Funding you earn now, next payment 10:00 UTC+0.0741%/8h= +81.1% APRpaid last 24h +0.231%
Price spread now: OKX against tradeXYZ−0.049%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$347as in the Price arb table
costs, in and out, $10k−$3363.361% of the position
Funding, last 7 days+0.568%+$57 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.049%, 7d avg +0.059%
=Together, before fees+0.705%+ Points / potential airdroptradeXYZ: Active · farm board+$70 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.109% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.059%). If the spread goes back, that is −$11 on $10k: about 12 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.568% in total) that is about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LYTE | 26.273 | −0.0741 | get 0.0093% / 1h | 9m 10s | $518K | $74K | 10x |
| Short | OKX LYTE-USDT-SWAP | 26.260 | 0 | get 0.0000% / 8h | 6h 09m | $183K | $277K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $155.52
- Price spread: −0.049% → +0.059%
- −$10.88
- Slippage, 4 orders
- −$308.08
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$191.44
- Costs to cover
- 3.361%
- Break-even
- 15.6 days
Slippage from tradeXYZ: live order book, 34 min ago; OKX: live order book, 39 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, 34 min ago | 12.95 bp | 53.8 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 39 min ago | 5.71 bp | 101.2 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
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:LYTElong | −0.0741% | 1h | 26.273 | long leg | $518K | $74K | 10x | |
| edgeX LYTEUSDC | −0.0423% | 4h | 26.257 | −0.061% | $25K | $252K | 10x | as long as short |
| Bitget LYTEUSDT | −0.0273% | 8h | 26.249 | −0.091% | $84K | $27K | 20x | as long as short |
| MEXC LYTE_USDT | −0.0200% | 8h | 26.283 | +0.038% | $59K | $84K | 20x | as long as short |
| Aster LYTEUSDT | 0.0000% | 8h | 26.234 | −0.149% | $16K | $289 | 20x | as long as short |
| Binance LYTEUSDT | 0.0000% | 8h | 26.250 | −0.088% | $536K | $292K | 20x | as long as short |
| Bybit LYTEUSDT | 0.0000% | 8h | 26.280 | +0.027% | $100K | $28K | 25x | as long as short |
| OKX LYTE-USDT-SWAPshort | 0.0000% | 8h | 26.260 | −0.049% | $183K | $277K | 20x | |
| HTX LYTE-USDT | 0.0000% | 8h | 26.230 | −0.164% | $7K | $285K | 20x | as long as short |
| KuCoin LYTEUSDTM | +0.0100% | 8h | 26.270 | −0.011% | $14K | $1.2M | 20x | as long as short |
tradeXYZ xyz:LYTE
OKX LYTE-USDT-SWAP
edgeX LYTEUSDC
Bitget LYTEUSDT
MEXC LYTE_USDT
Aster LYTEUSDT
Binance LYTEUSDT
Bybit LYTEUSDT
HTX LYTE-USDT
KuCoin LYTEUSDTM