Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.009%
Price spread now: Entropy against Lighter+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Entropy is 0.037% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 189.81 | 0.0032 | pay 0.0004% / 1h | 49m 04s | $384K | $39K | 20x |
| Short | Entropy io:EWY | 189.88 | 0.0050 | get 0.0006% / 1h | 49m 04s | $30K | $65K | 25x |
Lighter EWY
Entropy io:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $3.78
- Price spread: +0.037% → 0.000%
- $3.69
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$10.53
- Costs to cover
- 0.180%
- Break-even
- 26.5 days
Slippage unknown: Lighter: live order book, 61 min ago; Entropy: 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, 61 min ago | 2.63 bp | 3.1 bp −$3 | 11.9 bp −$119 | 51.2 bp −$5,123 | doesn't fit |
| Sell Entropy no order-book sample | — | — | — | — | — |
Entropy: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | 0.0000% | 8h | 189.98 | +0.088% | $295K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.87 | +0.032% | $5.1M | $4.2M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.85 | +0.021% | $4.1M | $3.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.85 | +0.021% | $4.2M | $3.8M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.85 | +0.021% | $2.7M | $2.0M | 20x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.04 | +0.123% | $752K | $396K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.81 | 0.000% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.87 | +0.032% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.08 | +0.142% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.84 | +0.016% | $1.7M | $37K | 10x | as long as short |
Aster EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Bitget EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | +0.0006% | 8h | 190.00 | +0.101% | $1.2M | $1.1M | — | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 189.81 | long leg | $384K | $39K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.05 | +0.126% | — | $220K | 25x | as long as short |
| Extended EWY_24_5-USD | +0.0048% | 1h | 189.87 | +0.029% | $301K | $669K | 10x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.93 | +0.063% | $198K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.83 | +0.011% | $530K | $293K | 20x | as long as short |
| Binance EWYUSDT | +0.0049% | 8h | 189.88 | +0.038% | $27.7M | $76.4M | 50x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.78 | −0.016% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 189.88 | +0.037% | $30K | $65K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.78 | −0.016% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.90 | +0.047% | $743 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.81 | 0.000% | $198K | $267K | 10x | as long as short |
| MEXC EWY_USDT | +0.0051% | 8h | 189.88 | +0.037% | $6.2M | $3.8M | 100x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 189.94 | +0.069% | $23 | — | 5x | as long as short |
| BloFin EWY-USDT | +0.0064% | 8h | 189.90 | +0.047% | $47K | $213K | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.86 | +0.026% | $978K | $613K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.06 | +0.132% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.90 | +0.047% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0144% | 1h | 189.88 | +0.037% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0307% | 4h | 190.03 | +0.115% | $426K | $284K | 20x | as long as short |
Variational Omni EWY
Vest EWY-USD-PERP
Extended EWY_24_5-USD
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
Binance EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
MEXC EWY_USDT
Paradex EWY-USD-PERP
BloFin EWY-USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
edgeX EWYUSDC