Funding you earn now, next payment 12:00 UTC+0.0644%/8h= +70.5% APRpaid last 24h +0.011%
Price spread now: OKX against edgeX+0.184%91s7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as 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−$2922.921% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.347%−$35 · spread now +0.184%, 7d avg −0.073%
=Together, before fees−0.299%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and OKX is 0.258% dearer against edgeX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.073%. The two prices were read 91 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 0.048% in total (about 2.5% 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 44m | $25K | $253K | 10x |
| Short | OKX LYTE-USDT-SWAP | 26.180 | 0 | get 0.0000% / 8h | 7h 44m | $184K | $270K | 20x |
edgeX LYTEUSDC
OKX LYTE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $135.19
- Price spread: +0.184% → −0.073%
- $25.78
- Slippage, 4 orders
- −$273.09
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$131.13
- Costs to cover
- 2.921%
- Break-even
- 13.8 days
Slippage from edgeX: live order book, 53 min ago; OKX: live order book, 51 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, 53 min ago | 17.13 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 51 min ago | 3.81 bp | 95.9 bp −$96 | 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 | −0.0644% | 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_USDT | −0.0200% | 8h | 26.177 | +0.173% | $57K | $81K | 20x | as long as short |
| 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-SWAPshort | 0.0000% | 8h | 26.180 | +0.184% | $184K | $270K | 20x | |
| 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 |
Bitget LYTEUSDT
MEXC LYTE_USDT
Aster LYTEUSDT
Binance LYTEUSDT
Bybit LYTEUSDT
HTX LYTE-USDT
KuCoin LYTEUSDTM
tradeXYZ xyz:LYTE