Funding you earn now, next payment 12:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h +0.011%
Price spread now: Bybit against edgeX+0.529%101s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bybit is 0.529% dearer against edgeX than usual: you sell high and buy low (spread +0.529% now, against zero (this spread has no 7-day history yet)): +$53 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 6.0 days. The two prices were read 101 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 0.031% in total (about 1.6% 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 | 26.211 | 0.0296 | pay 0.0148% / 4h | 3h 07m | $25K | $252K | 10x |
| Short | Bybit LYTEUSDT | 26.350 | 0 | get 0.0000% / 8h | 7h 07m | $100K | $27K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$62.07
- Price spread: +0.529% → 0.000%
- $52.91
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$29.15
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 24 min ago; Bybit: 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 edgeX live order book, 24 min ago | 22.99 bp | 46.8 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
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 | −0.0479% | 8h | 26.247 | +0.136% | $84K | $27K | 20x | as long as short |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.245 | +0.129% | $59K | $84K | 20x | as long as short |
| tradeXYZ xyz:LYTE | −0.0133% | 1h | 26.267 | +0.212% | $518K | $74K | 10x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.280 | +0.262% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.288 | +0.291% | $540K | $299K | 20x | as long as short |
| Bybit LYTEUSDTshort | 0.0000% | 8h | 26.350 | +0.529% | $100K | $27K | 25x | |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.280 | +0.262% | $183K | $277K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.320 | +0.415% | $7K | $284K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.290 | +0.300% | $14K | $1.0M | 20x | as long as short |
| edgeX LYTEUSDClong | +0.0296% | 4h | 26.211 | long leg | $25K | $252K | 10x |
edgeX LYTEUSDC
Bybit LYTEUSDT
Bitget LYTEUSDT
MEXC LYTE_USDT
tradeXYZ xyz:LYTE
Aster LYTEUSDT
Binance LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
KuCoin LYTEUSDTM