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 − costs—prices read too far apart to compare
costs, in and out, $10k−$8798.791% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX LYTEUSDC | 26.331 | −0.0637 | get 0.0319% / 4h | 1h 23m | $25K | $252K | 10x |
| Short | KuCoin LYTEUSDTM | 26.340 | 0.0100 | get 0.0100% / 8h | 1h 23m | $15K | $883K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 18 min ago | 17.01 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 41 min ago | 7.53 bp | 479.1 bp −$479 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX LYTEUSDClong | −0.0637% | 4h | 26.331 | long leg | $25K | $252K | 10x | |
| Bitget LYTEUSDT | −0.0615% | 8h | 26.303 | −0.105% | $84K | $46K | 20x | as long as short |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.345 | +0.055% | $58K | $82K | 20x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.250 | −0.304% | $16K | $138 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.250 | −0.306% | $538K | $282K | 20x | as long as short |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.270 | −0.230% | $96K | $25K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.230 | −0.382% | $184K | $270K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.310 | −0.078% | $7K | $280K | 20x | as long as short |
| tradeXYZ xyz:LYTE | +0.0050% | 1h | 26.251 | −0.302% | $518K | $72K | 10x | as long as short |
| KuCoin LYTEUSDTMshort | +0.0100% | 8h | 26.340 | +0.036% | $15K | $883K | 20x |
edgeX LYTEUSDC
KuCoin LYTEUSDTM
Bitget LYTEUSDT
MEXC LYTE_USDT
Aster LYTEUSDT
Binance LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
tradeXYZ xyz:LYTE