Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against Orderly−0.068%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.068% cheaper against Orderly than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_EWY_USDC_mythos | 190.30 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $2K | $1K | 20x |
| Short | Lighter EWY | 190.17 | 0.0032 | get 0.0004% / 1h | 55m 00s | $385K | $39K | 20x |
Orderly PERP_EWY_USDC_mythos
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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
- −$14.28
- Price spread: −0.068% → 0.000%
- −$6.83
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$27.11
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 65 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 65 min ago | 3.15 bp | 3.2 bp −$3 | 9.7 bp −$97 | 42.8 bp −$4,281 | doesn't fit |
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 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0016% | 1h | 190.20 | −0.053% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.42 | +0.063% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.32 | +0.011% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.41 | +0.057% | $753K | $388K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.28 | −0.011% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.22 | −0.042% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 189.56 | −0.389% | $529K | $321K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.30 | 0.000% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.33 | +0.016% | $1.7M | $38K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 190.17 | −0.068% | $385K | $39K | 20x |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.49 | +0.100% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.29 | −0.005% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.24 | −0.032% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.17 | −0.068% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.12 | −0.095% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.27 | −0.016% | $739 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.26 | −0.021% | $198K | $275K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 190.32 | +0.013% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0073% | 8h | 190.31 | +0.005% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.22 | −0.042% | $980K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.32 | +0.011% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythoslong | +0.0100% | 8h | 190.30 | long leg | $2K | $1K | 20x | |
| OKX EWY-USDT-SWAP | +0.0148% | 8h | 190.43 | +0.068% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0284% | 8h | 190.38 | +0.041% | $295K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0329% | 4h | 190.36 | +0.031% | $427K | $282K | 20x | as long as short |
| Variational Omni EWY | +0.0343% | 8h | 190.30 | +0.002% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0368% | 8h | 190.33 | +0.017% | $28.4M | $77.1M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0368% | 1h | 190.26 | −0.023% | $302K | $665K | 10x | as long as short |
| MEXC EWY_USDT | +0.0369% | 8h | 190.29 | −0.005% | $6.4M | $4.2M | 100x | as long as short |
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT