Funding you earn now, next payment 08:00 UTC−0.0618%/8h= −67.7% APRnext payment −$6.18 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.190%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.032%+$3 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. Bitget is 0.190% dearer against OKX than usual: you sell high and buy low (spread +0.190% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.18 per $10,000. 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 | OKX LYTE-USDT-SWAP | 26.340 | 0 | get 0.0000% / 8h | 1h 34m | $184K | $270K | 20x |
| Short | Bitget LYTEUSDT | 26.390 | −0.0618 | pay 0.0618% / 8h | 1h 34m | $85K | $46K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- −$129.78
- Price spread: +0.190% → 0.000%
- $18.98
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$132.8
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 6 min ago; Bitget: 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 OKX live order book, 6 min ago | 3.78 bp | 113.1 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget no order-book sample | — | — | — | — | — |
Bitget: 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 LYTEUSDC | −0.0694% | 4h | 26.441 | +0.383% | $25K | $252K | 10x | as long as short |
| Bitget LYTEUSDTshort | −0.0618% | 8h | 26.390 | +0.190% | $85K | $46K | 20x | |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.439 | +0.376% | $58K | $82K | 20x | as long as short |
| tradeXYZ xyz:LYTE | −0.0130% | 1h | 26.320 | −0.076% | $519K | $71K | 10x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.369 | +0.108% | $17K | $138 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.364 | +0.091% | $540K | $279K | 20x | as long as short |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.390 | +0.190% | $96K | $26K | 25x | as long as short |
| OKX LYTE-USDT-SWAPlong | 0.0000% | 8h | 26.340 | long leg | $184K | $270K | 20x | |
| HTX LYTE-USDT | 0.0000% | 8h | 26.370 | +0.114% | $7K | $280K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.440 | +0.380% | $14K | $886K | 20x | as long as short |
OKX LYTE-USDT-SWAP
Bitget LYTEUSDT
edgeX LYTEUSDC
MEXC LYTE_USDT
tradeXYZ xyz:LYTE
Aster LYTEUSDT
Binance LYTEUSDT
Bybit LYTEUSDT
HTX LYTE-USDT
KuCoin LYTEUSDTM