Funding you earn now, next payment 02:00 UTC+0.0416%/8h= +45.6% APRnext payment +$0.52 per $10,000 · paid last 24h +0.070%
Price spread now: tradeXYZ against Lighter−0.250%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 · tradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. tradeXYZ is 0.250% cheaper against Lighter than usual: you would sell low and buy high (spread −0.250% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 2.0 days of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GEV | 952.10 | 0.0032 | pay 0.0004% / 1h | 34m 40s | $3K | $750 | 10x |
| Short | tradeXYZ xyz:GEV | 949.72 | 0.0448 | get 0.0056% / 1h | 34m 40s | $583K | $254K | 10x |
Lighter GEV
tradeXYZ xyz:GEVFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $87.42
- Price spread: −0.250% → 0.000%
- −$25
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $44.43
- Costs to cover
- 0.180%
- Break-even
- 3.4 days
Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 12 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 tradeXYZ live order book, 12 min ago | 6.68 bp | 15.7 bp −$16 | 37.3 bp −$373 | 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 | 950.55 | −0.163% | $314K | $351K | 25x | as long as short |
| OKX GEV-USDT-SWAP | 0.0000% | 8h | 950.32 | −0.187% | $610K | $233K | 25x | as long as short |
| Gate GEV_USDT | 0.0000% | 8h | 952.00 | −0.011% | $287K | $22K | 20x | as long as short |
| Bitget GEVUSDT | 0.0000% | 8h | 950.80 | −0.137% | $492K | $131K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 951.64 | −0.048% | $9K | $39K | 10x | as long as short |
| Binance GEVUSDT | +0.0018% | 8h | 950.63 | −0.155% | $1.5M | $1.3M | 25x | as long as short |
| Lighter GEVlong | +0.0032% | 1h | 952.10 | long leg | $3K | $750 | 10x | |
| tradeXYZ xyz:GEVshort | +0.0448% | 1h | 949.72 | −0.250% | $583K | $254K | 10x |
Bybit GEVUSDT
OKX GEV-USDT-SWAP
Gate GEV_USDT
Bitget GEVUSDT
HTX GEV-USDT
Binance GEVUSDT