Funding you earn now, next payment 06:00 UTC+0.0544%/8h= +59.5% APRpaid last 24h −0.099%
Price spread now: Lighter against edgeX+0.646%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−0.604%−$60 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Lighter is 0.646% dearer against edgeX than usual: you sell high and buy low: +$65 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.604%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TENCENTUSDC | 57.858 | 0.0272 | pay 0.0136% / 4h | 2h 11m | $119K | $212K | 10x |
| Short | Lighter TENCENT | 58.232 | 0.0816 | get 0.0102% / 1h | 11m 26s | $68K | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- $114.19
- Price spread: +0.646% → 0.000%
- $64.58
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $169.77
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 35 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 edgeX live order book, 35 min ago | 5.14 bp | 29.2 bp −$29 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.920 | +0.107% | $254K | $266K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.920 | +0.107% | $1.7M | $684K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.940 | +0.141% | $1.2M | $3.1M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.850 | −0.014% | $10K | $43K | 10x | as long as short |
| Aster TENCENTUSDT | +0.0005% | 8h | 57.982 | +0.214% | $44K | $12K | 20x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.850 | −0.014% | $123K | $690K | 20x | as long as short |
| edgeX TENCENTUSDClong | +0.0272% | 4h | 57.858 | long leg | $119K | $212K | 10x | |
| Binance TENCENTUSDT | +0.0540% | 4h | 57.960 | +0.176% | $2.9M | $5.2M | 25x | as long as short |
| Lighter TENCENTshort | +0.0816% | 1h | 58.232 | +0.646% | $68K | $4K | 10x |
edgeX TENCENTUSDC
Lighter TENCENT
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Aster TENCENTUSDT
KuCoin TENCENTUSDTM
Binance TENCENTUSDT