Funding you earn now, next payment 10:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.042%
Price spread now: Extended against Lighter+0.092%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$160.158% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.092%, 7d avg +0.040%
=Together, before fees+0.019%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.052% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 187.69 | 0.0032 | pay 0.0004% / 1h | 14m 57s | $381K | $44K | 20x |
| Short | Extended EWY_24_5-USD | 187.86 | 0.0080 | get 0.0010% / 1h | 14m 57s | $234K | $909K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. 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
- $10.08
- Price spread: +0.092% → +0.040%
- $5.18
- Slippage, 4 orders
- −$10.78
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$0.53
- Costs to cover
- 0.158%
- Break-even
- 7.4 days
Slippage from Lighter: live order book, 31 min ago; Extended: live order book, 36 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 Lighter live order book, 31 min ago | 1.87 bp | 2.9 bp −$3 | 12.4 bp −$124 | 47.0 bp −$4,695 | doesn't fit |
| Sell Extended live order book, 36 min ago | 0.03 bp | 2.9 bp −$3 | 6.9 bp −$69 | doesn't fit | doesn't fit |
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 | −0.0432% | 1h | 187.73 | +0.021% | $28K | $16K | 20x | as long as short |
| Bitget EWYUSDT | −0.0092% | 8h | 187.92 | +0.123% | $3.1M | $2.9M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.81 | +0.066% | $291K | $14K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.97 | +0.149% | $5.0M | $4.7M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.88 | +0.101% | $4.0M | $4.7M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.56 | −0.069% | — | $1.8M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.83 | +0.075% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 187.69 | long leg | $381K | $44K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.96 | +0.144% | — | $215K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.94 | +0.133% | $200K | $165K | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | +0.0048% | 8h | 187.83 | +0.077% | $1.2M | $909K | — | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.73 | +0.021% | $5.8M | $15.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.70 | +0.005% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.97 | +0.149% | $4K | $5K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.82 | +0.069% | $766 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.43 | −0.139% | $226K | $312K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 187.99 | +0.159% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0070% | 1h | 187.81 | +0.064% | $3K | $14K | 20x | as long as short |
| MEXC EWY_USDT | +0.0073% | 8h | 187.84 | +0.080% | $7.4M | $4.3M | 100x | as long as short |
| Binance EWYUSDT | +0.0080% | 8h | 187.92 | +0.123% | $26.3M | $83.3M | 50x | as long as short |
| Extended EWY_24_5-USDshort | +0.0080% | 1h | 187.86 | +0.092% | $234K | $909K | 10x | |
| BloFin EWY-USDT | +0.0082% | 8h | 187.85 | +0.085% | $48K | $229K | 50x | as long as short |
| Gate EWY_USDT | +0.0082% | 8h | 187.95 | +0.139% | $4.0M | $4.6M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.65 | −0.021% | $965K | $681K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.71 | +0.011% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.87 | +0.096% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 187.79 | +0.053% | $521K | $246K | 20x | as long as short |
| HTX EWY-USDT | +0.0253% | 8h | 187.74 | +0.027% | $22K | $35K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0727% | 8h | 187.66 | −0.015% | $735K | $409K | 10x | as long as short |
| edgeX EWYUSDC | +0.0941% | 4h | 187.67 | −0.011% | $421K | $287K | 20x | as long as short |
Lighter EWY
Extended EWY_24_5-USD
Bitget EWYUSDT
Aster EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
SunX EWY-USDT
Phemex EWYUSDT
Popdex EWYUSDT
Variational Omni EWY
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
MEXC EWY_USDT
Binance EWYUSDT
BloFin EWY-USDT
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
GRVT EWY_USDT_Perp
edgeX EWYUSDC