Funding you earn now, next payment 09:00 UTC−0.0262%/8h= −28.7% APRpaid last 24h +0.010%
Price spread now: Lighter against Bybit+0.130%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Lighter is 0.130% dearer against Bybit than usual: you sell high and buy low (spread +0.130% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GEVUSDT | 943.57 | 0.0294 | pay 0.0294% / 8h | 7h 43m | $325K | $127K | 25x |
| Short | Lighter GEV | 944.80 | 0.0032 | get 0.0004% / 1h | 43m 54s | $3K | $750 | 10x |
Bybit GEVUSDT
Lighter GEVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- −$54.95
- Price spread: +0.130% → 0.000%
- $13.04
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$52.91
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 51 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 Bybit live order book, 51 min ago | 8.08 bp | 100.5 bp −$101 | 235.3 bp −$2,353 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX GEV-USDT-SWAP | 0.0000% | 8h | 944.01 | +0.047% | $605K | $174K | 25x | as long as short |
| Gate GEV_USDT | 0.0000% | 8h | 945.90 | +0.247% | $295K | $16K | 20x | as long as short |
| Bitget GEVUSDT | 0.0000% | 8h | 944.76 | +0.126% | $494K | $96K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 945.48 | +0.202% | $9K | $39K | 10x | as long as short |
| Lighter GEVshort | +0.0032% | 1h | 944.80 | +0.130% | $3K | $750 | 10x | |
| tradeXYZ xyz:GEV | +0.0050% | 1h | 943.20 | −0.039% | $587K | $129K | 10x | as long as short |
| Bybit GEVUSDTlong | +0.0294% | 8h | 943.57 | long leg | $325K | $127K | 25x | |
| Binance GEVUSDT | +0.0612% | 8h | 943.72 | +0.016% | $1.5M | $707K | 25x | as long as short |
OKX GEV-USDT-SWAP
Gate GEV_USDT
Bitget GEVUSDT
HTX GEV-USDT
tradeXYZ xyz:GEV
Binance GEVUSDT