Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.2% APRpaid last 24h −0.004%
Price spread now: Lighter against Aster+0.100%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+0.126%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.100% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.126% in total (about 6.6% 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 | Aster TENCENTUSDT | 57.500 | 0 | get 0.0000% / 8h | 22m 58s | $44K | $12K | 20x |
| Short | Lighter TENCENT | 57.557 | 0.0248 | get 0.0031% / 1h | 22m 58s | $61K | $9K | 10x |
Aster TENCENTUSDT
Lighter TENCENTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $52.08
- Price spread: +0.100% → 0.000%
- $9.98
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $54.06
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Lighter: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Aster and Lighter: 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.
TENCENT on 9 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 TENCENTUSDC | −0.0159% | 4h | 57.494 | −0.009% | $118K | $213K | 10x | as long as short |
| Aster TENCENTUSDTlong | 0.0000% | 8h | 57.500 | long leg | $44K | $12K | 20x | |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.450 | −0.086% | $251K | $235K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.500 | +0.001% | $1.7M | $650K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.440 | −0.104% | $1.2M | $1.9M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.670 | +0.296% | $10K | $45K | 10x | as long as short |
| Binance TENCENTUSDT | +0.0006% | 4h | 57.520 | +0.035% | $2.9M | $5.2M | 25x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.420 | −0.138% | $121K | $681K | 20x | as long as short |
| Lighter TENCENTshort | +0.0248% | 1h | 57.557 | +0.100% | $61K | $9K | 10x |
edgeX TENCENTUSDC
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Binance TENCENTUSDT
KuCoin TENCENTUSDTM