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+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: SoDEX against Lighter+0.084%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.084% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY189.970.0032pay 0.0004% / 1h23m 59s$385K$39K20x
ShortSoDEX EWY-USD190.130.0050get 0.0006% / 1h23m 59s$749$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$3.78
Price spread: +0.084% → 0.000%
$8.42
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$4.2
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Lighter: live order book, 31 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 31 min ago1.84 bp4.0 bp −$416.4 bp −$16450.2 bp −$5,025doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−0.0016%1h190.05+0.042%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.25+0.147%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.25+0.147%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.11+0.074%$751K$391K10xas long as short
SunX EWY-USDT0.0000%8h190.16+0.100%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.20+0.121%$531K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.15+0.095%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.28+0.163%$1.7M$38K10xas long as short
Lighter EWYlong+0.0032%1h189.97long leg$385K$39K20x
Vest EWY-USD-PERP+0.0046%1h190.30+0.174%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.22+0.132%$198K$145K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.15+0.095%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.09+0.063%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.07+0.053%$4K$12620xas long as short
SoDEX EWY-USDshort+0.0050%1h190.13+0.084%$749$4K10x
Ondo Perps EWY-USD.P+0.0050%1h190.06+0.047%$198K$265K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.13+0.086%$235xas long as short
Bitget EWYUSDT+0.0061%8h190.29+0.168%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.18+0.111%$981K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.13+0.084%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.18+0.111%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0106%8h190.31+0.179%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0193%8h190.20+0.120%$295K$12K20xas long as short
Variational Omni EWY+0.0237%8h190.09+0.061%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0264%1h190.20+0.122%$302K$665K10xas long as short
Binance EWYUSDT+0.0266%8h190.26+0.150%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0270%8h190.25+0.147%$6.5M$4.2M100xas long as short
BloFin EWY-USDT+0.0289%8h190.08+0.058%$48K$214K50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0329%1h190.10+0.068%$2K$13K20xas long as short
edgeX EWYUSDC+0.0815%4h190.08+0.057%$426K$282K20xas long as short