Funding you earn now, next payment 01:00 UTC−0.0279%/8h= −30.6% APRpaid last 24h −0.014%
Price spread now: Lighter against Bitget−0.068%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$340.345% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.068%, 7d avg −0.071%
=Together, before fees+0.046%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: −$8 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 0.041% in total (about 2.1% 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 | Bitget EWYUSDT | 190.31 | 0.0311 | pay 0.0311% / 8h | 7h 37m | $2.7M | $1.6M | 20x |
| Short | Lighter EWY | 190.18 | 0.0032 | get 0.0004% / 1h | 37m 14s | $379K | $54K | 20x |
Bitget EWYUSDT
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$58.59
- Price spread: −0.068% → −0.071%
- $0.26
- Slippage, 4 orders
- −$22.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$92.82
- Costs to cover
- 0.345%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 27 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 Bitget live order book, 5 min ago | 0.79 bp | 11.7 bp −$12 | 18.7 bp −$187 | 34.4 bp −$3,439 | doesn't fit |
| Sell Lighter live order book, 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.30 | −0.005% | $5.3M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.31 | 0.000% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.21 | −0.052% | $753K | $387K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.21 | −0.053% | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.17 | −0.074% | $26K | $28K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.20 | −0.058% | $1.7M | $37K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0013% | 1h | 190.33 | +0.011% | $2K | $13K | 20x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 190.18 | −0.068% | $379K | $54K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.44 | +0.068% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.28 | −0.016% | $196K | $142K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 190.08 | −0.121% | $52K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.14 | −0.089% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.26 | −0.026% | $795 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.14 | −0.089% | $241K | $231K | 10x | as long as short |
| tradeXYZ xyz:EWY | +0.0053% | 1h | 190.23 | −0.042% | $6.4M | $14.9M | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0092% | 8h | 190.29 | −0.013% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.09 | −0.116% | $980K | $672K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.28 | −0.016% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.31 | 0.000% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.77 | −0.284% | $530K | $338K | 20x | as long as short |
| Bitget EWYUSDTlong | +0.0311% | 8h | 190.31 | long leg | $2.7M | $1.6M | 20x | |
| OKX EWY-USDT-SWAP | +0.0319% | 8h | 190.31 | 0.000% | $4.1M | $3.6M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0344% | 1h | 190.24 | −0.037% | $29K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0527% | 8h | 190.34 | +0.017% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0635% | 8h | 190.04 | −0.144% | $1.2M | $1.3M | — | as long as short |
| Binance EWYUSDT | +0.0653% | 8h | 190.29 | −0.011% | $28.7M | $78.0M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0656% | 1h | 190.24 | −0.038% | $301K | $654K | 10x | as long as short |
| MEXC EWY_USDT | +0.0656% | 8h | 190.30 | −0.005% | $7.6M | $4.5M | 100x | as long as short |
| BloFin EWY-USDT | +0.0679% | 8h | 190.26 | −0.026% | $47K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0700% | 4h | 190.18 | −0.071% | $426K | $282K | 20x | as long as short |
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
tradeXYZ xyz:EWY
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
edgeX EWYUSDC