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

LYTE

RWAall LYTE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0737%/8h= +80.7% APRpaid last 24h +0.126%
Price spread now: KuCoin against edgeX+0.036%98s7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$846as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$8798.791% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.330%+$33 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.036%, 7d avg −0.064%
Together, before fees+0.241%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and KuCoin is 0.099% dearer against edgeX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.064%. The two prices were read 98 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 0.330% in total (about 17.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX LYTEUSDC26.331−0.0637get 0.0319% / 4h1h 23m$25K$252K10x
ShortKuCoin LYTEUSDTM26.3400.0100get 0.0100% / 8h1h 23m$15K$883K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
$154.82
Price spread: +0.036% → −0.064%
$9.95
Slippage, 4 orders
−$858.12
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$714.35
Costs to cover
8.791%
Break-even
39.3 days
Slippage from edgeX: live order book, 18 min ago; KuCoin: live order book, 41 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 18 min ago17.01 bp36.0 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 41 min ago7.53 bp479.1 bp −$479doesn't fitdoesn't fitdoesn't fit

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 LYTEUSDClong−0.0637%4h26.331long leg$25K$252K10x
Bitget LYTEUSDT−0.0615%8h26.303−0.105%$84K$46K20xas long as short
MEXC LYTE_USDT−0.0200%8h26.345+0.055%$58K$82K20xas long as short
Aster LYTEUSDT0.0000%8h26.250−0.304%$16K$13820xas long as short
Binance LYTEUSDT0.0000%8h26.250−0.306%$538K$282K20xas long as short
Bybit LYTEUSDT0.0000%8h26.270−0.230%$96K$25K25xas long as short
OKX LYTE-USDT-SWAP0.0000%8h26.230−0.382%$184K$270K20xas long as short
HTX LYTE-USDT0.0000%8h26.310−0.078%$7K$280K20xas long as short
tradeXYZ xyz:LYTE+0.0050%1h26.251−0.302%$518K$72K10xas long as short
KuCoin LYTEUSDTMshort+0.0100%8h26.340+0.036%$15K$883K20x