Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Gate−0.042%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.042%, 7d avg −0.074%
=Together, before fees+0.075%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.032% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 188.85 | 0 | get 0.0000% / 8h | 2h 10m | $3.2M | $2.7M | 50x |
| Short | Lighter EWY | 188.77 | 0.0032 | get 0.0004% / 1h | 10m 23s | $376K | $95K | 20x |
Gate EWY_USDT
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $6.72
- Price spread: −0.042% → −0.074%
- $3.18
- Slippage, 4 orders
- −$24.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$29.78
- Costs to cover
- 0.397%
- Break-even
- 38.0 days
Slippage from Gate: live order book, 3 min ago; Lighter: live order book, 4 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 Gate live order book, 3 min ago | 1.32 bp | 11.0 bp −$11 | 26.9 bp −$269 | 46.4 bp −$4,637 | 81.1 bp −$40.5K |
| Sell Lighter live order book, 4 min ago | 2.91 bp | 9.0 bp −$9 | 21.8 bp −$218 | 55.8 bp −$5,581 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0208% | 1h | 188.88 | +0.016% | $28K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.99 | +0.074% | $5.6M | $3.5M | 100x | as long as short |
| Gate EWY_USDTlong | 0.0000% | 8h | 188.85 | long leg | $3.2M | $2.7M | 50x | |
| SunX EWY-USDT | 0.0000% | 8h | 188.59 | −0.138% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.93 | +0.042% | $1.7M | $37K | 10x | as long as short |
| HTX EWY-USDT | +0.0032% | 8h | 188.98 | +0.069% | $36K | $8K | 20x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 188.77 | −0.042% | $376K | $95K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.77 | −0.042% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.88 | +0.016% | $193K | $139K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.82 | −0.016% | $6.4M | $14.9M | 20x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
HTX EWY-USDT
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz: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 | 188.74 | −0.058% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.92 | +0.037% | $776 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.79 | −0.032% | $221K | $181K | 10x | as long as short |
| Entropy io:EWY | +0.0094% | 1h | 188.79 | −0.032% | $49K | $36K | 25x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.86 | +0.005% | $958K | $727K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.71 | −0.074% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.90 | +0.026% | $2K | $1K | 20x | as long as short |
| Bitget EWYUSDT | +0.0103% | 8h | 188.88 | +0.016% | $2.5M | $1.4M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 188.92 | +0.037% | $524K | $331K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0131% | 8h | 189.04 | +0.098% | $23 | — | 5x | as long as short |
| OKX EWY-USDT-SWAP | +0.0153% | 8h | 188.98 | +0.069% | $4.0M | $4.0M | 50x | as long as short |
| Aster EWYUSDT | +0.0272% | 8h | 188.75 | −0.054% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0313% | 8h | 188.93 | +0.044% | $1.4M | $890K | — | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0333% | 1h | 188.94 | +0.048% | $2K | $13K | 20x | as long as short |
| BloFin EWY-USDT | +0.0338% | 8h | 188.93 | +0.042% | $47K | $214K | 50x | as long as short |
| MEXC EWY_USDT | +0.0358% | 8h | 188.88 | +0.016% | $7.5M | $4.6M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0360% | 1h | 188.86 | +0.004% | $304K | $410K | 10x | as long as short |
| Binance EWYUSDT | +0.0362% | 8h | 188.88 | +0.016% | $28.3M | $79.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0477% | 8h | 188.95 | +0.054% | $748K | $416K | 10x | as long as short |
| edgeX EWYUSDC | +0.0584% | 4h | 188.93 | +0.040% | $423K | $275K | 20x | as long as short |
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Entropy io:EWY
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Bitget EWYUSDT
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Deribit EWY_USDC-PERPETUAL
BloFin EWY-USDT
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
GRVT EWY_USDT_Perp
edgeX EWYUSDC