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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.061%
Price spread now: Lighter against MEXC−0.048%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$120.122% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.097%−$10 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.048%, 7d avg −0.066%
Together, before fees−0.123%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT188.390get 0.0000% / 8h2h 09m$8.9M$4.2M100x
ShortLighter EWY188.300.0032get 0.0004% / 1h9m 10s$382K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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: −0.048% → −0.066%
$1.8
Slippage, 4 orders
−$12.23
Fee MEXC: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$3.72
Costs to cover
0.122%
Break-even
10.9 days
Slippage from MEXC: live order book, 4 min ago; Lighter: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago0.27 bp0.3 bp $00.6 bp −$63.4 bp −$34397.4 bp −$48.7K
Sell Lighter live order book, 30 min ago3.19 bp6.4 bp −$615.3 bp −$15348.5 bp −$4,851doesn'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
Bitget EWYUSDT−0.0157%8h188.40+0.005%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0012%8h188.390.000%$47K$216K50xas long as short
Aster EWYUSDT0.0000%8h188.41+0.012%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.37−0.013%$240K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.40+0.005%$27.4M$81.2M50xas long as short
Bybit EWYUSDT0.0000%8h188.46+0.037%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.390.000%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h188.44+0.027%$4.1M$4.2M50xas long as short
MEXC EWY_USDTlong0.0000%8h188.39long leg$8.9M$4.2M100x
Variational Omni EWY0.0000%8h188.31−0.041%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h188.35−0.022%$744K$426K10xas long as short
SunX EWY-USDT0.0000%8h188.42+0.016%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.11−0.149%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.36−0.016%$1.7M$37K10xas long as short
Lighter EWYshort+0.0032%1h188.30−0.048%$382K$40K20x
Coinbase International EWY-PERP-INTX+0.0040%1h187.91−0.255%$523K$277K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.19−0.106%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.51+0.064%$198K$151K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.24−0.080%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h188.13−0.138%$125K$111K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.27−0.064%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.36−0.016%$735$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.17−0.117%$216K$318K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h188.50+0.058%$235xas long as short
Hotstuff EWY-PERP+0.0072%1h188.34−0.027%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.16−0.122%$969K$598K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.37−0.011%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.37−0.011%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0122%1h188.41+0.011%$2K$14K20xas long as short
edgeX EWYUSDC+0.0835%4h188.30−0.050%$422K$284K20xas long as short