Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against Polymarket Perps−0.054%45s7-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 −$1 a day on $10k at the current rate, and Lighter is 0.054% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps EWY-USD | 185.26 | 0.0050 | pay 0.0006% / 1h | 25m 46s | $4K | $141 | 20x |
| Short | Lighter EWY | 185.16 | 0.0032 | get 0.0004% / 1h | 25m 46s | $375K | $40K | 20x |
Polymarket Perps EWY-USD
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket Perps. 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
- −$3.78
- Price spread: −0.054% → 0.000%
- −$5.4
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.18
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; Lighter: live order book, 64 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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 64 min ago | 2.41 bp | 10.1 bp −$10 | 14.6 bp −$146 | 45.5 bp −$4,553 | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0488% | 8h | 185.45 | +0.103% | $3.1M | $2.7M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0016% | 1h | 185.08 | −0.097% | — | $235K | 25x | as long as short |
| BloFin EWY-USDT | −0.0008% | 8h | 185.42 | +0.086% | $48K | $219K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.61 | +0.191% | $287K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.36 | +0.052% | $239K | $916K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 185.38 | +0.065% | $26.7M | $82.3M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 185.39 | +0.070% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.31 | +0.027% | $4.0M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.40 | +0.076% | $4.0M | $4.4M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 185.36 | +0.054% | $7.4M | $4.5M | 100x | as long as short |
Bitget EWYUSDT
Vest EWY-USD-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 185.32 | +0.032% | $1.1M | $1.0M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 185.30 | +0.022% | $726K | $415K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 185.58 | +0.173% | — | $2.3M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 185.27 | +0.005% | $3K | $15K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 185.50 | +0.130% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 185.34 | +0.043% | $1.6M | $36K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 185.16 | −0.054% | $375K | $40K | 20x | |
| Popdex EWYUSDT | +0.0048% | 1h | 185.39 | +0.070% | $194K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 185.17 | −0.049% | $6.0M | $15.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 185.21 | −0.027% | $140K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USDlong | +0.0050% | 1h | 185.26 | long leg | $4K | $141 | 20x | |
| SoDEX EWY-USD | +0.0050% | 1h | 185.30 | +0.022% | $737 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 185.32 | +0.032% | $233K | $333K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 185.31 | +0.026% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.22 | −0.022% | $954K | $629K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 185.27 | +0.005% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.39 | +0.070% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 185.09 | −0.092% | $513K | $249K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0128% | 1h | 185.16 | −0.054% | $27K | $16K | 20x | as long as short |
| edgeX EWYUSDC | +0.0522% | 4h | 185.28 | +0.012% | $415K | $286K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Hotstuff EWY-PERP
edgeX EWYUSDC