Funding you earn now, next payment 08:00 UTC+0.0415%/8h= +45.5% APRpaid last 24h +0.008%
Price spread now: Binance against edgeX+0.051%70s7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1811.814% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 2 days (all we have)−0.099%−$10 · spread now +0.051%, 7d avg −0.032%
=Together, before fees+0.075%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.083% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.032%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.174% in total (about 9.1% a year). A funding rate is set anew for every payment. 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 | edgeX LYTEUSDC | 26.276 | −0.0415 | get 0.0208% / 4h | 40m 22s | $25K | $251K | 10x |
| Short | Binance LYTEUSDT | 26.290 | 0 | get 0.0000% / 8h | 40m 22s | $539K | $275K | 20x |
edgeX LYTEUSDC
Binance LYTEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $87.19
- Price spread: +0.051% → −0.032%
- $8.3
- Slippage, 4 orders
- −$162.35
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$85.86
- Costs to cover
- 1.814%
- Break-even
- 13.9 days
Slippage from edgeX: live order book, 62 min ago; Binance: live order book, 37 min ago.
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 edgeX live order book, 62 min ago | 17.01 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 37 min ago | 3.81 bp | 51.4 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0756% | 8h | 26.300 | +0.089% | $84K | $52K | 20x | as long as short |
| tradeXYZ xyz:LYTE | −0.0490% | 1h | 26.290 | +0.051% | $519K | $73K | 10x | as long as short |
| edgeX LYTEUSDClong | −0.0415% | 4h | 26.276 | long leg | $25K | $251K | 10x | |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.327 | +0.192% | $58K | $81K | 20x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.243 | −0.127% | $16K | $138 | 20x | as long as short |
| Binance LYTEUSDTshort | 0.0000% | 8h | 26.290 | +0.051% | $539K | $275K | 20x | |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.280 | +0.013% | $96K | $24K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.280 | +0.013% | $183K | $270K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.310 | +0.128% | $7K | $281K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.330 | +0.204% | $14K | $874K | 20x | as long as short |
Bitget LYTEUSDT
tradeXYZ xyz:LYTE
MEXC LYTE_USDT
Aster LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
KuCoin LYTEUSDTM