Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter+0.011%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$356as in the Price arb table
costs, in and out, $10k−$3563.559% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.011%, 7d avg +0.013%
=Together, before fees+0.156%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$2 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 | 189.74 | 0.0032 | pay 0.0004% / 1h | 14m 49s | $377K | $62K | 20x |
| Short | KuCoin EWYUSDTM | 189.76 | 0.0100 | get 0.0100% / 8h | 14m 49s | $967K | $687K | 20x |
Lighter EWY
KuCoin EWYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: +0.011% → +0.013%
- −$0.2
- Slippage, 4 orders
- −$343.93
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$341.85
- Costs to cover
- 3.559%
- Break-even
- 174.6 days
Slippage from Lighter: live order book, 55 min ago; KuCoin: live order book, 55 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, 55 min ago | 4.23 bp | 6.7 bp −$7 | 16.8 bp −$168 | 48.8 bp −$4,878 | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 3.44 bp | 182.8 bp −$183 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.79 | +0.026% | $3.6M | $3.1M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.52 | −0.116% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.84 | +0.053% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 189.74 | long leg | $377K | $62K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.92 | +0.095% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.83 | +0.047% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.73 | −0.005% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.70 | −0.021% | $4K | $81 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.83 | +0.047% | $775 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.65 | −0.047% | $243K | $199K | 10x | as long as short |
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.PShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 189.76 | +0.011% | $967K | $687K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.88 | +0.074% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.82 | +0.042% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0135% | 8h | 189.98 | +0.125% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.88 | +0.074% | $527K | $341K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0146% | 1h | 189.73 | −0.005% | $6.7M | $14.7M | 20x | as long as short |
| Bybit EWYUSDT | +0.0170% | 8h | 189.83 | +0.047% | $5.3M | $4.2M | 100x | as long as short |
| Bitget EWYUSDT | +0.0224% | 8h | 189.79 | +0.026% | $2.6M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0225% | 8h | 189.99 | +0.132% | $36K | $8K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0288% | 1h | 189.78 | +0.021% | $28K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0326% | 8h | 189.88 | +0.074% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0330% | 1h | 189.88 | +0.074% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0564% | 8h | 189.68 | −0.034% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0661% | 8h | 189.82 | +0.041% | $1.5M | $972K | — | as long as short |
| GRVT EWY_USDT_Perp | +0.0661% | 8h | 189.90 | +0.086% | $751K | $395K | 10x | as long as short |
| BloFin EWY-USDT | +0.0674% | 8h | 189.83 | +0.047% | $47K | $214K | 50x | as long as short |
| MEXC EWY_USDT | +0.0691% | 8h | 189.75 | +0.005% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0692% | 8h | 189.76 | +0.011% | $28.6M | $79.1M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0696% | 1h | 189.72 | −0.008% | $298K | $396K | 10x | as long as short |
| edgeX EWYUSDC | +0.0771% | 4h | 189.89 | +0.077% | $425K | $276K | 20x | as long as short |
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Bybit EWYUSDT
Bitget EWYUSDT
HTX EWY-USDT
Hotstuff EWY-PERP
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_Perp
BloFin EWY-USDT
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
edgeX EWYUSDC