Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter−0.053%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$337as in the Funding arb table
Net, price: spread back to 7d avg − costs−$357as in the Price arb table
costs, in and out, $10k−$3503.498% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.053%, 7d avg +0.015%
=Together, before fees+0.184%+ Points / potential airdropLighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.068% cheaper against Lighter than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.015%). If the spread goes back, that is −$7 on $10k: about 3.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 188.50 | 0.0032 | pay 0.0004% / 1h | 7m 22s | $382K | $40K | 20x |
| Short | KuCoin EWYUSDTM | 188.40 | 0.0100 | get 0.0100% / 8h | 2h 07m | $970K | $599K | 20x |
Lighter EWY
KuCoin EWYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: −0.053% → +0.015%
- −$6.76
- Slippage, 4 orders
- −$337.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$342.28
- Costs to cover
- 3.498%
- Break-even
- 174.8 days
Slippage from Lighter: live order book, 32 min ago; KuCoin: live order book, 32 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, 32 min ago | 3.19 bp | 5.3 bp −$5 | 14.4 bp −$144 | 46.9 bp −$4,687 | doesn't fit |
| Sell KuCoin live order book, 32 min ago | 5.86 bp | 154.0 bp −$154 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0144% | 8h | 188.65 | +0.080% | $2.7M | $2.3M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0120% | 1h | 188.50 | 0.000% | $28K | $12K | 20x | as long as short |
| BloFin EWY-USDT | −0.0012% | 8h | 188.39 | −0.058% | $47K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.65 | +0.080% | $292K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.61 | +0.056% | $241K | $500K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.61 | +0.057% | $27.4M | $81.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.65 | +0.080% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.55 | +0.027% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.65 | +0.080% | $4.1M | $4.2M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.66 | +0.085% | $8.9M | $4.2M | 100x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 188.31 | −0.100% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.35 | −0.080% | $744K | $426K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.36 | −0.074% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.45 | −0.027% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.42 | −0.042% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 188.50 | long leg | $382K | $40K | 20x | |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 187.91 | −0.313% | $523K | $277K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.43 | −0.037% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.66 | +0.085% | $198K | $151K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.53 | +0.016% | $6.3M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.30 | −0.106% | $125K | $111K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.50 | 0.000% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.42 | −0.042% | $734 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.17 | −0.175% | $216K | $318K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 188.73 | +0.121% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 188.40 | −0.053% | $970K | $599K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.37 | −0.069% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.57 | +0.037% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0175% | 1h | 188.38 | −0.064% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0835% | 4h | 188.30 | −0.109% | $422K | $284K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Coinbase International EWY-PERP-INTX
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
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC