Funding you earn now, next payment 03:00 UTC+0.0465%/8h= +51.0% APRnext payment +$0.58 per $10,000 · paid last 24h −0.035%
Price spread now: Lighter against Deribit+0.026%7-day average — · you sell dearer than you buy
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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter is 0.026% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit EWY_USDC-PERPETUAL | 190.11 | −0.0433 | get 0.0054% / 1h | 46m 21s | $2K | $13K | 20x |
| Short | Lighter EWY | 190.16 | 0.0032 | get 0.0004% / 1h | 46m 21s | $385K | $39K | 20x |
Deribit EWY_USDC-PERPETUAL
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $97.72
- Price spread: +0.026% → 0.000%
- $2.63
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $93.35
- Costs to cover
- 0.070%
- Break-even
- 0.3 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 8 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 8 min ago | 1.84 bp | 7.4 bp −$7 | 19.5 bp −$195 | 50.6 bp −$5,062 | doesn't fit |
Deribit: 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-PERPETUALlong | −0.0433% | 1h | 190.11 | long leg | $2K | $13K | 20x | |
| Hotstuff EWY-PERP | −0.0016% | 1h | 190.02 | −0.047% | $28K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.96 | −0.079% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.00 | −0.058% | $4.0M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.45 | +0.180% | $753K | $388K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.19 | +0.042% | — | $2.5M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.19 | +0.042% | $530K | $318K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.47 | +0.189% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.07 | −0.021% | $1.7M | $38K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 190.16 | +0.026% | $385K | $39K | 20x |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.21 | +0.053% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.03 | −0.042% | $197K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.90 | −0.110% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.16 | +0.026% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.84 | −0.142% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.07 | −0.021% | $742 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.06 | −0.026% | $197K | $274K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 190.13 | +0.011% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0088% | 8h | 190.07 | −0.021% | $2.7M | $1.9M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.98 | −0.068% | $979K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.25 | +0.074% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.92 | −0.100% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0129% | 8h | 190.04 | −0.037% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0254% | 8h | 190.01 | −0.054% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0325% | 8h | 190.41 | +0.157% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0334% | 8h | 190.01 | −0.053% | $28.3M | $77.0M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0336% | 1h | 189.97 | −0.076% | $302K | $665K | 10x | as long as short |
| BloFin EWY-USDT | +0.0339% | 8h | 190.11 | 0.000% | — | $214K | 50x | as long as short |
| MEXC EWY_USDT | +0.0339% | 8h | 190.01 | −0.053% | $6.4M | $4.2M | 100x | as long as short |
| edgeX EWYUSDC | +0.0542% | 4h | 190.27 | +0.083% | $426K | $284K | 20x | as long as short |
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT
MEXC EWY_USDT
edgeX EWYUSDC