Funding you earn now, next payment 08:00 UTC−0.0936%/8h= −102.5% APRnext payment −$1.17 per $10,000 · paid last 24h −0.540%
Price spread now: Hotstuff against Lighter−0.016%7-day average — · you buy dearer than you sell
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 · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$28 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 | 186.61 | 0.0032 | pay 0.0004% / 1h | 22m 30s | $378K | $40K | 20x |
| Short | Hotstuff EWY-PERP | 186.58 | −0.0904 | pay 0.0113% / 1h | 22m 30s | $28K | $12K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$196.56
- Price spread: −0.016% → 0.000%
- −$1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$203.17
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 7 min ago; Hotstuff: 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, 7 min ago | 2.41 bp | 4.9 bp −$5 | 15.6 bp −$156 | 47.6 bp −$4,764 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERPshort | −0.0904% | 1h | 186.58 | −0.016% | $28K | $12K | 20x | |
| Bitget EWYUSDT | −0.0520% | 8h | 186.81 | +0.107% | $2.9M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0012% | 1h | 186.24 | −0.198% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.73 | +0.067% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.69 | +0.042% | $237K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.74 | +0.070% | $27.1M | $83.0M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.78 | +0.091% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.62 | +0.005% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.76 | +0.080% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.72 | +0.059% | $8.5M | $4.4M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.57 | −0.021% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.54 | −0.037% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.51 | −0.054% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.67 | +0.032% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.71 | +0.054% | $1.7M | $37K | 10x | as long as short |
| edgeX EWYUSDC | +0.0022% | 4h | 186.58 | −0.018% | $418K | $288K | 20x | as long as short |
| BloFin EWY-USDT | +0.0026% | 8h | 186.68 | +0.038% | $48K | $217K | 50x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 186.61 | long leg | $378K | $40K | 20x | |
| Popdex EWYUSDT | +0.0048% | 1h | 186.74 | +0.070% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.58 | −0.016% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.54 | −0.038% | $142K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.56 | −0.027% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.56 | −0.027% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.45 | −0.086% | $224K | $326K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.43 | −0.096% | $517K | $253K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 186.70 | +0.048% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.53 | −0.043% | $961K | $602K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.59 | −0.011% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.61 | 0.000% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0179% | 1h | 186.60 | −0.005% | $2K | $14K | 20x | as long as short |
Lighter EWY
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
edgeX EWYUSDC
BloFin EWY-USDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL