LYTE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0300%/8h= −32.8% APRnext payment −$3.00 per $10,000 · paid last 24h −0.062%

Price spread now: MEXC against KuCoin+0.122%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.204%−$20 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. MEXC is 0.122% dearer against KuCoin than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.204% in total) that is about 4.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.204% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.00 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LYTEUSDTM	26.330	0.0100	pay 0.0100% / 8h	4h 44m	$14K	$1.3M	20x
Short	MEXC LYTE_USDT	26.362	−0.0200	pay 0.0200% / 8h	4h 44m	$62K	$84K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$63
Price spread: +0.122% → 0.000%: $12.15
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$62.85
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago	9.50 bp	doesn't fit	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 exchanges

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
tradeXYZ xyz:LYTE	−0.2181%	1h	26.341	+0.042%	$520K	$47K	10x	as long as short
edgeX LYTEUSDC	−0.0849%	4h	26.390	+0.228%	$25K	$252K	10x	as long as short
MEXC LYTE_USDTshort	−0.0200%	8h	26.362	+0.122%	$62K	$84K	20x
Aster LYTEUSDT	0.0000%	8h	26.309	−0.079%	$16K	$289	20x	as long as short
Binance LYTEUSDT	0.0000%	8h	26.330	0.000%	$538K	$278K	20x	as long as short
Bybit LYTEUSDT	0.0000%	8h	26.380	+0.190%	$100K	$28K	25x	as long as short
OKX LYTE-USDT-SWAP	0.0000%	8h	26.350	+0.076%	$182K	$233K	10x	as long as short
Bitget LYTEUSDT	0.0000%	8h	26.338	+0.030%	$84K	$27K	20x	as long as short
HTX LYTE-USDT	0.0000%	8h	26.330	0.000%	$7K	$286K	20x	as long as short
KuCoin LYTEUSDTMlong	+0.0100%	8h	26.330	long leg	$14K	$1.3M	20x