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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 189.19 | 0.0032 | pay 0.0004% / 1h | 15m 30s | $384K | $40K | 20x |
| Short | Variational Omni EWY | 189.32 | 0 | get 0.0000% / 8h | 3h 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 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: +0.070% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 29 min ago | 2.64 bp | 4.8 bp −$5 | 16.3 bp −$163 | 48.1 bp −$4,814 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.22 bp | doesn't fit | 7.0 bp −$70 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | 0.0000% | 8h | 189.23 | +0.022% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 189.24 | +0.024% | $300K | $626K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 189.25 | +0.034% | $27.6M | $77.4M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.29 | +0.053% | $5.1M | $4.3M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.25 | +0.032% | $4.3M | $4.0M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.29 | +0.053% | $4.1M | $3.9M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 189.27 | +0.042% | $6.2M | $3.8M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.41 | +0.116% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWYshort | 0.0000% | 8h | 189.32 | +0.070% | $1.2M | $1.1M | — | |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.26 | +0.036% | $748K | $404K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 189.21 | +0.011% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.32 | +0.069% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.40 | +0.111% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.28 | +0.048% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | 0.0000% | 8h | 189.23 | +0.021% | $48K | $214K | 50x | as long as short |
| Lighter EWYlong | +0.0032% | 1h | 189.19 | long leg | $384K | $40K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.20 | +0.005% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.31 | +0.063% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.35 | +0.085% | $527K | $291K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.15 | −0.021% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.17 | −0.011% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.07 | −0.063% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.24 | +0.026% | $738 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.96 | −0.122% | $202K | $305K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0051% | 8h | 189.28 | +0.049% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.15 | −0.021% | $974K | $611K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.34 | +0.079% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.23 | +0.021% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0320% | 1h | 189.12 | −0.037% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0898% | 4h | 189.15 | −0.022% | $424K | $285K | 20x | as long as short |
Lighter EWY
Variational Omni EWY
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
edgeX EWYUSDC