Funding you earn now, next payment 06:00 UTC−0.0544%/8h= −59.5% APRpaid last 24h +0.099%
Price spread now: edgeX against Lighter−0.631%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+0.604%+$60 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and edgeX is 0.631% cheaper against Lighter than usual: you would sell low and buy high (−$63 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.604%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TENCENT | 58.226 | 0.0816 | pay 0.0102% / 1h | 11m 20s | $68K | $4K | 10x |
| Short | edgeX TENCENTUSDC | 57.858 | 0.0272 | get 0.0136% / 4h | 2h 11m | $119K | $212K | 10x |
Lighter TENCENT
edgeX TENCENTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$114.19
- Price spread: −0.631% → 0.000%
- −$63.14
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$186.33
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 36 min ago. 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 edgeX live order book, 36 min ago | 5.14 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
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 | 57.910 | −0.543% | $254K | $266K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.930 | −0.508% | $1.7M | $684K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.890 | −0.577% | $1.2M | $3.1M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 58.000 | −0.388% | $10K | $43K | 10x | as long as short |
| Aster TENCENTUSDT | +0.0005% | 8h | 57.991 | −0.404% | $44K | $12K | 20x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.860 | −0.629% | $123K | $690K | 20x | as long as short |
| edgeX TENCENTUSDCshort | +0.0272% | 4h | 57.858 | −0.631% | $119K | $212K | 10x | |
| Binance TENCENTUSDT | +0.0540% | 4h | 57.970 | −0.440% | $2.9M | $5.2M | 25x | as long as short |
| Lighter TENCENTlong | +0.0816% | 1h | 58.226 | long leg | $68K | $4K | 10x |
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Aster TENCENTUSDT
KuCoin TENCENTUSDTM
Binance TENCENTUSDT