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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.058%
Price spread now: Variational Omni against Lighter+0.070%7-day average +0.060% · 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 4 days (all we have)+0.046%+$5 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.070%, 7d avg +0.060%
Together, before fees+0.038%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY189.190.0032pay 0.0004% / 1h15m 30s$384K$40K20x
ShortVariational Omni EWY189.320get 0.0000% / 8h3h 15m$1.2M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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 it
latest
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: +0.070% → +0.060%
$0.93
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$5.79
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 29 min ago; Variational Omni: RFQ quote, 4 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 Lighter live order book, 29 min ago2.64 bp4.8 bp −$516.3 bp −$16348.1 bp −$4,814doesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.22 bpdoesn't fit7.0 bp −$70doesn't fitdoesn't fit

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
Aster EWYUSDT0.0000%8h189.23+0.022%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h189.24+0.024%$300K$626K10xas long as short
Binance EWYUSDT0.0000%8h189.25+0.034%$27.6M$77.4M50xas long as short
Bybit EWYUSDT0.0000%8h189.29+0.053%$5.1M$4.3M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.25+0.032%$4.3M$4.0M50xas long as short
Gate EWY_USDT0.0000%8h189.29+0.053%$4.1M$3.9M50xas long as short
MEXC EWY_USDT0.0000%8h189.27+0.042%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h189.41+0.116%$2.7M$2.2M20xas long as short
Variational Omni EWYshort0.0000%8h189.32+0.070%$1.2M$1.1M
GRVT EWY_USDT_Perp0.0000%8h189.26+0.036%$748K$404K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h189.21+0.011%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.32+0.069%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h189.40+0.111%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.28+0.048%$1.7M$37K10xas long as short
BloFin EWY-USDT0.0000%8h189.23+0.021%$48K$214K50xas long as short
Lighter EWYlong+0.0032%1h189.19long leg$384K$40K20x
Vest EWY-USD-PERP+0.0046%1h189.20+0.005%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.31+0.063%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.35+0.085%$527K$291K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.15−0.021%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.17−0.011%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.07−0.063%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.24+0.026%$738$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.96−0.122%$202K$305K10xas long as short
Paradex EWY-USD-PERP+0.0051%8h189.28+0.049%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.15−0.021%$974K$611K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.34+0.079%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.23+0.021%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0320%1h189.12−0.037%$28K$12K20xas long as short
edgeX EWYUSDC+0.0898%4h189.15−0.022%$424K$285K20xas long as short