Both are graded, so for both you choose the largest total degree first, the lex and revlex stuff is only used if you need to break a tie.
If $y < x < z$ then for lex you look at the variables in the order $z \to x \to y$ (largest to smallest) and choose the largest degree, moving on to the next variable if you need to break a tie. So among those terms with total degree $6$ (the largest) we choose $7x^2yz^3$ because we look at $z$ first and choose the term with the largest $z$-degree.
If we still have $y < x < z$ then for revlex you look at the variables in the order $y \to x \to z$ (smallest to largest) and you choose the smallest degree, moving on to the next variable if you need to break a tie. So among those terms with total degree $6$ we would take $\mathrm{LT}(f) = 7x^2yz^3$ because the smallest $y$-degree you can get is $1$, and of the two monomials that have that $y$-degree the smallest $x$-degree you can get is $2$.
It's a little funny because the leading term comes out to be the same. To see one that comes out different let $f = x^2 + zy$. Keep $y < x < z$. Then with graded lex we have $\mathrm{LT}(f) = yz$ and with graded revlex we have $\mathrm{LT}(f) = x^2$.
To keep them straight think that the "l" in lex is for large, and reverse large is small, so:
- lex $\to$ largest variable first, take largest degree
- revlex $\to$ smallest variable first, take smallest degree