Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.216%
Price spread now: tradeXYZ against Bybit−0.126%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.554%−$55 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 0.126% cheaper against Bybit than usual: you would sell low and buy high (spread −0.126% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 10 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.554%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LYTEUSDT | 26.290 | 0 | get 0.0000% / 8h | 1h 26m | $96K | $25K | 25x |
| Short | tradeXYZ xyz:LYTE | 26.257 | 0.0040 | get 0.0005% / 1h | 26m 00s | $518K | $72K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $8.41
- Price spread: −0.126% → 0.000%
- −$12.55
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$33.14
- Costs to cover
- 0.290%
- Break-even
- 34.6 days
Slippage unknown: Bybit: no order-book sample; tradeXYZ: live order book, 40 min ago. 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 tradeXYZ live order book, 40 min ago | 13.21 bp | 66.9 bp −$67 | 83.1 bp −$831 | doesn't fit | doesn't fit |
Bybit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LYTEUSDT | −0.0609% | 8h | 26.331 | +0.156% | $85K | $46K | 20x | as long as short |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.327 | +0.141% | $58K | $82K | 20x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.300 | +0.039% | $16K | $138 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.298 | +0.032% | $539K | $280K | 20x | as long as short |
| Bybit LYTEUSDTlong | 0.0000% | 8h | 26.290 | long leg | $96K | $25K | 25x | |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.280 | −0.038% | $184K | $270K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.300 | +0.038% | $7K | $280K | 20x | as long as short |
| tradeXYZ xyz:LYTEshort | +0.0040% | 1h | 26.257 | −0.126% | $518K | $72K | 10x | |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.360 | +0.266% | $15K | $885K | 20x | as long as short |
| edgeX LYTEUSDC | +0.0618% | 4h | 26.320 | +0.113% | $25K | $251K | 10x | as long as short |
Bybit LYTEUSDT
tradeXYZ xyz:LYTE
Bitget LYTEUSDT
MEXC LYTE_USDT
Aster LYTEUSDT
Binance LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
KuCoin LYTEUSDTM
edgeX LYTEUSDC