Funding you earn now, next payment 11:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.035%
Price spread now: Aster against Lighter−0.552%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.552% cheaper against Lighter than usual: you would sell low and buy high (−$55 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TENCENT | 57.913 | 0.0032 | pay 0.0004% / 1h | 29m 27s | $62K | $10K | 10x |
| Short | Aster TENCENTUSDT | 57.593 | 0 | get 0.0000% / 8h | 5h 29m | $44K | $12K | 20x |
Lighter TENCENT
Aster TENCENTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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: −0.552% → 0.000%
- −$55.23
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$69.95
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Aster: 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Lighter and Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TENCENTUSDC | −0.0873% | 4h | 57.581 | −0.573% | $119K | $216K | 10x | as long as short |
| KuCoin TENCENTUSDTM | −0.0020% | 4h | 57.440 | −0.817% | $121K | $816K | 20x | as long as short |
| Aster TENCENTUSDTshort | 0.0000% | 8h | 57.593 | −0.552% | $44K | $12K | 20x | |
| Binance TENCENTUSDT | 0.0000% | 4h | 57.560 | −0.610% | $2.9M | $5.1M | 25x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.540 | −0.644% | $251K | $153K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.550 | −0.627% | $1.6M | $678K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.520 | −0.679% | $1.2M | $1.5M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.700 | −0.368% | $10K | $46K | 10x | as long as short |
| Lighter TENCENTlong | +0.0032% | 1h | 57.913 | long leg | $62K | $10K | 10x |
edgeX TENCENTUSDC
KuCoin TENCENTUSDTM
Binance TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT