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: KuCoin against MEXC−0.121%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. KuCoin is 0.121% cheaper against MEXC than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 32 hours of funding at the current rate (+$9 a day). 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 | MEXC LYTE_USDT | 26.362 | −0.0200 | get 0.0200% / 8h | 4h 44m | $62K | $84K | 20x |
| Short | KuCoin LYTEUSDTM | 26.330 | 0.0100 | get 0.0100% / 8h | 4h 44m | $14K | $1.3M | 20x |
MEXC LYTE_USDT
KuCoin LYTEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $63
- Price spread: −0.121% → 0.000%
- −$12.14
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $38.86
- Costs to cover
- 0.120%
- Break-even
- 2.7 days
Slippage unknown: MEXC: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago | 9.50 bp | 360.6 bp −$361 | 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 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 | −0.080% | $520K | $47K | 10x | as long as short |
| edgeX LYTEUSDC | −0.0849% | 4h | 26.390 | +0.106% | $25K | $252K | 10x | as long as short |
| MEXC LYTE_USDTlong | −0.0200% | 8h | 26.362 | long leg | $62K | $84K | 20x | |
| Aster LYTEUSDT | 0.0000% | 8h | 26.309 | −0.201% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.330 | −0.121% | $538K | $278K | 20x | as long as short |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.380 | +0.068% | $100K | $28K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.350 | −0.046% | $182K | $233K | 10x | as long as short |
| Bitget LYTEUSDT | 0.0000% | 8h | 26.338 | −0.091% | $84K | $27K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.330 | −0.121% | $7K | $286K | 20x | as long as short |
| KuCoin LYTEUSDTMshort | +0.0100% | 8h | 26.330 | −0.121% | $14K | $1.3M | 20x |
tradeXYZ xyz:LYTE
edgeX LYTEUSDC
Aster LYTEUSDT
Binance LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
Bitget LYTEUSDT
HTX LYTE-USDT