Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Gate against Lighter+0.074%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
The price spread pays, funding is against you. Gate is 0.074% dearer against Lighter than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GEV | 949.30 | 0.0032 | pay 0.0004% / 1h | 29m 45s | $3K | $750 | 10x |
| Short | Gate GEV_USDT | 950.00 | 0 | get 0.0000% / 8h | 3h 29m | $294K | $18K | 20x |
Lighter GEV
Gate GEV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.074% → 0.000%
- $7.37
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$14.35
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Gate: live order book, 17 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 Gate live order book, 17 min ago | 12.10 bp | 125.8 bp −$126 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GEVUSDT | 0.0000% | 8h | 947.57 | −0.182% | $314K | $229K | 25x | as long as short |
| OKX GEV-USDT-SWAP | 0.0000% | 8h | 949.37 | +0.007% | $610K | $186K | 25x | as long as short |
| Gate GEV_USDTshort | 0.0000% | 8h | 950.00 | +0.074% | $294K | $18K | 20x | |
| Bitget GEVUSDT | 0.0000% | 8h | 950.49 | +0.125% | $492K | $93K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 949.49 | +0.020% | $9K | $37K | 10x | as long as short |
| Lighter GEVlong | +0.0032% | 1h | 949.30 | long leg | $3K | $750 | 10x | |
| Binance GEVUSDT | +0.0296% | 8h | 949.01 | −0.030% | $1.5M | $708K | 25x | as long as short |
| tradeXYZ xyz:GEV | +0.0382% | 1h | 947.43 | −0.197% | $584K | $151K | 10x | as long as short |
Bybit GEVUSDT
OKX GEV-USDT-SWAP
Bitget GEVUSDT
HTX GEV-USDT
Binance GEVUSDT
tradeXYZ xyz:GEV