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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0244%/8h= −26.7% APRnext payment $0.30 per $10,000 · paid last 24h −0.034%
Price spread now: Lighter against Deribit−0.021%7-day average · you buy dearer than you sell
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 4 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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Lighter is 0.021% cheaper against Deribit than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL190.330.0276pay 0.0034% / 1h47m 42s$2K$13K20x
ShortLighter EWY190.290.0032get 0.0004% / 1h47m 42s$379K$54K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Deribit. 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
−$51.17
Price spread: −0.021% → 0.000%
−$2.1
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
−$60.27
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 17 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 Deribit no order-book sample
Sell Lighter live order book, 17 min ago3.96 bp10.6 bp −$1117.2 bp −$17247.9 bp −$4,789doesn't fit
Deribit: 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
Gate EWY_USDT0.0000%8h190.41+0.042%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.94−0.205%$752K$389K10xas long as short
SunX EWY-USDT0.0000%8h190.10−0.121%$2.7M20xas long as short
HTX EWY-USDT0.0000%8h190.24−0.047%$37K$29K20xas long as short
Phemex EWYUSDT0.0000%8h190.34+0.005%$1.7M$38K10xas long as short
Lighter EWYshort+0.0032%1h190.29−0.021%$379K$54K20x
Vest EWY-USD-PERP+0.0046%1h190.40+0.037%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.30−0.016%$196K$142K20xas long as short
Entropy io:EWY+0.0050%1h190.03−0.158%$52K$58K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.20−0.068%$4K$10920xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h190.25−0.042%$785$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.18−0.079%$242K$213K10xas long as short
KuCoin EWYUSDTM+0.0100%8h190.21−0.063%$979K$678K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.87−0.242%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.330.000%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0103%8h190.43+0.052%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.78−0.289%$530K$337K20xas long as short
Bybit EWYUSDT+0.0149%8h190.47+0.074%$5.3M$4.2M100xas long as short
tradeXYZ xyz:EWY+0.0164%1h190.36+0.016%$6.4M$14.9M20xas long as short
Deribit EWY_USDC-PERPETUALlong+0.0276%1h190.33long leg$2K$13K20x
Bitget EWYUSDT+0.0279%8h190.43+0.053%$2.8M$1.6M20xas long as short
Hotstuff EWY-PERP+0.0328%1h190.41+0.042%$29K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0338%8h190.44+0.058%$4.1M$3.6M50xas long as short
Aster EWYUSDT+0.0551%8h190.34+0.004%$295K$12K20xas long as short
Variational Omni EWY+0.0654%8h189.97−0.191%$1.2M$1.3Mas long as short
edgeX EWYUSDC+0.0673%4h190.12−0.109%$426K$283K20xas long as short
BloFin EWY-USDT+0.0679%8h190.23−0.053%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0680%1h190.33+0.001%$299K$488K10xas long as short
MEXC EWY_USDT+0.0680%8h190.40+0.037%$7.6M$4.5M100xas long as short
Binance EWYUSDT+0.0680%8h190.39+0.032%$28.7M$78.9M50xas long as short