EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.036%

Price spread now: Deribit against Lighter+0.069%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.069% dearer against Lighter than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter EWY	188.75	0.0032	pay 0.0004% / 1h	1m 20s	$375K	$95K	20x
Short	Deribit EWY_USDC-PERPETUAL	188.88	0	get 0.0000% / 1h	1m 20s	$2K	$13K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee LighterbpFee DeribitbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$6.72
Price spread: +0.069% → 0.000%: $6.89
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$6.83
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 13 min ago; Deribit: no order-book sample. Net counts fees only.

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, 13 min ago	2.91 bp	5.5 bp −$5	15.0 bp −$150	48.3 bp −$4,829	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	188.89	+0.074%	$5.6M	$3.5M	100x	as long as short
Gate EWY_USDT	0.0000%	8h	188.85	+0.053%	$3.2M	$2.8M	50x	as long as short
SunX EWY-USDT	0.0000%	8h	188.49	−0.138%	—	$2.7M	20x	as long as short
Deribit EWY_USDC-PERPETUALshort	0.0000%	1h	188.88	+0.069%	$2K	$13K	20x
Phemex EWYUSDT	0.0000%	8h	188.85	+0.053%	$1.7M	$37K	10x	as long as short
Lighter EWYlong	+0.0032%	1h	188.75	long leg	$375K	$95K	20x
Vest EWY-USD-PERP	+0.0046%	1h	188.80	+0.026%	—	$217K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	188.86	+0.058%	$193K	$139K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	188.78	+0.016%	$6.4M	$14.9M	20x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	188.68	−0.037%	$4K	$38	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX EWY-USD	+0.0050%	1h	188.82	+0.037%	$775	$3K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	188.65	−0.053%	$221K	$181K	10x	as long as short
HTX EWY-USDT	+0.0064%	8h	188.90	+0.079%	$36K	$8K	20x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	188.80	+0.026%	$958K	$724K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	188.82	+0.037%	$13K	$263K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	188.85	+0.053%	$2K	$1K	20x	as long as short
Entropy io:EWY	+0.0103%	1h	188.79	+0.021%	$49K	$36K	25x	as long as short
Bitget EWYUSDT	+0.0111%	8h	188.89	+0.074%	$2.5M	$1.4M	20x	as long as short
Paradex EWY-USD-PERP	+0.0116%	8h	188.98	+0.122%	$23	—	5x	as long as short
Coinbase International EWY-PERP-INTX	+0.0128%	1h	188.92	+0.090%	$524K	$327K	20x	as long as short
OKX EWY-USDT-SWAP	+0.0164%	8h	188.91	+0.085%	$4.0M	$4.0M	50x	as long as short
Aster EWYUSDT	+0.0309%	8h	188.68	−0.035%	$293K	$12K	20x	as long as short
Hotstuff EWY-PERP	+0.0328%	1h	188.78	+0.016%	$28K	$12K	20x	as long as short
Variational Omni EWY	+0.0342%	8h	188.87	+0.062%	$1.4M	$890K	—	as long as short
BloFin EWY-USDT	+0.0365%	8h	188.85	+0.053%	$47K	$213K	50x	as long as short
MEXC EWY_USDT	+0.0394%	8h	188.85	+0.053%	$7.5M	$4.6M	100x	as long as short
Extended EWY_24_5-USD	+0.0400%	1h	188.83	+0.040%	$304K	$410K	10x	as long as short
Binance EWYUSDT	+0.0402%	8h	188.85	+0.054%	$28.3M	$79.6M	50x	as long as short
GRVT EWY_USDT_Perp	+0.0510%	8h	188.82	+0.038%	$747K	$410K	10x	as long as short
edgeX EWYUSDC	+0.0794%	4h	188.83	+0.041%	$423K	$275K	20x	as long as short