Settings8H · net · $10k
Funding arb · Price arb /

GEV

RWAall GEV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Bitget+0.095%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.095% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GEVUSDT946.100get 0.0000% / 8h4h 50m$509K$96K20x
ShortLighter GEV947.000.0032get 0.0004% / 1h50m 46s$3K$25010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.095% → 0.000%
$9.51
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$4.23
Costs to cover
0.120%
Break-even
2.6 days
Slippage unknown: Bitget: live order book, 48 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 48 min ago19.61 bp67.7 bp −$6887.1 bp −$871doesn't fitdoesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GEV_USDT0.0000%8h948.50+0.254%$296K$18K20xas long as short
Bitget GEVUSDTlong0.0000%8h946.10long leg$509K$96K20x
HTX GEV-USDT0.0000%8h946.11+0.001%$9K$37K10xas long as short
Lighter GEVshort+0.0032%1h947.00+0.095%$3K$25010x
tradeXYZ xyz:GEV+0.0341%1h946.05−0.005%$592K$110K10xas long as short
Bybit GEVUSDT+0.0369%8h946.52+0.044%$313K$134K25xas long as short
OKX GEV-USDT-SWAP+0.0406%8h946.53+0.045%$608K$173K25xas long as short
Binance GEVUSDT+0.1124%8h946.47+0.040%$1.5M$831K25xas long as short