — |
| Sell MEXC no order-book sample | — | — | — | — | — |
Bybit and MEXC: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX LYTEUSDC | −0.0644% | 4h | 26.132 | −0.108% | $25K | $253K | 10x | as long as short |
| Bitget LYTEUSDT | −0.0605% | 8h | 26.170 | +0.038% | $84K | $36K | 20x | as long as short |
| MEXC LYTE_USDTshort | −0.0200% | 8h | 26.177 | +0.065% | $57K | $81K | 20x | |
| Aster LYTEUSDT | 0.0000% | 8h | 26.165 | +0.018% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.165 | +0.020% | $538K | $285K | 20x | as long as short |
| Bybit LYTEUSDTlong | 0.0000% | 8h | 26.160 | long leg | $96K | $24K | 25x | |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.180 | +0.076% | $184K | $270K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.180 | +0.076% | $7K | $282K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.160 | 0.000% | $14K | $953K | 20x | as long as short |
| tradeXYZ xyz:LYTE | +0.0121% | 1h | 26.129 | −0.119% | $516K | $74K | 10x | as long as short |
edgeX LYTEUSDC
Bitget LYTEUSDT
Aster LYTEUSDT
Binance LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
KuCoin LYTEUSDTM
tradeXYZ xyz:LYTE