Funding you earn now, next payment 07:00 UTC−0.0309%/8h= −33.9% APRpaid last 24h +0.010%
Price spread now: Lighter against Binance−0.021%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+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 against this trade now: funding costs −$9 a day on $10k at the current rate, and Lighter is 0.021% cheaper against Binance than usual: you would sell low and buy high (−$2 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 | Binance GEVUSDT | 948.00 | 0.0341 | pay 0.0341% / 8h | 1h 03m | $1.5M | $682K | 25x |
| Short | Lighter GEV | 947.80 | 0.0032 | get 0.0004% / 1h | 3m 13s | $3K | $750 | 10x |
Binance GEVUSDT
Lighter GEVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$64.95
- Price spread: −0.021% → 0.000%
- −$2.11
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$77.06
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 15 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 Binance live order book, 15 min ago | 0.95 bp | 25.8 bp −$26 | 132.4 bp −$1,324 | 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.
GEV on 8 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 GEVUSDT | 0.0000% | 8h | 947.41 | −0.062% | $316K | $122K | 25x | as long as short |
| OKX GEV-USDT-SWAP | 0.0000% | 8h | 948.22 | +0.023% | $608K | $175K | 25x | as long as short |
| Gate GEV_USDT | 0.0000% | 8h | 948.60 | +0.063% | $296K | $18K | 20x | as long as short |
| Bitget GEVUSDT | 0.0000% | 8h | 948.08 | +0.008% | $491K | $90K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 948.82 | +0.086% | $9K | $39K | 10x | as long as short |
| Lighter GEVshort | +0.0032% | 1h | 947.80 | −0.021% | $3K | $750 | 10x | |
| Binance GEVUSDTlong | +0.0341% | 8h | 948.00 | long leg | $1.5M | $682K | 25x | |
| tradeXYZ xyz:GEV | +0.0678% | 1h | 947.15 | −0.090% | $588K | $129K | 10x | as long as short |
Bybit GEVUSDT
OKX GEV-USDT-SWAP
Gate GEV_USDT
Bitget GEVUSDT
HTX GEV-USDT
tradeXYZ xyz:GEV