Funding you earn now, next payment 10:00 UTC+0.0799%/8h= +87.5% APRpaid last 24h +0.220%
Price spread now: edgeX against tradeXYZ−0.035%7-day average +0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1571.569% of the position
Funding, last 7 days+0.522%+$52 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.035%, 7d avg +0.133%
=Together, before fees+0.738%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$74 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.168% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.133%). If the spread goes back, that is −$17 on $10k: about 17 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.522% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.522% in total (about 27.2% 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 | 26.252 | −0.0506 | get 0.0063% / 1h | 57m 10s | $518K | $74K | 10x |
| Short | edgeX LYTEUSDC | 26.243 | 0.0293 | get 0.0146% / 4h | 2h 57m | $25K | $251K | 10x |
tradeXYZ xyz:LYTE
edgeX LYTEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $167.79
- Price spread: −0.035% → +0.133%
- −$16.81
- Slippage, 4 orders
- −$129.94
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$5.96
- Costs to cover
- 1.569%
- Break-even
- 7.2 days
Slippage from tradeXYZ: live order book, 49 min ago; edgeX: live order book, 35 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 tradeXYZ live order book, 49 min ago | 9.57 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 22.99 bp | 41.7 bp −$42 | doesn't fit | 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:LYTElong | −0.0506% | 1h | 26.252 | long leg | $518K | $74K | 10x | |
| Bitget LYTEUSDT | −0.0441% | 8h | 26.274 | +0.084% | $84K | $27K | 20x | as long as short |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.264 | +0.046% | $59K | $82K | 20x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.274 | +0.083% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.308 | +0.212% | $538K | $294K | 20x | as long as short |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.350 | +0.373% | $100K | $28K | 25x | as long as short |
| OKX LYTE-USDT-SWAP | 0.0000% | 8h | 26.310 | +0.221% | $183K | $278K | 20x | as long as short |
| HTX LYTE-USDT | 0.0000% | 8h | 26.310 | +0.221% | $7K | $284K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.280 | +0.107% | $14K | $1.1M | 20x | as long as short |
| edgeX LYTEUSDCshort | +0.0293% | 4h | 26.243 | −0.035% | $25K | $251K | 10x |
Bitget LYTEUSDT
MEXC LYTE_USDT
Aster LYTEUSDT
Binance LYTEUSDT
Bybit LYTEUSDT
OKX LYTE-USDT-SWAP
HTX LYTE-USDT
KuCoin LYTEUSDTM