Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.2% APRpaid last 24h −0.012%
Price spread now: Lighter against Paradex−0.071%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.071% cheaper against Paradex than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex EWY-USD-PERP | 190.70 | 0.0053 | pay 0.0053% / 8h | 4h 10m | $23 | — | 5x |
| Short | Lighter EWY | 190.56 | 0.0032 | get 0.0004% / 1h | 10m 08s | $386K | $39K | 20x |
Paradex EWY-USD-PERP
Lighter EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- −$4.31
- Price spread: −0.071% → 0.000%
- −$7.12
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$15.43
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 39 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 39 min ago | 2.63 bp | 6.6 bp −$7 | 11.0 bp −$110 | 43.2 bp −$4,319 | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0152% | 1h | 190.58 | −0.061% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.76 | +0.034% | $5.2M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.73 | +0.018% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.57 | −0.066% | $753K | $395K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.59 | −0.055% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.72 | +0.013% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.71 | +0.007% | $1.7M | $37K | 10x | as long as short |
| OKX EWY-USDT-SWAP | +0.0018% | 8h | 190.73 | +0.018% | $4.1M | $3.3M | 50x | as long as short |
| Aster EWYUSDT | +0.0019% | 8h | 190.71 | +0.006% | $296K | $12K | 20x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 190.56 | −0.071% | $386K | $39K | 20x |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 190.58 | −0.061% | $532K | $297K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.84 | +0.076% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.70 | +0.002% | $198K | $146K | 20x | as long as short |
| Bitget EWYUSDT | +0.0048% | 8h | 190.70 | +0.002% | $2.7M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.65 | −0.024% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.56 | −0.071% | $30K | $66K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.52 | −0.092% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.69 | −0.003% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.52 | −0.092% | $201K | $266K | 10x | as long as short |
| Paradex EWY-USD-PERPlong | +0.0053% | 8h | 190.70 | long leg | $23 | — | 5x | |
| Variational Omni EWY | +0.0054% | 8h | 190.62 | −0.040% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0095% | 8h | 190.72 | +0.010% | $28.1M | $76.5M | 50x | as long as short |
| BloFin EWY-USDT | +0.0096% | 8h | 190.65 | −0.024% | $48K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0096% | 1h | 190.67 | −0.012% | $301K | $669K | 10x | as long as short |
| MEXC EWY_USDT | +0.0096% | 8h | 190.71 | +0.007% | $6.5M | $3.9M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.66 | −0.019% | $983K | $618K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.51 | −0.097% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.69 | −0.003% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0117% | 1h | 190.68 | −0.008% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0353% | 4h | 190.51 | −0.095% | $427K | $285K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
Popdex EWYUSDT
Bitget EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Variational Omni EWY
Binance EWYUSDT
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC