Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h +0.047%
Price spread now: Aster against Lighter+0.068%7-day average +0.063% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.068%, 7d avg +0.063%
Together, before fees+0.113%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$6 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 0.049% in total (about 2.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY190.300.0032pay 0.0004% / 1h33m 37s$386K$39K20x
ShortAster EWYUSDT190.430.0224get 0.0224% / 8h5h 33m$295K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$40.37
Price spread: +0.068% → +0.063%
$0.57
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$32.94
Costs to cover
0.080%
Break-even
1.3 days
Slippage unknown: Lighter: live order book, 21 min ago; Aster: live order book, 28 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 21 min ago1.84 bp4.0 bp −$416.4 bp −$16450.2 bp −$5,025doesn't fit
Sell Aster live order book, 28 min ago2.37 bp9.0 bp −$910.2 bp −$102doesn't fitdoesn't fit

EWY on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−0.0264%1h190.27−0.016%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.45+0.079%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.43+0.068%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.35+0.026%$752K$390K10xas long as short
SunX EWY-USDT0.0000%8h190.33+0.016%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.33+0.016%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.19−0.058%$530K$313K20xas long as short
HTX EWY-USDT0.0000%8h190.44+0.074%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.41+0.058%$1.7M$38K10xas long as short
Lighter EWYlong+0.0032%1h190.30long leg$386K$39K20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.48+0.095%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.42+0.063%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.29−0.005%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.22−0.042%$51K$58K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.22−0.042%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.39+0.047%$747$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.24−0.032%$199K$276K10xas long as short
Paradex EWY-USD-PERP+0.0057%8h190.40+0.051%$235xas long as short
Bitget EWYUSDT+0.0075%8h190.43+0.068%$2.7M$1.9M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.35+0.026%$981K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.38+0.042%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.39+0.047%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0120%8h190.46+0.084%$4.1M$3.5M50xas long as short
Aster EWYUSDTshort+0.0224%8h190.43+0.068%$295K$12K20x
Variational Omni EWY+0.0274%8h190.40+0.051%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0286%8h190.35+0.026%$48K$214K50xas long as short
Binance EWYUSDT+0.0298%8h190.41+0.058%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0301%8h190.39+0.047%$6.5M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0304%1h190.35+0.026%$302K$665K10xas long as short
edgeX EWYUSDC+0.0476%4h190.30+0.002%$426K$283K20xas long as short