Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.042%
Price spread now: Lighter against Bitget+0.725%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+0.447%+$45 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.725% dearer against Bitget than usual: you sell high and buy low: +$72 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TENCENTUSDT | 57.520 | 0 | get 0.0000% / 8h | 4h 50m | $1.2M | $1.5M | 20x |
| Short | Lighter TENCENT | 57.937 | 0.0032 | get 0.0004% / 1h | 50m 49s | $84K | $32K | 10x |
Bitget TENCENTUSDT
Lighter TENCENTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $6.72
- Price spread: +0.725% → 0.000%
- $72.5
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $67.22
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 4 min ago; 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 Bitget live order book, 4 min ago | 4.34 bp | 18.0 bp −$18 | 33.9 bp −$339 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TENCENTUSDTM | −0.0146% | 4h | 57.520 | 0.000% | $120K | $848K | 20x | as long as short |
| edgeX TENCENTUSDC | −0.0009% | 4h | 57.595 | +0.130% | $119K | $215K | 10x | as long as short |
| Aster TENCENTUSDT | 0.0000% | 8h | 57.616 | +0.168% | $44K | $12K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 57.575 | +0.096% | $2.9M | $5.1M | 25x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.560 | +0.070% | $251K | $152K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.550 | +0.052% | $1.6M | $688K | 25x | as long as short |
| Bitget TENCENTUSDTlong | 0.0000% | 8h | 57.520 | long leg | $1.2M | $1.5M | 20x | |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.740 | +0.382% | $10K | $46K | 10x | as long as short |
| Lighter TENCENTshort | +0.0032% | 1h | 57.937 | +0.725% | $84K | $32K | 10x |
KuCoin TENCENTUSDTM
edgeX TENCENTUSDC
Aster TENCENTUSDT
Binance TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
HTX TENCENT-USDT