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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter+0.091%7-day average · you sell dearer than you buy
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 5 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.091% dearer against Lighter than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY187.060.0032pay 0.0004% / 1h46m 04s$379K$40K20x
ShortOrderly PERP_EWY_USDC_mythos187.230.0100get 0.0100% / 8h46m 04s$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Lighter. 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
$14.28
Price spread: +0.091% → 0.000%
$9.09
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$17.37
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Lighter: live order book, 48 min ago; Orderly: no order-book sample. 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 Lighter live order book, 48 min ago3.20 bp4.3 bp −$410.9 bp −$10946.5 bp −$4,652doesn't fit
Sell Orderly no order-book sample
Orderly: 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
Bitget EWYUSDT−0.0410%8h187.30+0.128%$2.8M$2.4M20xas long as short
Hotstuff EWY-PERP−0.0264%1h187.16+0.053%$28K$12K20xas long as short
BloFin EWY-USDT−0.0017%8h187.37+0.166%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h187.25+0.102%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.21+0.079%$238K$876K10xas long as short
Binance EWYUSDT0.0000%8h187.25+0.102%$27.3M$82.5M50xas long as short
Bybit EWYUSDT0.0000%8h187.27+0.112%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.16+0.053%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h187.27+0.112%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.24+0.096%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.06−0.001%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.12+0.032%$739K$417K10xas long as short
SunX EWY-USDT0.0000%8h187.23+0.091%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.36+0.160%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.26+0.107%$1.7M$37K10xas long as short
Vest EWY-USD-PERP+0.0008%1h186.87−0.102%$220K25xas long as short
Lighter EWYlong+0.0032%1h187.06long leg$379K$40K20x
Popdex EWYUSDT+0.0048%1h187.29+0.123%$198K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.04−0.011%$6.3M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.11+0.027%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.060.000%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h187.19+0.069%$755$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.91−0.080%$223K$332K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h187.24+0.096%$520K$251K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h187.31+0.134%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.97−0.048%$962K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.17+0.059%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h187.23+0.091%$2K$1K20x
Deribit EWY_USDC-PERPETUAL+0.0285%1h187.18+0.064%$2K$14K20xas long as short
edgeX EWYUSDC+0.0663%4h187.10+0.020%$419K$285K20xas long as short