Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.061%
Price spread now: MEXC against Lighter+0.048%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$120.124% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.048%, 7d avg +0.065%
=Together, before fees+0.122%+ 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 +0.065%, 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 paid +0.097%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 188.80 | 0.0032 | pay 0.0004% / 1h | 3m 05s | $383K | $40K | 20x |
| Short | MEXC EWY_USDT | 188.89 | 0 | get 0.0000% / 8h | 3h 03m | $6.2M | $3.8M | 100x |
Lighter EWY
MEXC EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$6.72
- Price spread: +0.048% → +0.065%
- −$1.78
- Slippage, 4 orders
- −$12.42
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$20.91
- Costs to cover
- 0.124%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 42 min ago; MEXC: live order book, 5 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, 42 min ago | 2.64 bp | 4.8 bp −$5 | 16.3 bp −$163 | 48.1 bp −$4,814 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.26 bp | 0.3 bp $0 | 0.9 bp −$9 | 4.0 bp −$398 | 117.0 bp −$58.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0121% | 1h | 188.83 | +0.016% | $2K | $14K | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.88 | +0.044% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.80 | 0.000% | $300K | $422K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.85 | +0.026% | $27.6M | $77.8M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.87 | +0.037% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.83 | +0.016% | $4.2M | $4.1M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.89 | +0.048% | $4.1M | $3.9M | 50x | as long as short |
| MEXC EWY_USDTshort | 0.0000% | 8h | 188.89 | +0.048% | $6.2M | $3.8M | 100x | |
| Bitget EWYUSDT | 0.0000% | 8h | 188.89 | +0.048% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.85 | +0.028% | $1.2M | $1.1M | — | as long as short |
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate 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 | 188.78 | −0.013% | $747K | $406K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.95 | +0.079% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.91 | +0.058% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.88 | +0.042% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0016% | 8h | 188.90 | +0.053% | $48K | $215K | 50x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 188.80 | long leg | $383K | $40K | 20x | |
| Hotstuff EWY-PERP | +0.0040% | 1h | 188.92 | +0.064% | $28K | $12K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.86 | +0.032% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.93 | +0.069% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.40 | −0.212% | $524K | $290K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.73 | −0.037% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.85 | +0.026% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.79 | −0.005% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.86 | +0.032% | $731 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.63 | −0.090% | $202K | $304K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0051% | 8h | 189.00 | +0.108% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.71 | −0.048% | $973K | $612K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.81 | +0.005% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.93 | +0.069% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0592% | 4h | 188.80 | −0.001% | $423K | $285K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Hotstuff EWY-PERP
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
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC