Funding you earn now, next payment 01:00 UTC−0.0662%/8h= −72.5% APRpaid last 24h −0.003%
Price spread now: Lighter against Binance−0.058%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 2 days (all we have)−0.001%$0 · spread now −0.058%, 7d avg −0.073%
=Together, before fees−0.124%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 189.97 | 0.0694 | pay 0.0694% / 8h | 7h 54m | $28.6M | $79.8M | 50x |
| Short | Lighter EWY | 189.86 | 0.0032 | get 0.0004% / 1h | 54m 15s | $378K | $53K | 20x |
Binance EWYUSDT
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$139.09
- Price spread: −0.058% → −0.073%
- $1.51
- Slippage, 4 orders
- −$16.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$163.96
- Costs to cover
- 0.264%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Lighter: live order book, 10 min ago.
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 Binance live order book, 3 min ago | 0.26 bp | 5.5 bp −$6 | 7.6 bp −$76 | 22.3 bp −$2,234 | doesn't fit |
| Sell Lighter live order book, 10 min ago | 3.96 bp | 10.6 bp −$11 | 17.2 bp −$172 | 47.9 bp −$4,789 | doesn't fit |
EWY on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.93 | −0.021% | $4.1M | $3.2M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.68 | −0.155% | $750K | $381K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.87 | −0.053% | — | $2.7M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.96 | −0.005% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.81 | −0.084% | $37K | $8K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.89 | −0.042% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 189.86 | −0.058% | $378K | $53K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.00 | +0.016% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.94 | −0.016% | $196K | $143K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.72 | −0.132% | $51K | $57K | 25x | as long as short |
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.92 | −0.026% | $4K | $117 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.93 | −0.021% | $779 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.76 | −0.111% | $241K | $215K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.92 | −0.026% | $978K | $679K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.61 | −0.190% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.97 | 0.000% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0112% | 8h | 190.00 | +0.017% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.15 | −0.432% | $528K | $339K | 20x | as long as short |
| Bybit EWYUSDT | +0.0204% | 8h | 190.00 | +0.016% | $5.3M | $4.2M | 100x | as long as short |
| Bitget EWYUSDT | +0.0239% | 8h | 189.96 | −0.005% | $2.7M | $1.6M | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0246% | 1h | 189.90 | −0.037% | $6.5M | $14.3M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0337% | 8h | 190.03 | +0.031% | $4.1M | $4.0M | 50x | as long as short |
| edgeX EWYUSDC | +0.0512% | 4h | 189.62 | −0.182% | $425K | $281K | 20x | as long as short |
| Aster EWYUSDT | +0.0564% | 8h | 190.02 | +0.026% | $295K | $12K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0664% | 1h | 189.78 | −0.100% | $28K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0665% | 8h | 189.80 | −0.090% | $1.2M | $1.3M | — | as long as short |
| Binance EWYUSDTlong | +0.0694% | 8h | 189.97 | long leg | $28.6M | $79.8M | 50x | |
| Extended EWY_24_5-USD | +0.0696% | 1h | 189.94 | −0.017% | $299K | $390K | 10x | as long as short |
| MEXC EWY_USDT | +0.0697% | 8h | 189.92 | −0.026% | $7.5M | $4.4M | 100x | as long as short |
| BloFin EWY-USDT | +0.0702% | 8h | 189.99 | +0.010% | $47K | $214K | 50x | as long as short |
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Bitget EWYUSDT
tradeXYZ xyz:EWY
OKX EWY-USDT-SWAP
edgeX EWYUSDC
Aster EWYUSDT
Hotstuff EWY-PERP
Variational Omni EWY
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT