Funding you earn now, next payment 10:00 UTC+0.0864%/8h= +94.6% APRpaid last 24h +0.048%
Price spread now: Binance against Lighter+0.069%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
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Binance is 0.069% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GEV | 942.50 | 0.0032 | pay 0.0004% / 1h | 18m 16s | $3K | $750 | 10x |
| Short | Binance GEVUSDT | 943.15 | 0.0896 | get 0.0896% / 8h | 6h 18m | $1.5M | $758K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $181.45
- Price spread: +0.069% → 0.000%
- $6.9
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $178.34
- Costs to cover
- 0.100%
- Break-even
- 0.1 days
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 8 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 0.53 bp | 26.2 bp −$26 | 101.4 bp −$1,014 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GEV_USDT | 0.0000% | 8h | 944.10 | +0.170% | $295K | $17K | 20x | as long as short |
| Bitget GEVUSDT | 0.0000% | 8h | 942.96 | +0.049% | $493K | $86K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 943.34 | +0.089% | $9K | $38K | 10x | as long as short |
| Lighter GEVlong | +0.0032% | 1h | 942.50 | long leg | $3K | $750 | 10x | |
| OKX GEV-USDT-SWAP | +0.0249% | 8h | 943.25 | +0.080% | $603K | $172K | 25x | as long as short |
| Bybit GEVUSDT | +0.0834% | 8h | 942.44 | −0.006% | $323K | $114K | 25x | as long as short |
| Binance GEVUSDTshort | +0.0896% | 8h | 943.15 | +0.069% | $1.5M | $758K | 25x | |
| tradeXYZ xyz:GEV | +0.1187% | 1h | 941.53 | −0.103% | $589K | $121K | 10x | as long as short |
Lighter GEV
Binance GEVUSDT
Gate GEV_USDT
Bitget GEVUSDT
HTX GEV-USDT
OKX GEV-USDT-SWAP
Bybit GEVUSDT
tradeXYZ xyz:GEV