Funding you earn now, next payment 04:00 UTC+0.0878%/8h= +96.1% APRpaid last 24h +0.195%
Price spread now: Bybit against tradeXYZ+0.205%7-day average +0.061% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.527%+$53 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.205%, 7d avg +0.061%
=Together, before fees+0.400%+ Points / potential airdroptradeXYZ: Active · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Bybit is 0.144% dearer against tradeXYZ than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.061%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.527% in total (about 27.5% 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 | tradeXYZ xyz:LYTE | 26.785 | −0.0878 | get 0.0110% / 1h | 13m 07s | $528K | $70K | 10x |
| Short | Bybit LYTEUSDT | 26.840 | 0 | get 0.0000% / 8h | 4h 13m | $98K | $23K | 25x |
tradeXYZ xyz:LYTE
Bybit LYTEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- $184.31
- Price spread: +0.205% → +0.061%
- $14.42
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $169.73
- Costs to cover
- 0.290%
- Break-even
- 0.6 days
Slippage unknown: tradeXYZ: live order book, 13 min ago; Bybit: 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 tradeXYZ live order book, 13 min ago | 14.49 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:LYTElong | −0.0878% | 1h | 26.785 | long leg | $528K | $70K | 10x | |
| Aster LYTEUSDT | 0.0000% | 8h | 26.856 | +0.265% | $17K | $138 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.846 | +0.226% | $557K | $244K | 20x | as long as short |
| Bybit LYTEUSDTshort | 0.0000% | 8h | 26.840 | +0.205% | $98K | $23K | 25x | |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.820 | +0.131% | $187K | $264K | 20x | as long as short |
| Bitget LYTEUSDT | 0.0000% | 8h | 26.876 | +0.340% | $87K | $76K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.860 | +0.280% | $7K | $276K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.880 | +0.355% | $15K | $784K | 20x | as long as short |
| MEXC LYTE_USDT | +0.0200% | 8h | 26.907 | +0.455% | $59K | $83K | 20x | as long as short |
| edgeX LYTEUSDC | +0.0826% | 4h | 26.919 | +0.499% | $25K | $254K | 10x | as long as short |
Aster LYTEUSDT
Binance LYTEUSDT
OKX LYTE-USDT-SWAP
Bitget LYTEUSDT
HTX LYTE-USDT
KuCoin LYTEUSDTM
MEXC LYTE_USDT
edgeX LYTEUSDC