Funding you earn now, next payment 04:00 UTC−0.0884%/8h= −96.8% APRpaid last 24h −0.183%
Price spread now: Lighter against edgeX−0.049%79s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.302% of the position
Funding, last 7 days−0.965%−$96 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.049%, 7d avg −0.055%
=Together, before fees−0.992%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$99 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$27 a day on $10k at the current rate. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EWYUSDC | 190.70 | 0.0916 | pay 0.0458% / 4h | 17m 51s | $428K | $284K | 20x |
| Short | Lighter EWY | 190.61 | 0.0032 | get 0.0004% / 1h | 17m 51s | $386K | $39K | 20x |
edgeX EWYUSDC
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$185.71
- Price spread: −0.049% → −0.055%
- $0.58
- Slippage, 4 orders
- −$21.21
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$215.33
- Costs to cover
- 0.302%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 41 min ago; Lighter: live order book, 32 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 edgeX live order book, 41 min ago | 5.25 bp | 10.1 bp −$10 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 32 min ago | 2.63 bp | 6.6 bp −$7 | 11.0 bp −$110 | 43.2 bp −$4,319 | 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 | 190.74 | +0.019% | $5.2M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.74 | +0.019% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.77 | +0.034% | $754K | $394K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.73 | +0.014% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.65 | −0.028% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.97 | +0.140% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.72 | +0.009% | $1.7M | $37K | 10x | as long as short |
| OKX EWY-USDT-SWAP | +0.0029% | 8h | 190.75 | +0.025% | $4.1M | $3.3M | 50x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 190.61 | −0.049% | $386K | $39K | 20x | |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 190.57 | −0.070% | $531K | $300K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
OKX EWY-USDT-SWAP
Coinbase International EWY-PERP-INTXShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | +0.0041% | 8h | 190.74 | +0.018% | $296K | $12K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.97 | +0.140% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.76 | +0.030% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.63 | −0.038% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.72 | +0.009% | $30K | $67K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.54 | −0.085% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.73 | +0.014% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.80 | +0.051% | $201K | $266K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 190.73 | +0.014% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0064% | 8h | 190.73 | +0.014% | $2.7M | $2.0M | 20x | as long as short |
| Variational Omni EWY | +0.0083% | 8h | 190.94 | +0.124% | $1.2M | $1.1M | — | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.67 | −0.017% | $983K | $622K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.95 | +0.130% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.69 | −0.007% | $2K | $1K | 20x | as long as short |
| Extended EWY_24_5-USD | +0.0112% | 1h | 190.66 | −0.023% | $301K | $669K | 10x | as long as short |
| Binance EWYUSDT | +0.0113% | 8h | 190.70 | −0.002% | $28.2M | $76.4M | 50x | as long as short |
| MEXC EWY_USDT | +0.0119% | 8h | 190.70 | −0.002% | $6.5M | $3.9M | 100x | as long as short |
| BloFin EWY-USDT | +0.0140% | 8h | 190.79 | +0.046% | $48K | $214K | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0328% | 1h | 190.68 | −0.012% | $29K | $12K | 20x | as long as short |
| edgeX EWYUSDClong | +0.0916% | 4h | 190.70 | long leg | $428K | $284K | 20x |
Aster EWYUSDT
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Bitget EWYUSDT
Variational Omni EWY
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
BloFin EWY-USDT
Hotstuff EWY-PERP