Funding you earn now, next payment 12:00 UTC+0.0444%/8h= +48.6% APRpaid last 24h −0.021%
Price spread now: MEXC against edgeX+0.177%98s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and MEXC is 0.177% dearer against edgeX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). 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 0.105% in total (about 5.5% 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 | 26.132 | −0.0644 | get 0.0322% / 4h | 3h 43m | $25K | $253K | 10x |
| Short | MEXC LYTE_USDT | 26.178 | −0.0200 | pay 0.0200% / 8h | 7h 43m | $57K | $81K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $93.19
- Price spread: +0.177% → 0.000%
- $17.67
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $101.85
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 53 min ago; MEXC: 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, 53 min ago | 17.13 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC no order-book sample | — | — | — | — | — |
MEXC: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX LYTEUSDClong | −0.0644% | 4h | 26.132 | long leg | $25K | $253K | 10x | |
| Bitget LYTEUSDT | −0.0605% | 8h | 26.170 | +0.146% | $84K | $36K | 20x | as long as short |
| MEXC LYTE_USDTshort | −0.0200% | 8h | 26.178 | +0.177% | $57K | $81K | 20x | |
| Aster LYTEUSDT | 0.0000% | 8h | 26.165 | +0.126% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.165 | +0.126% | $538K | $285K | 20x | as long as short |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.160 | +0.108% | $96K | $24K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.180 | +0.184% | $184K | $270K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.180 | +0.184% | $7K | $282K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.160 | +0.108% | $14K | $953K | 20x | as long as short |
| tradeXYZ xyz:LYTE | +0.0110% | 1h | 26.129 | −0.011% | $516K | $74K | 10x | as long as short |
edgeX LYTEUSDC
MEXC LYTE_USDT
Bitget LYTEUSDT
Aster LYTEUSDT
Binance LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
KuCoin LYTEUSDTM
tradeXYZ xyz:LYTE