Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter+0.064%7-day average −0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.064%, 7d avg −0.024%
=Together, before fees−0.052%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$5 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 Ondo Perps is 0.089% dearer against Lighter than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 186.75 | 0.0032 | pay 0.0004% / 1h | 33m 01s | $379K | $40K | 20x |
| Short | Ondo Perps EWY-USD.P | 186.87 | 0.0050 | get 0.0006% / 1h | 33m 01s | $223K | $332K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $3.86
- Price spread: +0.064% → −0.024%
- $8.86
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $7.73
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 61 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 61 min ago | 3.20 bp | 4.3 bp −$4 | 10.9 bp −$109 | 46.5 bp −$4,652 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0438% | 8h | 186.99 | +0.129% | $2.9M | $2.5M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0001% | 1h | 186.58 | −0.091% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.99 | +0.127% | $290K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.88 | +0.071% | $238K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.93 | +0.096% | $27.2M | $82.9M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.96 | +0.112% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.85 | +0.054% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.99 | +0.129% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.92 | +0.091% | $8.5M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.02 | +0.144% | $1.2M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.00 | +0.132% | $739K | $416K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.86 | +0.059% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.09 | +0.182% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.96 | +0.112% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0005% | 8h | 187.03 | +0.150% | $48K | $217K | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0024% | 1h | 186.86 | +0.059% | $28K | $12K | 20x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 186.75 | long leg | $379K | $40K | 20x | |
| Popdex EWYUSDT | +0.0048% | 1h | 187.02 | +0.145% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.75 | 0.000% | $6.3M | $14.5M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.90 | +0.080% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.82 | +0.037% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.88 | +0.070% | $748 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.Pshort | +0.0050% | 1h | 186.87 | +0.064% | $223K | $332K | 10x | |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.93 | +0.096% | $519K | $246K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.99 | +0.127% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.85 | +0.054% | $962K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.86 | +0.059% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.91 | +0.086% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0232% | 1h | 186.85 | +0.054% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0524% | 4h | 187.06 | +0.167% | $419K | $285K | 20x | as long as short |
Lighter EWY
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC