Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Gate−0.105%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.105%, 7d avg −0.074%
=Together, before fees+0.114%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.074%). If the spread goes back, that is −$3 on $10k: about 3.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 190.41 | 0 | get 0.0000% / 8h | 6h 57m | $4.0M | $3.5M | 50x |
| Short | Lighter EWY | 190.21 | 0.0032 | get 0.0004% / 1h | 57m 40s | $386K | $34K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $6.72
- Price spread: −0.105% → −0.074%
- −$3.07
- Slippage, 4 orders
- −$22.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$33.93
- Costs to cover
- 0.376%
- Break-even
- 42.3 days
Slippage from Gate: live order book, 6 min ago; Lighter: live order book, 2 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 Gate live order book, 6 min ago | 3.15 bp | 14.1 bp −$14 | 27.3 bp −$273 | 49.0 bp −$4,898 | 85.5 bp −$42.7K |
| Sell Lighter live order book, 2 min ago | 3.15 bp | 3.2 bp −$3 | 9.7 bp −$97 | 42.8 bp −$4,281 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.43 | +0.011% | $5.2M | $4.3M | 100x | as long as short |
| Gate EWY_USDTlong | 0.0000% | 8h | 190.41 | long leg | $4.0M | $3.5M | 50x | |
| SunX EWY-USDT | 0.0000% | 8h | 190.46 | +0.026% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.36 | −0.026% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.53 | +0.063% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.39 | −0.011% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 190.21 | −0.105% | $386K | $34K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.75 | +0.179% | — | $220K | 25x | as long as short |
| GRVT EWY_USDT_Perp | +0.0047% | 8h | 190.56 | +0.078% | $753K | $380K | 10x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.52 | +0.058% | $196K | $142K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.43 | +0.011% | $531K | $340K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.37 | −0.021% | $6.2M | $14.5M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.41 | 0.000% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.34 | −0.037% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.42 | +0.005% | $542 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.51 | +0.053% | $229K | $235K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0067% | 8h | 190.38 | −0.017% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.43 | +0.011% | $981K | $644K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.45 | +0.021% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.52 | +0.058% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0160% | 1h | 190.47 | +0.032% | $29K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0263% | 8h | 190.42 | +0.005% | $4.2M | $3.5M | 50x | as long as short |
| Bitget EWYUSDT | +0.0443% | 8h | 190.46 | +0.026% | $2.8M | $1.7M | 20x | as long as short |
| Aster EWYUSDT | +0.0465% | 8h | 190.53 | +0.061% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0566% | 8h | 190.51 | +0.053% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0568% | 8h | 190.60 | +0.100% | $2K | $214K | 50x | as long as short |
| Binance EWYUSDT | +0.0586% | 8h | 190.41 | +0.001% | $28.5M | $77.3M | 50x | as long as short |
| MEXC EWY_USDT | +0.0588% | 8h | 190.44 | +0.016% | $7.0M | $4.1M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0592% | 1h | 190.33 | −0.041% | $304K | $670K | 10x | as long as short |
| edgeX EWYUSDC | +0.0962% | 4h | 190.56 | +0.081% | $427K | $283K | 20x | as long as short |
Gate EWY_USDT
Lighter EWY
Bybit EWYUSDT
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
GRVT EWY_USDT_Perp
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Binance EWYUSDT
MEXC EWY_USDT
Extended EWY_24_5-USD
edgeX EWYUSDC