Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY186.610.0032pay 0.0004% / 1h22m 30s$378K$40K20x
ShortHotstuff EWY-PERP186.58−0.0904pay 0.0113% / 1h22m 30s$28K$12K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 7 min ago2.41 bp4.9 bp −$515.6 bp −$15647.6 bp −$4,764doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERPshort−0.0904%1h186.58−0.016%$28K$12K20x
Bitget EWYUSDT−0.0520%8h186.81+0.107%$2.9M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0012%1h186.24−0.198%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.73+0.067%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.69+0.042%$237K$912K10xas long as short
Binance EWYUSDT0.0000%8h186.74+0.070%$27.1M$83.0M50xas long as short
Bybit EWYUSDT0.0000%8h186.78+0.091%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.62+0.005%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.76+0.080%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h186.72+0.059%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.57−0.021%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.54−0.037%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.51−0.054%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.67+0.032%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.71+0.054%$1.7M$37K10xas long as short
edgeX EWYUSDC+0.0022%4h186.58−0.018%$418K$288K20xas long as short
BloFin EWY-USDT+0.0026%8h186.68+0.038%$48K$217K50xas long as short
Lighter EWYlong+0.0032%1h186.61long leg$378K$40K20x
Popdex EWYUSDT+0.0048%1h186.74+0.070%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.58−0.016%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.54−0.038%$142K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.56−0.027%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.56−0.027%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.45−0.086%$224K$326K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.43−0.096%$517K$253K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.70+0.048%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.53−0.043%$961K$602K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.59−0.011%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.610.000%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0179%1h186.60−0.005%$2K$14K20xas long as short