Funding you earn now, next payment 03:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h −0.012%
Price spread now: Lighter against Paradex−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.044% cheaper against Paradex than usual: you would sell low and buy high (−$4 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 | Paradex EWY-USD-PERP | 190.26 | 0.0056 | pay 0.0056% / 8h | 5h 29m | $23 | — | 5x |
| Short | Lighter EWY | 190.18 | 0.0032 | get 0.0004% / 1h | 29m 58s | $385K | $39K | 20x |
Paradex EWY-USD-PERP
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- −$5.14
- Price spread: −0.044% → 0.000%
- −$4.41
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.54
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 25 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 25 min ago | 1.84 bp | 7.4 bp −$7 | 19.5 bp −$195 | 50.6 bp −$5,062 | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0065% | 1h | 190.18 | −0.044% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.26 | −0.002% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.26 | −0.002% | $4.1M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.45 | +0.096% | $753K | $390K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.24 | −0.013% | — | $2.5M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.19 | −0.039% | $530K | $312K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.35 | +0.045% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.26 | −0.002% | $1.7M | $38K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 190.18 | −0.044% | $385K | $39K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.43 | +0.087% | — | $220K | 25x | as long as short |
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.25 | −0.007% | $198K | $145K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.16 | −0.055% | $6.1M | $13.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.18 | −0.044% | $51K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.12 | −0.076% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.26 | −0.002% | $747 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.24 | −0.013% | $199K | $276K | 10x | as long as short |
| Paradex EWY-USD-PERPlong | +0.0056% | 8h | 190.26 | long leg | $23 | — | 5x | |
| Bitget EWYUSDT | +0.0077% | 8h | 190.22 | −0.023% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.25 | −0.007% | $981K | $628K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.38 | +0.061% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.28 | +0.008% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0115% | 8h | 190.23 | −0.018% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0213% | 8h | 190.32 | +0.031% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0257% | 8h | 190.27 | +0.001% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0288% | 1h | 190.19 | −0.041% | $302K | $665K | 10x | as long as short |
| BloFin EWY-USDT | +0.0288% | 8h | 190.24 | −0.013% | $48K | $214K | 50x | as long as short |
| Binance EWYUSDT | +0.0289% | 8h | 190.24 | −0.012% | $28.4M | $77.0M | 50x | as long as short |
| MEXC EWY_USDT | +0.0292% | 8h | 190.24 | −0.013% | $6.5M | $4.2M | 100x | as long as short |
| Hotstuff EWY-PERP | +0.0360% | 1h | 190.23 | −0.018% | $29K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0892% | 4h | 190.38 | +0.059% | $427K | $284K | 20x | as long as short |
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
BloFin EWY-USDT
Binance EWYUSDT
MEXC EWY_USDT
Hotstuff EWY-PERP
edgeX EWYUSDC