A Lambo in heaven but for now I'm on the redeye
Flying back to my city cuz I'll forever standby

from Kendrick Lamar (Ft. Dr. Dre) – Compton Lyrics on Rap Genius

Dre’s saying when he goes to heaven, a Lambo’ll be waiting there for him to traverse heaven with, but for now, while he’s on this earth, he’ll stick to those late night flights, or a red-eye flight.

Little more elaboration on red-eye:

A red-eye flight is any flight departing late at night and arriving early the next morning. The term red-eye derives from the fatigue symptom of having red eyes, which can be caused or aggravated by late-night travel.

He also says he’ll ‘standby forever,’ which is a play on words. A standby is where you’re just in the airport, but you don’t have a ticket to a specific flight, but you’ve paid for a destination, so you’re on standby until a seat opens up to that destination.

In this way, Dre also means he’ll forever stand by his city, the city of Compton, and rep it till he dies.

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