LYTE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCLYTE_USDT	15.477	+0.0563	pay 0.0563% / 8h	7h 58m	$138K	$98K	20x	Long MEXC
SHORT	BinanceLYTEUSDT	15.490	0	0.0000% / 8h	7h 58m	$324K	$877K	20x	Short Binance

Price gap+0.081%

Funding gap−0.0563% /8h

The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $17 a day and eats that in about 8 hours. At the last 7 days' pace that is about 4.1 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$10−0.0563% /8h now · paid −0.103% over the last 7D

Price+$6spread +0.081% now, avg +0.021% → +0.059% if it goes back

Costs−$1211.209% of $10k · taker + slippage, in and out

Result−$125−1.25%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.103% in total, about −0.0049%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.081%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LYTE on 11 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size32.1 / 13.3 bp
At $10k entering MEXC costs 32.1 bp, fee and slippage, 2.4× Binance’s.
Note: Margin at max leverage$500 + $500
MEXC 20x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$16.89Long MEXC: 3 payments, −$16.89; short Binance: 3 payments, $0.00.
OK: Entry gap works for you+0.081% vs +0.021%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$138K vs $324K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Binance Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0049%/8h × 21 periods−$10.26

Price spread+0.081% → +0.021% (7d avg)+$5.94

Slippage, 4 orderslive order books−$104.93

Fee MEXC bp × 2 orders−$8.00

Fee Binance bp × 2 orders−$8.00

Net · 7 days · $10k−$125.25

Costs to cover1.209%Break-evennever at this rate

Slippage: MEXC: live order book, 13 min ago; Binance: live order book, 54 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC11.7532.1 bp−$32161.8 bp−$1,618234.2 bp−$23.4Kdoesn’t fit

SELL · SHORTBinance6.6713.3 bp−$1362.5 bp−$625doesn’t fitdoesn’t fit

Closing costs about the same again.

LYTE news

posts that mention LYTE, from every exchange

10-20 16:58	Extended	Listing	Now available to trade: $NOW and $LYTE (ServiceNow and Roundhill Photonics & Optics ETF) with up to 10x leverage, $EWZ (iShares MSCI Brazil ETF) with up to 20x leverage and $BOT (RoboStrategy) with up to 5x leverage @extendedapp on X ↗
10-20 14:51	Extended	Listing	new market LYTE-USD ($LYTE) seen by our collector
10-20 10:58	edgeX	Listing	LYTEUSDC no longer reported ($LYTE) seen by our collector