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

GEV

RWAall GEV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against HTX+0.180%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 5 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 0.180% dearer against HTX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GEV-USDT945.500get 0.0000% / 8h2h 11m$9K$38K10x
ShortLighter GEV947.200.0032get 0.0004% / 1h11m 36s$3K$75010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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: +0.180% → 0.000%
$17.98
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$12.7
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; 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 HTX no order-book sample
Sell Lighter no order-book sample
HTX and 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%8h946.19+0.073%$315K$200K25xas long as short
OKX GEV-USDT-SWAP0.0000%8h947.30+0.190%$607K$182K25xas long as short
Gate GEV_USDT0.0000%8h947.10+0.169%$295K$18K20xas long as short
Bitget GEVUSDT0.0000%8h946.89+0.147%$490K$88K20xas long as short
HTX GEV-USDTlong0.0000%8h945.50long leg$9K$38K10x
Lighter GEVshort+0.0032%1h947.20+0.180%$3K$75010x
Binance GEVUSDT+0.0117%8h946.85+0.143%$1.5M$627K25xas long as short
tradeXYZ xyz:GEV+0.0269%1h945.45−0.005%$583K$141K10xas long as short