Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter−0.058%108s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$920.916% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.058%, 7d avg +0.047%
=Together, before fees+0.216%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.105% cheaper against Lighter than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.047%). If the spread goes back, that is −$11 on $10k: about 5.2 days of funding at the current rate (+$2 a day). The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 188.92 | 0.0032 | pay 0.0004% / 1h | 3m 42s | $383K | $40K | 20x |
| Short | ApeX Omni EWYUSDT | 188.81 | 0.0100 | get 0.0013% / 1h | 3m 42s | $13K | $265K | 50x |
Lighter EWY
ApeX Omni EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- $14.28
- Price spread: −0.058% → +0.047%
- −$10.54
- Slippage, 4 orders
- −$81.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$87.83
- Costs to cover
- 0.916%
- Break-even
- 50.1 days
Slippage from Lighter: live order book, 41 min ago; ApeX Omni: live order book, 48 min ago.
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 Lighter live order book, 41 min ago | 2.64 bp | 4.8 bp −$5 | 16.3 bp −$163 | 48.1 bp −$4,814 | doesn't fit |
| Sell ApeX Omni live order book, 48 min ago | 28.42 bp | 39.1 bp −$39 | 202.8 bp −$2,028 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EWY-USDT | −0.0003% | 8h | 188.87 | −0.026% | $48K | $215K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 189.06 | +0.077% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.97 | +0.024% | $300K | $422K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 189.01 | +0.047% | $27.6M | $77.8M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.01 | +0.048% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.88 | −0.021% | $4.2M | $4.0M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.98 | +0.032% | $4.1M | $3.9M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.97 | +0.026% | $6.2M | $3.8M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.97 | +0.026% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.85 | −0.036% | $1.2M | $1.1M | — | as long as short |
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.70 | −0.117% | $746K | $406K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.95 | +0.016% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.00 | +0.042% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.91 | −0.005% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.11 | +0.101% | $1.7M | $37K | 10x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 188.92 | long leg | $383K | $40K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.89 | −0.016% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.99 | +0.037% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.40 | −0.275% | $524K | $290K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.80 | −0.064% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.85 | −0.037% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.84 | −0.042% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.98 | +0.032% | $733 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.63 | −0.154% | $202K | $304K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0051% | 8h | 189.00 | +0.045% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.80 | −0.064% | $973K | $613K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 188.81 | −0.058% | $13K | $265K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.05 | +0.069% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0624% | 1h | 188.76 | −0.085% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0734% | 4h | 188.57 | −0.187% | $423K | $284K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
edgeX EWYUSDC