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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter+0.074%7-day average · you sell dearer than you buy
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 5 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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.074% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY190.270.0032pay 0.0004% / 1h8m 06s$386K$39K20x
ShortOrderly PERP_EWY_USDC_mythos190.410.0100get 0.0100% / 8h5h 08m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$14.28
Price spread: +0.074% → 0.000%
$7.36
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$15.64
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Lighter: live order book, 46 min ago; Orderly: 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, 46 min ago1.84 bp4.0 bp −$416.4 bp −$16450.2 bp −$5,025doesn't fit
Sell Orderly no order-book sample
Orderly: 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-PERP−0.0128%1h190.26−0.005%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.44+0.089%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.40+0.068%$4.2M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.41+0.075%$753K$392K10xas long as short
SunX EWY-USDT0.0000%8h190.270.000%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.32+0.026%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.39+0.063%$531K$315K20xas long as short
HTX EWY-USDT0.0000%8h190.43+0.084%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.38+0.058%$1.7M$38K10xas long as short
Lighter EWYlong+0.0032%1h190.27long leg$386K$39K20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.48+0.110%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.39+0.063%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.270.000%$6.1M$13.8M20xas long as short
Entropy io:EWY+0.0050%1h190.25−0.011%$51K$56K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.20−0.037%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.36+0.047%$750$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.24−0.016%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.35+0.042%$235xas long as short
Bitget EWYUSDT+0.0068%8h190.39+0.063%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.34+0.037%$981K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.49+0.116%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h190.41+0.074%$2K$1K20x
OKX EWY-USDT-SWAP+0.0100%8h190.43+0.084%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0161%8h190.38+0.056%$295K$12K20xas long as short
Variational Omni EWY+0.0204%8h190.31+0.020%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0219%8h190.35+0.042%$48K$214K50xas long as short
Extended EWY_24_5-USD+0.0232%1h190.35+0.042%$302K$665K10xas long as short
Binance EWYUSDT+0.0234%8h190.37+0.053%$28.4M$76.8M50xas long as short
MEXC EWY_USDT+0.0237%8h190.37+0.053%$6.5M$4.2M100xas long as short
edgeX EWYUSDC+0.0560%4h190.34+0.038%$427K$283K20xas long as short