Funding you earn now, next payment 12:00 UTC−0.0444%/8h= −48.6% APRpaid last 24h +0.021%
Price spread now: edgeX against MEXC−0.180%113s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$13 a day on $10k at the current rate, and edgeX is 0.180% cheaper against MEXC than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 113 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 | MEXC LYTE_USDT | 26.179 | −0.0200 | get 0.0200% / 8h | 7h 43m | $57K | $81K | 20x |
| Short | edgeX LYTEUSDC | 26.132 | −0.0644 | pay 0.0322% / 4h | 3h 43m | $25K | $253K | 10x |
MEXC LYTE_USDT
edgeX LYTEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against MEXC. 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: −0.180% → 0.000%
- −$18.02
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$120.2
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: MEXC: no order-book sample; edgeX: live order book, 54 min ago. 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 MEXC no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 54 min ago | 17.13 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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 LYTEUSDCshort | −0.0644% | 4h | 26.132 | −0.180% | $25K | $253K | 10x | |
| Bitget LYTEUSDT | −0.0602% | 8h | 26.170 | −0.034% | $84K | $36K | 20x | as long as short |
| MEXC LYTE_USDTlong | −0.0200% | 8h | 26.179 | long leg | $57K | $81K | 20x | |
| Aster LYTEUSDT | 0.0000% | 8h | 26.171 | −0.029% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.180 | +0.004% | $538K | $285K | 20x | as long as short |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.160 | −0.073% | $96K | $24K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.180 | +0.004% | $184K | $270K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.180 | +0.004% | $7K | $282K | 20x | as long as short |
| tradeXYZ xyz:LYTE | +0.0097% | 1h | 26.129 | −0.191% | $516K | $74K | 10x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.160 | −0.073% | $14K | $956K | 20x | as long as short |
Bitget LYTEUSDT
Aster LYTEUSDT
Binance LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
tradeXYZ xyz:LYTE
KuCoin LYTEUSDTM