Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.061%
Price spread now: Binance against Lighter+0.086%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$210.207% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.086%, 7d avg +0.078%
=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 +0.078%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.098%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 187.18 | 0.0032 | pay 0.0004% / 1h | 54m 42s | $380K | $41K | 20x |
| Short | Binance EWYUSDT | 187.34 | 0 | get 0.0000% / 8h | 6h 54m | $26.8M | $82.6M | 50x |
Lighter EWY
Binance EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: +0.086% → +0.078%
- $0.77
- Slippage, 4 orders
- −$10.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.69
- Costs to cover
- 0.207%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 30 min ago; Binance: live order book, 3 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 Lighter live order book, 30 min ago | 2.16 bp | 4.3 bp −$4 | 10.4 bp −$104 | 43.9 bp −$4,387 | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.27 bp | 5.5 bp −$5 | 7.1 bp −$71 | 20.8 bp −$2,080 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0312% | 8h | 187.38 | +0.107% | $3.1M | $2.8M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0008% | 1h | 187.11 | −0.037% | $28K | $16K | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.04 | −0.075% | $290K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.26 | +0.041% | $241K | $901K | 10x | as long as short |
| Binance EWYUSDTshort | 0.0000% | 8h | 187.34 | +0.086% | $26.8M | $82.6M | 50x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.30 | +0.064% | $4.0M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.38 | +0.107% | $4.0M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.31 | +0.069% | $7.5M | $4.1M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.63 | +0.240% | $1.2M | $909K | — | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.02 | −0.085% | — | $2.1M | 20x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
SunX EWY-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.19 | +0.005% | $3K | $15K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.77 | +0.315% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.27 | +0.048% | $1.7M | $36K | 10x | as long as short |
| BloFin EWY-USDT | +0.0027% | 8h | 187.24 | +0.032% | $48K | $223K | 50x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 187.18 | long leg | $380K | $41K | 20x | |
| Entropy io:EWY | +0.0036% | 1h | 187.22 | +0.021% | $142K | $119K | 25x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.49 | +0.166% | — | $215K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.37 | +0.102% | $197K | $151K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.19 | +0.005% | $5.8M | $15.1M | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.28 | +0.053% | $4K | $5K | 20x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.33 | +0.080% | $234K | $312K | 10x | as long as short |
| GRVT EWY_USDT_Perp | +0.0058% | 8h | 187.74 | +0.297% | $736K | $414K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 187.31 | +0.071% | $22 | — | 5x | as long as short |
| Bybit EWYUSDT | +0.0099% | 8h | 187.31 | +0.069% | $5.0M | $4.6M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.10 | −0.043% | $963K | $649K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.21 | +0.016% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.27 | +0.048% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 187.39 | +0.112% | $520K | $238K | 20x | as long as short |
| SoDEX EWY-USD | +0.0270% | 1h | 187.28 | +0.053% | $759 | $3K | 10x | as long as short |
| edgeX EWYUSDC | +0.0993% | 4h | 187.56 | +0.204% | $421K | $285K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Entropy io:EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
Ondo Perps EWY-USD.P
GRVT EWY_USDT_Perp
Paradex EWY-USD-PERP
Bybit EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
SoDEX EWY-USD
edgeX EWYUSDC