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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.015%
Price spread now: SoDEX against Lighter+0.063%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 3 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 +$1 a day on $10k at the current rate, and SoDEX is 0.063% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY189.710.0032pay 0.0004% / 1h15m 54s$377K$62K20x
ShortSoDEX EWY-USD189.830.0050get 0.0006% / 1h15m 54s$779$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.063% → 0.000%
$6.33
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$2.11
Costs to cover
0.080%
Break-even
3.1 days
Slippage unknown: Lighter: live order book, 54 min ago; SoDEX: 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, 54 min ago4.23 bp6.7 bp −$716.8 bp −$16848.8 bp −$4,878doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Gate EWY_USDT0.0000%8h189.86+0.079%$3.6M$3.1M50xas long as short
SunX EWY-USDT0.0000%8h189.62−0.047%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.84+0.069%$1.7M$37K10xas long as short
Lighter EWYlong+0.0032%1h189.71long leg$377K$62K20x
Vest EWY-USD-PERP+0.0046%1h189.90+0.100%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.84+0.069%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.73+0.011%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.68−0.016%$4K$8120xas long as short
SoDEX EWY-USDshort+0.0050%1h189.83+0.063%$779$3K10x
Ondo Perps EWY-USD.P+0.0050%1h189.73+0.011%$243K$207K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.73+0.011%$967K$688K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.86+0.079%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.81+0.053%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0137%8h190.00+0.153%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.88+0.090%$527K$342K20xas long as short
tradeXYZ xyz:EWY+0.0149%1h189.78+0.037%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0170%8h189.91+0.105%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0224%8h189.99+0.148%$36K$8K20xas long as short
Bitget EWYUSDT+0.0224%8h189.89+0.095%$2.6M$1.5M20xas long as short
Hotstuff EWY-PERP+0.0232%1h189.81+0.053%$28K$12K20xas long as short
edgeX EWYUSDC+0.0306%4h189.83+0.061%$425K$276K20xas long as short
OKX EWY-USDT-SWAP+0.0326%8h189.89+0.095%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0488%1h189.88+0.090%$2K$13K20xas long as short
Aster EWYUSDT+0.0564%8h189.72+0.003%$294K$12K20xas long as short
GRVT EWY_USDT_Perp+0.0656%8h189.91+0.105%$751K$395K10xas long as short
Variational Omni EWY+0.0661%8h189.82+0.057%$1.5M$972Kas long as short
MEXC EWY_USDT+0.0687%8h189.81+0.053%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0688%1h189.77+0.034%$298K$396K10xas long as short
Binance EWYUSDT+0.0691%8h189.81+0.053%$28.6M$79.3M50xas long as short
BloFin EWY-USDT+0.0705%8h189.90+0.100%$47K$214K50xas long as short