Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.047%
Price spread now: Lighter against Aster−0.120%7-day average −0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.120%, 7d avg −0.063%
Together, before fees−0.012%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.057% cheaper against Aster than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.063%). If the spread goes back, that is −$6 on $10k: about 6.0 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EWYUSDT190.040get 0.0000% / 8h3h 51m$295K$12K20x
ShortLighter EWY189.810.0032get 0.0004% / 1h51m 34s$384K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.120% → −0.063%
−$5.72
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$7
Costs to cover
0.080%
Break-even
14.3 days
Slippage unknown: Aster: live order book, 65 min ago; Lighter: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 65 min ago2.89 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 58 min ago2.63 bp6.6 bp −$711.0 bp −$11043.2 bp −$4,319doesn't fit

EWY on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−0.0096%1h189.91−0.067%$28K$12K20xas long as short
Aster EWYUSDTlong0.0000%8h190.04long leg$295K$12K20x
Bybit EWYUSDT0.0000%8h190.04+0.001%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h190.08+0.022%$4.1M$3.3M50xas long as short
Gate EWY_USDT0.0000%8h190.04+0.001%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h190.06+0.012%$2.7M$2.0M20xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.04+0.003%$752K$396K10xas long as short
SunX EWY-USDT0.0000%8h189.83−0.109%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.022%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.00−0.020%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY+0.0015%8h190.01−0.014%$1.2M$1.1Mas long as short
Lighter EWYshort+0.0032%1h189.81−0.120%$384K$39K20x
Vest EWY-USD-PERP+0.0046%1h190.05+0.006%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.06+0.012%$198K$146K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h190.58+0.285%$532K$294K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.91−0.067%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.93−0.057%$30K$65K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.81−0.120%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.97−0.036%$747$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.87−0.088%$198K$267K10xas long as short
Binance EWYUSDT+0.0052%8h190.03−0.005%$27.7M$76.4M50xas long as short
MEXC EWY_USDT+0.0052%8h190.02−0.009%$6.2M$3.8M100xas long as short
Paradex EWY-USD-PERP+0.0054%8h190.05+0.004%$235xas long as short
Extended EWY_24_5-USD+0.0056%1h189.97−0.034%$301K$669K10xas long as short
BloFin EWY-USDT+0.0057%8h190.07+0.017%$48K$213K50xas long as short
KuCoin EWYUSDTM+0.0100%8h189.92−0.062%$978K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.06+0.012%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.97−0.036%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0224%1h189.92−0.062%$2K$13K20xas long as short
edgeX EWYUSDC+0.0307%4h190.03−0.005%$426K$284K20xas long as short