Funding you earn now, next payment 09:00 UTC+0.0209%/8h= +22.9% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter+0.154%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 +$6 a day on $10k at the current rate, and Bybit is 0.154% dearer against Lighter than usual: you sell high and buy low: +$15 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 | 941.50 | 0.0032 | pay 0.0004% / 1h | 1m 25s | $3K | $750 | 10x |
| Short | Bybit GEVUSDT | 942.95 | 0.0241 | get 0.0241% / 8h | 7h 01m | $321K | $121K | 25x |
Lighter GEV
Bybit GEVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $43.93
- Price spread: +0.154% → 0.000%
- $15.4
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $48.33
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 28 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 Bybit live order book, 28 min ago | 5.44 bp | 74.3 bp −$74 | 229.7 bp −$2,297 | 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 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 | 944.39 | +0.307% | $604K | $173K | 25x | as long as short |
| Gate GEV_USDT | 0.0000% | 8h | 944.80 | +0.351% | $295K | $17K | 20x | as long as short |
| Bitget GEVUSDT | 0.0000% | 8h | 944.28 | +0.295% | $494K | $88K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 943.80 | +0.244% | $9K | $38K | 10x | as long as short |
| Lighter GEVlong | +0.0032% | 1h | 941.50 | long leg | $3K | $750 | 10x | |
| tradeXYZ xyz:GEV | +0.0201% | 1h | 942.45 | +0.101% | $589K | $128K | 10x | as long as short |
| Bybit GEVUSDTshort | +0.0241% | 8h | 942.95 | +0.154% | $321K | $121K | 25x | |
| Binance GEVUSDT | +0.0581% | 8h | 944.31 | +0.298% | $1.5M | $770K | 25x | as long as short |
OKX GEV-USDT-SWAP
Gate GEV_USDT
Bitget GEVUSDT
HTX GEV-USDT
tradeXYZ xyz:GEV
Binance GEVUSDT