Funding you earn now, next payment 12:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bitget against Lighter−0.124%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.124% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GEV | 946.40 | 0.0032 | pay 0.0004% / 1h | 10m 06s | $3K | $250 | 10x |
| Short | Bitget GEVUSDT | 945.23 | 0 | get 0.0000% / 8h | 4h 10m | $508K | $95K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$6.72
- Price spread: −0.124% → 0.000%
- −$12.36
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$31.08
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 24 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 Bitget live order book, 24 min ago | 20.88 bp | 45.8 bp −$46 | 85.8 bp −$858 | 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 | 947.70 | +0.137% | $296K | $19K | 20x | as long as short |
| Bitget GEVUSDTshort | 0.0000% | 8h | 945.23 | −0.124% | $508K | $95K | 20x | |
| HTX GEV-USDT | 0.0000% | 8h | 945.79 | −0.064% | $9K | $38K | 10x | as long as short |
| Lighter GEVlong | +0.0032% | 1h | 946.40 | long leg | $3K | $250 | 10x | |
| Bybit GEVUSDT | +0.0087% | 8h | 944.93 | −0.155% | $312K | $137K | 25x | as long as short |
| tradeXYZ xyz:GEV | +0.0157% | 1h | 944.24 | −0.228% | $594K | $110K | 10x | as long as short |
| OKX GEV-USDT-SWAP | +0.0294% | 8h | 945.92 | −0.051% | $608K | $173K | 25x | as long as short |
| Binance GEVUSDT | +0.0971% | 8h | 945.43 | −0.102% | $1.5M | $832K | 25x | as long as short |
Lighter GEV
Bitget GEVUSDT
Gate GEV_USDT
HTX GEV-USDT
Bybit GEVUSDT
tradeXYZ xyz:GEV
OKX GEV-USDT-SWAP
Binance GEVUSDT