Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.025%
Price spread now: OKX against Lighter+0.096%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.096%, 7d avg +0.061%
=Together, before fees+0.034%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.035% dearer against Lighter than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of +0.061%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 186.81 | 0.0032 | pay 0.0004% / 1h | 36m 24s | $379K | $40K | 20x |
| Short | OKX EWY-USDT-SWAP | 186.99 | 0 | get 0.0000% / 8h | 36m 24s | $4.1M | $4.7M | 50x |
Lighter EWY
OKX EWY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$6.72
- Price spread: +0.096% → +0.061%
- $3.55
- Slippage, 4 orders
- −$15.04
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$28.21
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 58 min ago; OKX: live order book, 1 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, 58 min ago | 3.20 bp | 4.3 bp −$4 | 10.9 bp −$109 | 46.5 bp −$4,652 | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.27 bp | 7.8 bp −$8 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0426% | 8h | 187.14 | +0.177% | $2.8M | $2.5M | 20x | as long as short |
| BloFin EWY-USDT | −0.0004% | 8h | 187.06 | +0.134% | $48K | $217K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.09 | +0.149% | $290K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.04 | +0.122% | $238K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.07 | +0.139% | $27.2M | $82.8M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.08 | +0.145% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAPshort | 0.0000% | 8h | 186.99 | +0.096% | $4.1M | $4.7M | 50x | |
| Hotstuff EWY-PERP | 0.0000% | 1h | 186.90 | +0.048% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.08 | +0.145% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.06 | +0.134% | $8.5M | $4.4M | 100x | as long as short |
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
Hotstuff EWY-PERP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 187.26 | +0.240% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.15 | +0.182% | $740K | $416K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.88 | +0.037% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.17 | +0.193% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.05 | +0.128% | $1.7M | $37K | 10x | as long as short |
| Vest EWY-USD-PERP | 0.0000% | 1h | 186.67 | −0.075% | — | $220K | 25x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 186.81 | long leg | $379K | $40K | 20x | |
| Popdex EWYUSDT | +0.0048% | 1h | 187.06 | +0.134% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.95 | +0.075% | $6.2M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.92 | +0.059% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.88 | +0.037% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.00 | +0.102% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.87 | +0.032% | $223K | $332K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 187.06 | +0.134% | $519K | $246K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.00 | +0.104% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.92 | +0.059% | $962K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.33 | +0.278% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.06 | +0.134% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0446% | 1h | 186.97 | +0.086% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0509% | 4h | 187.13 | +0.171% | $420K | $285K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC