Funding you earn now, next payment 03:00 UTC+0.0542%/8h= +59.4% APRpaid last 24h +0.183%
Price spread now: edgeX against Lighter+0.005%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs+$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days+0.965%+$96 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.005%, 7d avg +0.055%
=Together, before fees+1.059%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$106 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.050% cheaper against Lighter than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.055%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 190.33 | 0.0032 | pay 0.0004% / 1h | 4m 50s | $386K | $39K | 20x |
| Short | edgeX EWYUSDC | 190.34 | 0.0574 | get 0.0287% / 4h | 1h 04m | $427K | $283K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $113.91
- Price spread: +0.005% → +0.055%
- −$5.04
- Slippage, 4 orders
- −$22.41
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $77.46
- Costs to cover
- 0.314%
- Break-even
- 2.2 days
Slippage from Lighter: live order book, 50 min ago; edgeX: live order book, 59 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, 50 min ago | 1.84 bp | 4.0 bp −$4 | 16.4 bp −$164 | 50.2 bp −$5,025 | doesn't fit |
| Sell edgeX live order book, 59 min ago | 5.26 bp | 10.1 bp −$10 | 14.1 bp −$141 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.53 | +0.105% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.48 | +0.079% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.32 | −0.005% | $752K | $393K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.35 | +0.011% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.38 | +0.026% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.39 | +0.032% | $531K | $313K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.43 | +0.053% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.44 | +0.058% | $1.7M | $38K | 10x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 190.33 | long leg | $386K | $39K | 20x | |
| Hotstuff EWY-PERP | +0.0040% | 1h | 190.32 | −0.005% | $29K | $12K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.55 | +0.116% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.47 | +0.074% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.39 | +0.032% | $6.1M | $13.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.28 | −0.026% | $51K | $56K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.30 | −0.016% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.44 | +0.058% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.22 | −0.058% | $201K | $267K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 190.47 | +0.076% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0065% | 8h | 190.45 | +0.063% | $2.7M | $2.0M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0098% | 8h | 190.48 | +0.079% | $4.1M | $3.5M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.38 | +0.026% | $982K | $628K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.27 | −0.032% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.44 | +0.058% | $2K | $1K | 20x | as long as short |
| Aster EWYUSDT | +0.0152% | 8h | 190.42 | +0.050% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0191% | 8h | 190.35 | +0.009% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0202% | 8h | 190.47 | +0.074% | $48K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0224% | 1h | 190.41 | +0.043% | $302K | $665K | 10x | as long as short |
| Binance EWYUSDT | +0.0227% | 8h | 190.46 | +0.067% | $28.5M | $76.9M | 50x | as long as short |
| MEXC EWY_USDT | +0.0229% | 8h | 190.45 | +0.063% | $6.5M | $4.2M | 100x | as long as short |
| edgeX EWYUSDCshort | +0.0574% | 4h | 190.34 | +0.005% | $427K | $283K | 20x |
Lighter EWY
edgeX EWYUSDC
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 EWYUSDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Bitget EWYUSDT
OKX EWY-USDT-SWAP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT