Funding you earn now, next payment 03:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h +0.014%
Price spread now: Bitget against Lighter+0.053%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.053%, 7d avg +0.070%
=Together, before fees−0.093%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.070%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 190.27 | 0.0032 | pay 0.0004% / 1h | 32m 43s | $386K | $39K | 20x |
| Short | Bitget EWYUSDT | 190.37 | 0.0077 | get 0.0077% / 8h | 5h 32m | $2.7M | $1.9M | 20x |
Lighter EWY
Bitget EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $9.45
- Price spread: +0.053% → +0.070%
- −$1.76
- Slippage, 4 orders
- −$17.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$21.67
- Costs to cover
- 0.294%
- Break-even
- 23.0 days
Slippage from Lighter: live order book, 22 min ago; Bitget: live order book, 5 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, 22 min ago | 1.84 bp | 4.0 bp −$4 | 16.4 bp −$164 | 50.2 bp −$5,025 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.79 bp | 9.1 bp −$9 | 15.8 bp −$158 | 33.5 bp −$3,355 | 68.9 bp −$34.4K |
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 | −0.0264% | 1h | 190.29 | +0.011% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.43 | +0.084% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.36 | +0.047% | $4.1M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.35 | +0.041% | $752K | $390K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.39 | +0.063% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.32 | +0.026% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.19 | −0.042% | $530K | $313K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.44 | +0.089% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.42 | +0.079% | $1.7M | $38K | 10x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 190.27 | long leg | $386K | $39K | 20x |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.48 | +0.110% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.33 | +0.032% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.27 | 0.000% | $6.1M | $13.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.21 | −0.032% | $51K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.26 | −0.005% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.42 | +0.079% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.24 | −0.016% | $199K | $276K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0057% | 8h | 190.40 | +0.067% | $23 | — | 5x | as long as short |
| Bitget EWYUSDTshort | +0.0077% | 8h | 190.37 | +0.053% | $2.7M | $1.9M | 20x | |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.33 | +0.032% | $981K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.38 | +0.058% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.42 | +0.079% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0120% | 8h | 190.45 | +0.095% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0221% | 8h | 190.41 | +0.071% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0274% | 8h | 190.40 | +0.067% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0278% | 8h | 190.44 | +0.089% | $48K | $214K | 50x | as long as short |
| Binance EWYUSDT | +0.0296% | 8h | 190.39 | +0.064% | $28.4M | $77.0M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0296% | 1h | 190.33 | +0.032% | $302K | $665K | 10x | as long as short |
| MEXC EWY_USDT | +0.0297% | 8h | 190.34 | +0.037% | $6.5M | $4.2M | 100x | as long as short |
| edgeX EWYUSDC | +0.0476% | 4h | 190.30 | +0.018% | $426K | $283K | 20x | as long as short |
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
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
edgeX EWYUSDC