# TENCENT Funding Rate on Lighter

As of 2026-10-05 14:16 UTC, the TENCENT perpetual on Lighter pays 0.1120% per 8h, 0.1120% per 8 hours (122.64% APR), so longs pay shorts. That is the 2nd highest of 13 exchanges shown, against a volume-weighted average of -0.0007% per 8 hours (-0.73% APR). Over the last 7 days Lighter averaged 0.0101% per 8 hours (11.05% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/tencent/cryptocom) | [TENCENT/USD:USD](https://crypto.com/exchange/trade/TENCENTUSD-PERP) | 0.0299% | 1h | 261.65% | 2026-10-05 15:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/tencent/lighter) | [TENCENT/USDC:USDC](https://app.lighter.xyz/trade/TENCENT) | 0.1120% | 8h | 122.64% | — |
| [Gate](https://arbtide.com/funding-rates/tencent/gate) | [TENCENT/USDT:USDT](https://www.gate.com/futures/USDT/TENCENT_USDT) | 0.0113% | 8h | 12.37% | 2026-10-05 16:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/tencent/xt) | [TENCENT/USDT:USDT](https://www.xt.com/en/futures/trade/tencent_usdt) | 0.0100% | 8h | 10.95% | 2026-10-05 16:00 UTC |
| [Binance](https://arbtide.com/funding-rates/tencent/binance) | [TENCENT/USDT:USDT](https://www.binance.com/en/futures/TENCENTUSDT) | 0.0000% | 4h | 0.00% | 2026-10-05 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/tencent/bybit) | [TENCENT/USDT:USDT](https://www.bybit.com/trade/usdt/TENCENTUSDT) | 0.0000% | 8h | 0.00% | 2026-10-05 16:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/tencent/bitget) | [TENCENT/USDT:USDT](https://www.bitget.com/futures/usdt/TENCENTUSDT) | 0.0000% | 8h | 0.00% | — |
| [KuCoin](https://arbtide.com/funding-rates/tencent/kucoin) | [TENCENT/USDT:USDT](https://www.kucoin.com/trade/futures/TENCENTUSDTM) | 0.0000% | 4h | 0.00% | 2026-10-05 16:00 UTC |
| [HTX](https://arbtide.com/funding-rates/tencent/htx) | [TENCENT/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=TENCENT-USDT&contract_type=swap&type=cross) | 0.0000% | 4h | 0.00% | 2026-10-05 16:00 UTC |
| [LBank](https://arbtide.com/funding-rates/tencent/lbank) | [TENCENT/USDT:USDT](https://www.lbank.com/futures/tencentusdt) | 0.0000% | 4h | 0.00% | 2026-10-05 16:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/tencent/toobit) | [TENCENT/USDT:USDT](https://www.toobit.com/en-US/futures/TENCENT-SWAP-USDT) | 0.0000% | 4h | 0.00% | 2026-10-05 16:00 UTC |
| [Aster](https://arbtide.com/funding-rates/tencent/aster) | [TENCENT/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/TENCENTUSDT) | 0.0000% | 8h | 0.00% | — |
| [WEEX](https://arbtide.com/funding-rates/tencent/weex) | [TENCENT/USDT:USDT](https://www.weex.com/futures/TENCENT-USDT) | -0.0105% | 4h | -22.91% | 2026-10-05 14:16 UTC |

## Frequently asked questions

### What is the TENCENT funding rate on Lighter?

0.1120% per 8h, or 0.1120% per 8 hours (122.64% APR), so longs pay shorts. The 7-day average is 0.0101% per 8 hours (11.05% APR).

### How often does Lighter pay TENCENT funding?

Every 8 hours.

### Is TENCENT funding on Lighter higher than on other exchanges?

Lighter is the 2nd highest of 13 exchanges shown. The highest is Gate at 0.0113% per 8h (12.37% APR) and the lowest is WEEX at -0.0105% per 4h (-22.91% APR).

### How do you arbitrage TENCENT funding with Lighter?

Long TENCENT on WEEX and short on Lighter for a gross spread of 0.1329% per 8 hours (145.55% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.