Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: OKX against Lighter−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 OKX is 0.067% cheaper against Lighter than usual: you would sell low and buy high (−$7 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 | 951.70 | 0.0032 | pay 0.0004% / 1h | 17m 50s | $3K | $1K | 10x |
| Short | OKX GEV-USDT-SWAP | 951.06 | 0 | get 0.0000% / 8h | 17m 50s | $611K | $240K | 25x |
Lighter GEV
OKX GEV-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.067% → 0.000%
- −$6.72
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$23.44
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; OKX: live order book, 58 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 OKX live order book, 58 min ago | 3.95 bp | 62.4 bp −$62 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GEVUSDT | 0.0000% | 8h | 950.76 | −0.099% | $1.5M | $1.4M | 25x | as long as short |
| Bybit GEVUSDT | 0.0000% | 8h | 949.04 | −0.279% | $315K | $625K | 25x | as long as short |
| OKX GEV-USDT-SWAPshort | 0.0000% | 8h | 951.06 | −0.067% | $611K | $240K | 25x | |
| Gate GEV_USDT | 0.0000% | 8h | 951.80 | +0.011% | $287K | $22K | 20x | as long as short |
| Bitget GEVUSDT | 0.0000% | 8h | 949.79 | −0.201% | $493K | $122K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 951.37 | −0.035% | $9K | $40K | 10x | as long as short |
| Lighter GEVlong | +0.0032% | 1h | 951.70 | long leg | $3K | $1K | 10x | |
| tradeXYZ xyz:GEV | +0.0288% | 1h | 949.43 | −0.239% | $575K | $261K | 10x | as long as short |
Binance GEVUSDT
Bybit GEVUSDT
Gate GEV_USDT
Bitget GEVUSDT
HTX GEV-USDT
tradeXYZ xyz:GEV