Funding you earn now, next payment 10:00 UTC−0.0506%/8h= −55.4% APRpaid last 24h −0.231%
Price spread now: tradeXYZ against OKX−0.220%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2202.199% of the position
Funding, last 7 days−0.571%−$57 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.220%, 7d avg −0.060%
=Together, before fees−0.467%+ Points / potential airdroptradeXYZ: Active · farm board−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and tradeXYZ is 0.161% cheaper against OKX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LYTE-USDT-SWAP | 26.310 | 0 | get 0.0000% / 8h | 6h 57m | $183K | $278K | 20x |
| Short | tradeXYZ xyz:LYTE | 26.252 | −0.0506 | pay 0.0063% / 1h | 57m 10s | $518K | $74K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$106.26
- Price spread: −0.220% → −0.060%
- −$16.09
- Slippage, 4 orders
- −$191.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$342.24
- Costs to cover
- 2.199%
- Break-even
- never at this rate
Slippage from OKX: live order book, 33 min ago; tradeXYZ: live order book, 49 min ago.
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, 33 min ago | 7.66 bp | 46.7 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 49 min ago | 9.57 bp | 43.2 bp −$43 | 67.4 bp −$674 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:LYTEshort | −0.0506% | 1h | 26.252 | −0.220% | $518K | $74K | 10x | |
| Bitget LYTEUSDT | −0.0441% | 8h | 26.274 | −0.137% | $84K | $27K | 20x | as long as short |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.264 | −0.175% | $59K | $82K | 20x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.274 | −0.138% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.308 | −0.009% | $538K | $294K | 20x | as long as short |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.350 | +0.152% | $100K | $28K | 25x | as long as short |
| OKX LYTE-USDT-SWAPlong | 0.0000% | 8h | 26.310 | long leg | $183K | $278K | 20x | |
| HTX LYTE-USDT | 0.0000% | 8h | 26.310 | 0.000% | $7K | $284K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.280 | −0.114% | $14K | $1.1M | 20x | as long as short |
| edgeX LYTEUSDC | +0.0293% | 4h | 26.243 | −0.255% | $25K | $251K | 10x | as long as short |
OKX LYTE-USDT-SWAP
tradeXYZ xyz:LYTE
Bitget LYTEUSDT
MEXC LYTE_USDT
Aster LYTEUSDT
Binance LYTEUSDT
Bybit LYTEUSDT
HTX LYTE-USDT
KuCoin LYTEUSDTM
edgeX LYTEUSDC