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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.012%
Price spread now: Polymarket Perps against Lighter−0.026%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 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
Funding pays, the price is against you. Polymarket Perps is 0.026% cheaper against Lighter than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4.9 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY188.730.0032pay 0.0004% / 1h1m 04s$375K$95K20x
ShortPolymarket Perps EWY-USD188.680.0050get 0.0006% / 1h1m 04s$4K$3820x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.78
Price spread: −0.026% → 0.000%
−$2.65
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$6.87
Costs to cover
0.080%
Break-even
19.7 days
Slippage unknown: Lighter: live order book, 14 min ago; Polymarket 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 14 min ago2.91 bp5.5 bp −$515.0 bp −$15048.3 bp −$4,829doesn't fit
Sell Polymarket Perps no order-book sample
Polymarket 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EWYUSDT0.0000%8h188.89+0.085%$5.6M$3.5M100xas long as short
Gate EWY_USDT0.0000%8h188.85+0.064%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h188.53−0.106%$2.7M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h188.88+0.079%$2K$13K20xas long as short
Phemex EWYUSDT0.0000%8h188.88+0.079%$1.7M$37K10xas long as short
Lighter EWYlong+0.0032%1h188.73long leg$375K$95K20x
Vest EWY-USD-PERP+0.0046%1h188.80+0.037%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h188.86+0.069%$193K$139K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.78+0.026%$6.4M$14.9M20xas long as short
Polymarket Perps EWY-USDshort+0.0050%1h188.68−0.026%$4K$3820x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h188.83+0.053%$773$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.65−0.042%$221K$181K10xas long as short
HTX EWY-USDT+0.0067%8h188.90+0.090%$36K$8K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.82+0.048%$957K$724K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.82+0.048%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.85+0.064%$2K$1K20xas long as short
Entropy io:EWY+0.0103%1h188.79+0.032%$49K$36K25xas long as short
Bitget EWYUSDT+0.0111%8h188.88+0.079%$2.5M$1.4M20xas long as short
Paradex EWY-USD-PERP+0.0116%8h188.98+0.133%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h188.92+0.101%$524K$327K20xas long as short
OKX EWY-USDT-SWAP+0.0164%8h188.91+0.095%$4.0M$4.0M50xas long as short
Aster EWYUSDT+0.0309%8h188.69−0.022%$293K$12K20xas long as short
Hotstuff EWY-PERP+0.0328%1h188.78+0.026%$28K$12K20xas long as short
Variational Omni EWY+0.0342%8h188.87+0.072%$1.4M$890Kas long as short
MEXC EWY_USDT+0.0394%8h188.86+0.069%$7.5M$4.6M100xas long as short
Extended EWY_24_5-USD+0.0400%1h188.85+0.061%$304K$410K10xas long as short
Binance EWYUSDT+0.0402%8h188.86+0.071%$28.3M$79.6M50xas long as short
BloFin EWY-USDT+0.0410%8h188.86+0.069%$47K$213K50xas long as short
GRVT EWY_USDT_Perp+0.0510%8h188.82+0.049%$747K$410K10xas long as short
edgeX EWYUSDC+0.0794%4h188.83+0.052%$423K$275K20xas long as short