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

GEV

RWAall GEV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Gate−0.074%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Lighter is 0.074% cheaper against Gate than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 7.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GEV_USDT950.000get 0.0000% / 8h3h 29m$294K$18K20x
ShortLighter GEV949.300.0032get 0.0004% / 1h29m 33s$3K$75010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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: −0.074% → 0.000%
−$7.37
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter: 0 bp × 2 orders
$0
Net
−$15.65
Costs to cover
0.150%
Break-even
23.3 days
Slippage unknown: Gate: live order book, 17 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 Gate live order book, 17 min ago12.10 bp112.8 bp −$113doesn't fitdoesn'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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GEVUSDT0.0000%8h947.33−0.281%$314K$229K25xas long as short
OKX GEV-USDT-SWAP0.0000%8h949.37−0.066%$610K$186K25xas long as short
Gate GEV_USDTlong0.0000%8h950.00long leg$294K$18K20x
Bitget GEVUSDT0.0000%8h950.49+0.052%$492K$93K20xas long as short
HTX GEV-USDT0.0000%8h949.49−0.054%$9K$37K10xas long as short
Lighter GEVshort+0.0032%1h949.30−0.074%$3K$75010x
Binance GEVUSDT+0.0296%8h948.78−0.128%$1.5M$708K25xas long as short
tradeXYZ xyz:GEV+0.0382%1h947.43−0.271%$584K$151K10xas long as short