Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.019%
Price spread now: Ondo Perps against Lighter−0.042%7-day average −0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.042%, 7d avg −0.026%
=Together, before fees+0.058%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$1 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 | 189.81 | 0.0032 | pay 0.0004% / 1h | 18m 10s | $377K | $62K | 20x |
| Short | Ondo Perps EWY-USD.P | 189.73 | 0.0050 | get 0.0006% / 1h | 18m 10s | $243K | $207K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $3.86
- Price spread: −0.042% → −0.026%
- −$1.62
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$2.76
- Costs to cover
- 0.050%
- Break-even
- 12.0 days
Slippage unknown: Lighter: live order book, 52 min ago; Ondo Perps: 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, 52 min ago | 4.23 bp | 6.7 bp −$7 | 16.8 bp −$168 | 48.8 bp −$4,878 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.91 | +0.053% | $3.6M | $3.0M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.55 | −0.137% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.92 | +0.058% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 189.81 | long leg | $377K | $62K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.90 | +0.047% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.93 | +0.063% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.70 | −0.058% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.76 | −0.026% | $4K | $81 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.90 | +0.047% | $778 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.Pshort | +0.0050% | 1h | 189.73 | −0.042% | $243K | $207K | 10x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.69 | −0.063% | $966K | $689K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.68 | −0.068% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.86 | +0.026% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0136% | 8h | 189.99 | +0.095% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.79 | −0.011% | $528K | $341K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0152% | 1h | 189.83 | +0.011% | $28K | $12K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0154% | 1h | 189.88 | +0.037% | $6.7M | $14.7M | 20x | as long as short |
| Bybit EWYUSDT | +0.0169% | 8h | 189.98 | +0.090% | $5.3M | $4.2M | 100x | as long as short |
| HTX EWY-USDT | +0.0221% | 8h | 189.99 | +0.095% | $36K | $8K | 20x | as long as short |
| Bitget EWYUSDT | +0.0222% | 8h | 189.98 | +0.090% | $2.6M | $1.6M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0323% | 8h | 190.00 | +0.100% | $4.0M | $4.1M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0488% | 1h | 189.96 | +0.079% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0557% | 8h | 189.75 | −0.032% | $294K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0600% | 4h | 189.62 | −0.098% | $425K | $275K | 20x | as long as short |
| Variational Omni EWY | +0.0645% | 8h | 189.77 | −0.021% | $1.5M | $991K | — | as long as short |
| GRVT EWY_USDT_Perp | +0.0653% | 8h | 189.68 | −0.070% | $750K | $395K | 10x | as long as short |
| BloFin EWY-USDT | +0.0676% | 8h | 189.86 | +0.026% | $47K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0680% | 1h | 189.90 | +0.049% | $298K | $396K | 10x | as long as short |
| MEXC EWY_USDT | +0.0680% | 8h | 189.91 | +0.053% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0683% | 8h | 189.92 | +0.058% | $28.6M | $79.8M | 50x | as long as short |
Lighter EWY
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Bybit EWYUSDT
HTX EWY-USDT
Bitget EWYUSDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
GRVT EWY_USDT_Perp
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
Binance EWYUSDT