Funding you earn now, next payment 23:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.14 per $10,000 · paid last 24h −0.016%
Price spread now: Lighter against Coinbase International+0.016%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 3 days (all we have)+0.001%$0 · spread now +0.016%, 7d avg +0.011%
=Together, before fees−0.071%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 189.56 | 0.0144 | pay 0.0018% / 1h | 22m 20s | $527K | $339K | 20x |
| Short | Lighter EWY | 189.59 | 0.0032 | get 0.0004% / 1h | 22m 20s | $377K | $62K | 20x |
Coinbase International EWY-PERP-INTX
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- −$23.52
- Price spread: +0.016% → +0.011%
- $0.53
- Slippage, 4 orders
- −$23.91
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$56.89
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 56 min ago; Lighter: live order book, 47 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 Coinbase International live order book, 56 min ago | 2.38 bp | 8.0 bp −$8 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 47 min ago | 4.23 bp | 10.2 bp −$10 | 16.5 bp −$165 | 50.5 bp −$5,054 | 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 | 189.73 | +0.090% | $3.3M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.46 | −0.053% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.66 | +0.053% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 189.59 | +0.016% | $377K | $62K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.78 | +0.116% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.75 | +0.100% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.58 | +0.011% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.59 | +0.016% | $4K | $81 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.65 | +0.047% | $777 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.43 | −0.069% | $243K | $206K | 10x | as long as short |
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.PShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.63 | +0.037% | $966K | $692K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.63 | +0.037% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.72 | +0.084% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0140% | 8h | 189.73 | +0.090% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0144% | 1h | 189.56 | long leg | $527K | $339K | 20x | |
| Bybit EWYUSDT | +0.0163% | 8h | 189.83 | +0.142% | $5.3M | $4.2M | 100x | as long as short |
| tradeXYZ xyz:EWY | +0.0164% | 1h | 189.73 | +0.090% | $6.7M | $14.7M | 20x | as long as short |
| HTX EWY-USDT | +0.0216% | 8h | 189.65 | +0.047% | $36K | $8K | 20x | as long as short |
| Bitget EWYUSDT | +0.0216% | 8h | 189.82 | +0.137% | $2.6M | $1.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0277% | 1h | 189.81 | +0.132% | $2K | $13K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0317% | 8h | 189.80 | +0.127% | $4.0M | $4.1M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0376% | 1h | 189.63 | +0.037% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0550% | 8h | 189.62 | +0.031% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0641% | 8h | 189.61 | +0.028% | $1.5M | $983K | — | as long as short |
| BloFin EWY-USDT | +0.0654% | 8h | 189.66 | +0.053% | $47K | $214K | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0656% | 8h | 189.61 | +0.028% | $750K | $394K | 10x | as long as short |
| Extended EWY_24_5-USD | +0.0672% | 1h | 189.65 | +0.045% | $298K | $396K | 10x | as long as short |
| MEXC EWY_USDT | +0.0674% | 8h | 189.68 | +0.063% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0676% | 8h | 189.76 | +0.105% | $28.5M | $79.8M | 50x | as long as short |
| edgeX EWYUSDC | +0.0981% | 4h | 189.61 | +0.029% | $425K | $274K | 20x | as long as short |
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Bybit EWYUSDT
tradeXYZ xyz:EWY
HTX EWY-USDT
Bitget EWYUSDT
Deribit EWY_USDC-PERPETUAL
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
GRVT EWY_USDT_Perp
Extended EWY_24_5-USD
MEXC EWY_USDT
Binance EWYUSDT
edgeX EWYUSDC