EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.14 per $10,000 · paid last 24h +0.530%

Price spread now: Lighter against Hotstuff+0.021%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Lighter

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.021% dearer against Hotstuff than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff EWY-PERP	190.29	0.0144	pay 0.0018% / 1h	3m 15s	$29K	$12K	20x
Short	Lighter EWY	190.33	0.0032	get 0.0004% / 1h	3m 15s	$386K	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Hotstuff. 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

Position, each leg$Hold fordaysFee HotstuffbpFee LighterbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$23.52
Price spread: +0.021% → 0.000%: $2.1
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$26.42
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Lighter: live order book, 51 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Lighter live order book, 51 min ago	1.84 bp	7.4 bp −$7	19.5 bp −$195	50.6 bp −$5,062	doesn't fit

Hotstuff: 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
Bybit EWYUSDT	0.0000%	8h	190.51	+0.116%	$5.1M	$4.3M	100x	as long as short
Gate EWY_USDT	0.0000%	8h	190.39	+0.053%	$4.2M	$3.8M	50x	as long as short
GRVT EWY_USDT_Perp	0.0000%	8h	190.46	+0.091%	$753K	$393K	10x	as long as short
SunX EWY-USDT	0.0000%	8h	190.17	−0.063%	—	$2.5M	20x	as long as short
Deribit EWY_USDC-PERPETUAL	0.0000%	1h	190.30	+0.005%	$2K	$13K	20x	as long as short
Coinbase International EWY-PERP-INTX	0.0000%	1h	190.39	+0.053%	$531K	$312K	20x	as long as short
HTX EWY-USDT	0.0000%	8h	190.53	+0.126%	$22K	$35K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	190.45	+0.084%	$1.7M	$38K	10x	as long as short
Lighter EWYshort	+0.0032%	1h	190.33	+0.021%	$386K	$39K	20x
Vest EWY-USD-PERP	+0.0046%	1h	190.52	+0.121%	—	$220K	25x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex EWYUSDT	+0.0048%	1h	190.37	+0.042%	$198K	$146K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	190.34	+0.026%	$6.1M	$13.9M	20x	as long as short
Entropy io:EWY	+0.0050%	1h	190.28	−0.005%	$51K	$56K	25x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	190.22	−0.037%	$4K	$126	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	190.42	+0.068%	$749	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	190.22	−0.037%	$201K	$267K	10x	as long as short
Paradex EWY-USD-PERP	+0.0055%	8h	190.38	+0.048%	$23	—	5x	as long as short
Bitget EWYUSDT	+0.0064%	8h	190.41	+0.063%	$2.7M	$2.0M	20x	as long as short
OKX EWY-USDT-SWAP	+0.0095%	8h	190.48	+0.100%	$4.1M	$3.5M	50x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	190.35	+0.032%	$982K	$628K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	190.46	+0.089%	$13K	$265K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	190.43	+0.074%	$2K	$1K	20x	as long as short
Hotstuff EWY-PERPlong	+0.0144%	1h	190.29	long leg	$29K	$12K	20x
Aster EWYUSDT	+0.0147%	8h	190.39	+0.051%	$295K	$12K	20x	as long as short
edgeX EWYUSDC	+0.0164%	4h	190.41	+0.064%	$427K	$284K	20x	as long as short
Variational Omni EWY	+0.0191%	8h	190.35	+0.030%	$1.2M	$1.1M	—	as long as short
Binance EWYUSDT	+0.0223%	8h	190.44	+0.079%	$28.5M	$76.9M	50x	as long as short
Extended EWY_24_5-USD	+0.0224%	1h	190.37	+0.044%	$302K	$663K	10x	as long as short
MEXC EWY_USDT	+0.0225%	8h	190.38	+0.047%	$6.5M	$4.2M	100x	as long as short
BloFin EWY-USDT	+0.0241%	8h	190.45	+0.084%	$48K	$214K	50x	as long as short