Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against KuCoin+0.076%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$805as in the Funding arb table
Net, price: spread back to 7d avg − costs−$774as in the Price arb table
costs, in and out, $10k−$7907.898% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 2 days (all we have)−0.076%−$8 · spread now +0.076%, 7d avg −0.082%
=The price spread pays, funding is against you. Binance is 0.159% dearer against KuCoin than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of −0.082%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LYTEUSDTM | 26.160 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $14K | $956K | 20x |
| Short | Binance LYTEUSDT | 26.180 | 0 | get 0.0000% / 8h | 7h 43m | $538K | $285K | 20x |
KuCoin LYTEUSDTM
Binance LYTEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$21
- Price spread: +0.076% → −0.082%
- $15.89
- Slippage, 4 orders
- −$767.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$794.95
- Costs to cover
- 7.898%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 18 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 KuCoin live order book, 1 min ago | 9.56 bp | 368.1 bp −$368 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 18 min ago | 5.72 bp | 58.6 bp −$59 | 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 LYTEUSDC | −0.0644% | 4h | 26.132 | −0.108% | $25K | $253K | 10x | as long as short |
| Bitget LYTEUSDT | −0.0602% | 8h | 26.170 | +0.038% | $84K | $36K | 20x | as long as short |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.179 | +0.073% | $57K | $81K | 20x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.171 | +0.044% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDTshort | 0.0000% | 8h | 26.180 | +0.076% | $538K | $285K | 20x | |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.160 | 0.000% | $96K | $24K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.180 | +0.076% | $184K | $270K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.180 | +0.076% | $7K | $282K | 20x | as long as short |
| tradeXYZ xyz:LYTE | +0.0097% | 1h | 26.129 | −0.119% | $516K | $74K | 10x | as long as short |
| KuCoin LYTEUSDTMlong | +0.0100% | 8h | 26.160 | long leg | $14K | $956K | 20x |
edgeX LYTEUSDC
Bitget LYTEUSDT
MEXC LYTE_USDT
Aster LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
tradeXYZ xyz:LYTE