Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against Popdex−0.027%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 4 days (all we have)−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.027%, 7d avg −0.069%
=Together, before fees−0.069%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.042% dearer against Popdex than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.069%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex EWYUSDT | 186.49 | 0.0048 | pay 0.0006% / 1h | 11m 27s | $198K | $154K | 20x |
| Short | Lighter EWY | 186.44 | 0.0032 | get 0.0004% / 1h | 11m 27s | $378K | $40K | 20x |
Popdex EWYUSDT
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Popdex. 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
- −$3.36
- Price spread: −0.027% → −0.069%
- $4.19
- Slippage, 4 orders
- −$19.24
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.8
- Costs to cover
- 0.256%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 27 min ago; Lighter: live order book, 18 min ago.
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 Popdex live order book, 27 min ago | 0.53 bp | 6.4 bp −$6 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 18 min ago | 2.41 bp | 10.1 bp −$10 | 14.6 bp −$146 | 45.5 bp −$4,553 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −1.4280% | 1h | 186.41 | −0.043% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | −0.0571% | 8h | 186.57 | +0.043% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0021% | 1h | 186.05 | −0.236% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.60 | +0.058% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.45 | −0.024% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.47 | −0.011% | $27.0M | $83.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.56 | +0.038% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.47 | −0.011% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.58 | +0.048% | $4.1M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.50 | +0.005% | $7.9M | $4.4M | 100x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Vest EWY-USD-PERP
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 | 186.55 | +0.030% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.63 | +0.073% | $732K | $422K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.45 | −0.021% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.61 | +0.064% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.54 | +0.027% | $1.6M | $37K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0018% | 1h | 186.51 | +0.011% | $2K | $14K | 20x | as long as short |
| BloFin EWY-USDT | +0.0021% | 8h | 186.58 | +0.048% | $48K | $217K | 50x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 186.44 | −0.027% | $378K | $40K | 20x | |
| Popdex EWYUSDTlong | +0.0048% | 1h | 186.49 | long leg | $198K | $154K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.35 | −0.075% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.43 | −0.032% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.35 | −0.075% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.49 | 0.000% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.41 | −0.043% | $233K | $335K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.49 | 0.000% | $517K | $255K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 186.51 | +0.010% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.45 | −0.021% | $959K | $601K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.56 | +0.038% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.48 | −0.005% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0931% | 4h | 186.56 | +0.037% | $418K | $290K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
BloFin EWY-USDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC