Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter against ApeX Omni−0.037%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$900.904% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now −0.037%, 7d avg −0.048%
=Together, before fees−0.223%+ Points / potential airdropLighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EWYUSDT | 190.29 | 0.0100 | pay 0.0013% / 1h | 49m 09s | $13K | $264K | 50x |
| Short | Lighter EWY | 190.22 | 0.0032 | get 0.0004% / 1h | 49m 09s | $386K | $39K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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: −0.037% → −0.048%
- $1.1
- Slippage, 4 orders
- −$80.37
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$103.55
- Costs to cover
- 0.904%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 13 min ago; Lighter: live order book, 5 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 ApeX Omni live order book, 13 min ago | 28.93 bp | 39.8 bp −$40 | 197.9 bp −$1,979 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.84 bp | 7.4 bp −$7 | 19.5 bp −$195 | 50.6 bp −$5,062 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.30 | +0.005% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.30 | +0.005% | $4.0M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.45 | +0.086% | $753K | $388K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.26 | −0.016% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.23 | −0.032% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 189.56 | −0.384% | $529K | $317K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.47 | +0.095% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.24 | −0.026% | $1.7M | $38K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 190.22 | −0.037% | $386K | $39K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.47 | +0.095% | — | $220K | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.29 | 0.000% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.18 | −0.058% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.24 | −0.026% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.12 | −0.089% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.27 | −0.011% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.31 | +0.011% | $198K | $275K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 190.34 | +0.024% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0092% | 8h | 190.28 | −0.005% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.24 | −0.026% | $980K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDTlong | +0.0100% | 1h | 190.29 | long leg | $13K | $264K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.31 | +0.011% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0137% | 8h | 190.27 | −0.011% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0266% | 8h | 190.35 | +0.030% | $295K | $12K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0272% | 1h | 190.24 | −0.026% | $29K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0325% | 8h | 190.41 | +0.062% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0344% | 1h | 190.24 | −0.024% | $302K | $665K | 10x | as long as short |
| Binance EWYUSDT | +0.0346% | 8h | 190.27 | −0.010% | $28.4M | $77.0M | 50x | as long as short |
| MEXC EWY_USDT | +0.0349% | 8h | 190.25 | −0.021% | $6.4M | $4.2M | 100x | as long as short |
| edgeX EWYUSDC | +0.0950% | 4h | 190.24 | −0.025% | $426K | $283K | 20x | as long as short |
ApeX Omni EWYUSDT
Lighter EWY
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 EWYUSDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Bitget EWYUSDT
KuCoin EWYUSDTM
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
edgeX EWYUSDC