Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter+0.016%7-day average +0.041% · 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 7 days−0.083%−$8 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.016%, 7d avg +0.041%
Together, before fees−0.109%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.025% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY190.560.0032pay 0.0004% / 1h9m 57s$386K$39K20x
ShortSunX EWY-USDT190.590get 0.0000% / 8h4h 09m$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$6.72
Price spread: +0.016% → +0.041%
−$2.51
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$17.23
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 40 min ago; SunX: live order book, 7 min ago. 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, 40 min ago2.63 bp3.1 bp −$311.9 bp −$11951.2 bp −$5,123doesn't fit
Sell SunX live order book, 7 min ago500.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0152%1h190.58+0.010%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.76+0.105%$5.2M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.73+0.089%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.57+0.005%$753K$395K10xas long as short
SunX EWY-USDTshort0.0000%8h190.59+0.016%$2.5M20x
HTX EWY-USDT0.0000%8h190.72+0.084%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.71+0.079%$1.7M$37K10xas long as short
OKX EWY-USDT-SWAP+0.0018%8h190.73+0.089%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0019%8h190.70+0.075%$296K$12K20xas long as short
Lighter EWYlong+0.0032%1h190.56long leg$386K$39K20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.58+0.010%$532K$297K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.84+0.147%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.70+0.073%$198K$146K20xas long as short
Bitget EWYUSDT+0.0048%8h190.70+0.073%$2.7M$2.0M20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.65+0.047%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h190.560.000%$30K$66K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.52−0.021%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.69+0.068%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.52−0.021%$201K$266K10xas long as short
Paradex EWY-USD-PERP+0.0053%8h190.70+0.071%$235xas long as short
Variational Omni EWY+0.0054%8h190.62+0.031%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0095%8h190.70+0.074%$28.1M$76.5M50xas long as short
BloFin EWY-USDT+0.0096%8h190.65+0.047%$48K$214K50xas long as short
Extended EWY_24_5-USD+0.0096%1h190.66+0.053%$301K$669K10xas long as short
MEXC EWY_USDT+0.0096%8h190.70+0.073%$6.5M$3.9M100xas long as short
KuCoin EWYUSDTM+0.0100%8h190.65+0.047%$983K$618K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.51−0.026%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.69+0.068%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0117%1h190.68+0.063%$2K$13K20xas long as short
edgeX EWYUSDC+0.0353%4h190.51−0.024%$427K$285K20xas long as short