Funding you earn now, next payment 11:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter against Vest−0.069%7-day average −0.128% · 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)−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.069%, 7d avg −0.128%
=Together, before fees−0.058%+ Points / potential airdropVest: Active · Lighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.059% dearer against Vest than usual: you sell high and buy low (spread −0.069% now, against its 7-day average of −0.128%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest EWY-USD-PERP | 188.25 | 0.0046 | pay 0.0006% / 1h | 27m 39s | — | $224K | 25x |
| Short | Lighter EWY | 188.12 | 0.0032 | get 0.0004% / 1h | 27m 39s | $382K | $44K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Vest. 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
- −$2.87
- Price spread: −0.069% → −0.128%
- $5.94
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.07
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 10 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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 10 min ago | 2.39 bp | 5.6 bp −$6 | 13.3 bp −$133 | 45.6 bp −$4,564 | doesn't fit |
Vest: 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 exchanges
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 | −8.0000% | 1h | 188.14 | −0.058% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.26 | +0.005% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.23 | −0.011% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.31 | +0.032% | $3.1M | $3.1M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.96 | −0.154% | — | $1.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.28 | +0.016% | $1.7M | $37K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0016% | 1h | 188.21 | −0.021% | $3K | $12K | 20x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 188.12 | −0.069% | $382K | $44K | 20x | |
| Vest EWY-USD-PERPlong | +0.0046% | 1h | 188.25 | long leg | — | $224K | 25x | |
| Popdex EWYUSDT | +0.0048% | 1h | 188.27 | +0.011% | $201K | $166K | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.15 | −0.053% | $5.9M | $15.5M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.20 | −0.027% | $143K | $118K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.23 | −0.011% | $774 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.20 | −0.027% | $225K | $315K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 188.39 | +0.074% | $23 | — | 5x | as long as short |
| Gate EWY_USDT | +0.0070% | 8h | 188.31 | +0.032% | $4.0M | $4.8M | 50x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0088% | 1h | 188.10 | −0.080% | $523K | $253K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.11 | −0.074% | $968K | $720K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.05 | −0.106% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.27 | +0.011% | $2K | $1K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0182% | 1h | 188.40 | +0.080% | $4K | $7K | 20x | as long as short |
| Aster EWYUSDT | +0.0241% | 8h | 188.14 | −0.060% | $291K | $14K | 20x | as long as short |
| Variational Omni EWY | +0.0289% | 8h | 188.24 | −0.005% | $1.1M | $941K | — | as long as short |
| BloFin EWY-USDT | +0.0325% | 8h | 188.31 | +0.032% | $48K | $241K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0328% | 1h | 188.20 | −0.026% | $247K | $935K | 10x | as long as short |
| MEXC EWY_USDT | +0.0328% | 8h | 188.28 | +0.016% | $7.4M | $4.4M | 100x | as long as short |
| Binance EWYUSDT | +0.0333% | 8h | 188.27 | +0.010% | $26.1M | $86.6M | 50x | as long as short |
| edgeX EWYUSDC | +0.0421% | 4h | 188.29 | +0.021% | $422K | $288K | 20x | as long as short |
| HTX EWY-USDT | +0.0501% | 8h | 188.29 | +0.021% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0982% | 8h | 188.28 | +0.017% | $738K | $412K | 10x | as long as short |
Lighter EWY
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
Popdex EWYUSDT
tradeXYZ xyz:EWY
SoDEX EWY-USD
Paradex EWY-USD-PERP
Gate EWY_USDT
Coinbase International EWY-PERP-INTX
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Polymarket Perps EWY-USD
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
Binance EWYUSDT
edgeX EWYUSDC
HTX EWY-USDT
GRVT EWY_USDT_Perp