Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.047%
Price spread now: Aster against Lighter+0.036%7-day average +0.063% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.036%, 7d avg +0.063%
Together, before fees+0.145%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.026% cheaper against Lighter than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.063%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.049% in total) that is about 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY190.320.0032pay 0.0004% / 1h3m 21s$386K$39K20x
ShortAster EWYUSDT190.390.0147get 0.0147% / 8h5h 03m$295K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$24.16
Price spread: +0.036% → +0.063%
−$2.64
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$13.52
Costs to cover
0.080%
Break-even
3.1 days
Slippage unknown: Lighter: live order book, 51 min ago; Aster: live order book, 59 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 51 min ago1.84 bp4.0 bp −$416.4 bp −$16450.2 bp −$5,025doesn't fit
Sell Aster live order book, 59 min ago2.37 bp9.0 bp −$910.2 bp −$102doesn't fitdoesn't fit

EWY on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EWYUSDT0.0000%8h190.48+0.084%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.39+0.037%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.46+0.076%$753K$393K10xas long as short
SunX EWY-USDT0.0000%8h190.33+0.005%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.36+0.021%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.39+0.037%$531K$313K20xas long as short
HTX EWY-USDT0.0000%8h190.53+0.110%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.38+0.032%$1.7M$38K10xas long as short
Lighter EWYlong+0.0032%1h190.32long leg$386K$39K20x
Vest EWY-USD-PERP+0.0046%1h190.52+0.105%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.37+0.026%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.34+0.011%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.28−0.021%$51K$56K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.22−0.053%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.40+0.042%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.22−0.053%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h190.38+0.032%$235xas long as short
Bitget EWYUSDT+0.0064%8h190.39+0.037%$2.7M$2.0M20xas long as short
OKX EWY-USDT-SWAP+0.0095%8h190.40+0.042%$4.1M$3.5M50xas long as short
KuCoin EWYUSDTM+0.0100%8h190.35+0.016%$982K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.46+0.074%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.43+0.058%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0144%1h190.29−0.016%$29K$12K20xas long as short
Aster EWYUSDTshort+0.0147%8h190.39+0.036%$295K$12K20x
edgeX EWYUSDC+0.0164%4h190.41+0.048%$427K$284K20xas long as short
Variational Omni EWY+0.0191%8h190.35+0.015%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0202%8h190.47+0.079%$48K$214K50xas long as short
Binance EWYUSDT+0.0223%8h190.41+0.049%$28.5M$76.9M50xas long as short
Extended EWY_24_5-USD+0.0224%1h190.33+0.005%$302K$663K10xas long as short
MEXC EWY_USDT+0.0225%8h190.38+0.032%$6.5M$4.2M100xas long as short