Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Gate against Lighter+0.080%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.080%, 7d avg +0.073%
=Together, before fees−0.083%+ Points / potential airdropLighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 187.96 | 0.0032 | pay 0.0004% / 1h | 51m 06s | $381K | $40K | 20x |
| Short | Gate EWY_USDT | 188.11 | 0 | get 0.0000% / 8h | 1h 51m | $4.1M | $4.2M | 50x |
Lighter EWY
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$6.72
- Price spread: +0.080% → +0.073%
- $0.66
- Slippage, 4 orders
- −$22.78
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$43.83
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 49 min ago; Gate: 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 Lighter live order book, 49 min ago | 3.19 bp | 5.3 bp −$5 | 14.4 bp −$144 | 46.9 bp −$4,687 | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.06 bp | 13.3 bp −$13 | 30.7 bp −$307 | 45.8 bp −$4,585 | 77.2 bp −$38.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0110% | 8h | 188.21 | +0.133% | $2.7M | $2.3M | 20x | as long as short |
| BloFin EWY-USDT | −0.0021% | 8h | 188.12 | +0.085% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.07 | +0.060% | $292K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.06 | +0.051% | $241K | $496K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.15 | +0.101% | $27.3M | $81.6M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.05 | +0.048% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.08 | +0.064% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 188.11 | +0.080% | $4.1M | $4.2M | 50x | |
| MEXC EWY_USDT | 0.0000% | 8h | 188.13 | +0.090% | $7.9M | $4.2M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.18 | +0.118% | $1.2M | $1.1M | — | as long as short |
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.11 | +0.080% | $744K | $419K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.95 | −0.005% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.22 | +0.138% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.13 | +0.090% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 187.96 | long leg | $381K | $40K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.81 | −0.080% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.07 | +0.059% | $197K | $150K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.61 | +0.346% | $524K | $274K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.01 | +0.027% | $6.3M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.97 | +0.005% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.86 | −0.053% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.01 | +0.027% | $758 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.83 | −0.069% | $214K | $307K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 188.03 | +0.035% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.91 | −0.027% | $968K | $598K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.17 | +0.112% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.00 | +0.021% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0328% | 1h | 187.98 | +0.011% | $28K | $12K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0335% | 1h | 188.05 | +0.048% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0437% | 4h | 188.05 | +0.048% | $422K | $285K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC