Funding you earn now, next payment 11:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.041%
Price spread now: Extended against Lighter+0.035%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$160.158% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.035%, 7d avg +0.040%
=Together, before fees+0.078%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: +$5 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 | 189.01 | 0.0032 | pay 0.0004% / 1h | 52m 56s | $383K | $44K | 20x |
| Short | Extended EWY_24_5-USD | 189.08 | 0.0192 | get 0.0024% / 1h | 52m 56s | $250K | $931K | 10x |
Lighter EWY
Extended EWY_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $33.6
- Price spread: +0.035% → +0.040%
- −$0.52
- Slippage, 4 orders
- −$10.78
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $17.29
- Costs to cover
- 0.158%
- Break-even
- 3.4 days
Slippage from Lighter: live order book, 53 min ago; Extended: live order book, 58 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, 53 min ago | 1.87 bp | 2.9 bp −$3 | 12.4 bp −$124 | 47.0 bp −$4,695 | doesn't fit |
| Sell Extended live order book, 58 min ago | 0.03 bp | 2.9 bp −$3 | 6.9 bp −$69 | doesn't fit | doesn't fit |
EWY on 30 exchanges
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 | −7.2752% | 1h | 187.39 | −0.857% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.16 | +0.079% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.15 | +0.074% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.16 | +0.079% | $3.1M | $3.1M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.79 | −0.116% | — | $1.7M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.11 | +0.053% | $3K | $13K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.10 | +0.048% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 189.01 | long leg | $383K | $44K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.23 | +0.116% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.07 | +0.032% | $201K | $166K | 20x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Phemex EWYUSDT
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.07 | +0.032% | $5.9M | $15.5M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.89 | −0.063% | $143K | $118K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.26 | +0.132% | $4K | $6K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.12 | +0.058% | $775 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.80 | −0.111% | $226K | $314K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 189.20 | +0.103% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0088% | 1h | 188.77 | −0.127% | $524K | $249K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.98 | −0.016% | $971K | $696K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.11 | +0.053% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.13 | +0.063% | $2K | $1K | 20x | as long as short |
| Aster EWYUSDT | +0.0106% | 8h | 189.04 | +0.017% | $293K | $14K | 20x | as long as short |
| Gate EWY_USDT | +0.0108% | 8h | 189.22 | +0.111% | $4.0M | $4.7M | 50x | as long as short |
| Variational Omni EWY | +0.0151% | 8h | 188.93 | −0.044% | $1.1M | $940K | — | as long as short |
| edgeX EWYUSDC | +0.0181% | 4h | 188.76 | −0.130% | $423K | $288K | 20x | as long as short |
| MEXC EWY_USDT | +0.0191% | 8h | 189.14 | +0.069% | $7.3M | $4.3M | 100x | as long as short |
| Extended EWY_24_5-USDshort | +0.0192% | 1h | 189.08 | +0.035% | $250K | $931K | 10x | |
| Binance EWYUSDT | +0.0196% | 8h | 189.14 | +0.066% | $26.3M | $86.5M | 50x | as long as short |
| BloFin EWY-USDT | +0.0212% | 8h | 189.13 | +0.063% | $48K | $236K | 50x | as long as short |
| HTX EWY-USDT | +0.0363% | 8h | 189.00 | −0.005% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0878% | 8h | 189.09 | +0.044% | $741K | $408K | 10x | as long as short |
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Aster EWYUSDT
Gate EWY_USDT
Variational Omni EWY
edgeX EWYUSDC
MEXC EWY_USDT
Binance EWYUSDT
BloFin EWY-USDT
HTX EWY-USDT
GRVT EWY_USDT_Perp