Funding you earn now, next payment 01:00 UTC−0.0648%/8h= −71.0% APRpaid last 24h −0.061%
Price spread now: Lighter against MEXC−0.047%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$160.161% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.047%, 7d avg −0.066%
=Together, before fees−0.111%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWY_USDT | 190.06 | 0.0680 | pay 0.0680% / 8h | 7h 45m | $7.6M | $4.5M | 100x |
| Short | Lighter EWY | 189.97 | 0.0032 | get 0.0004% / 1h | 45m 47s | $379K | $54K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- −$136.08
- Price spread: −0.047% → −0.066%
- $1.89
- Slippage, 4 orders
- −$16.13
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$150.32
- Costs to cover
- 0.161%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 19 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 MEXC live order book, 2 min ago | 0.26 bp | 0.3 bp $0 | 0.5 bp −$5 | 3.3 bp −$325 | 103.3 bp −$51.6K |
| Sell Lighter live order book, 19 min ago | 3.96 bp | 10.6 bp −$11 | 17.2 bp −$172 | 47.9 bp −$4,789 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 190.10 | +0.021% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.29 | +0.122% | $753K | $386K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.11 | +0.026% | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.24 | +0.095% | $26K | $29K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.06 | 0.000% | $1.7M | $38K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 189.97 | −0.047% | $379K | $54K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.32 | +0.137% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.18 | +0.063% | $196K | $142K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.02 | −0.021% | $52K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.01 | −0.026% | $4K | $126 | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX EWY-USD | +0.0050% | 1h | 190.06 | 0.000% | $788 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.18 | +0.063% | $242K | $213K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0066% | 1h | 190.08 | +0.011% | $2K | $13K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.00 | −0.032% | $979K | $677K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.13 | +0.037% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.14 | +0.042% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0102% | 8h | 190.25 | +0.100% | $23 | — | 5x | as long as short |
| Bybit EWYUSDT | +0.0131% | 8h | 190.15 | +0.047% | $5.3M | $4.2M | 100x | as long as short |
| tradeXYZ xyz:EWY | +0.0138% | 1h | 190.02 | −0.021% | $6.4M | $14.9M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.78 | −0.147% | $530K | $337K | 20x | as long as short |
| Bitget EWYUSDT | +0.0288% | 8h | 190.05 | −0.005% | $2.7M | $1.6M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0336% | 8h | 190.09 | +0.016% | $4.1M | $3.6M | 50x | as long as short |
| Aster EWYUSDT | +0.0551% | 8h | 190.16 | +0.055% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0650% | 8h | 190.13 | +0.034% | $1.2M | $1.3M | — | as long as short |
| BloFin EWY-USDT | +0.0653% | 8h | 190.28 | +0.116% | $47K | $214K | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0664% | 1h | 190.21 | +0.079% | $29K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0673% | 4h | 190.12 | +0.033% | $426K | $283K | 20x | as long as short |
| Extended EWY_24_5-USD | +0.0680% | 1h | 190.05 | −0.003% | $299K | $501K | 10x | as long as short |
| MEXC EWY_USDTlong | +0.0680% | 8h | 190.06 | long leg | $7.6M | $4.5M | 100x | |
| Binance EWYUSDT | +0.0681% | 8h | 190.08 | +0.010% | $28.6M | $78.6M | 50x | as long as short |
MEXC EWY_USDT
Lighter EWY
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
Deribit EWY_USDC-PERPETUAL
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Paradex EWY-USD-PERP
Bybit EWYUSDT
tradeXYZ xyz:EWY
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
edgeX EWYUSDC
Extended EWY_24_5-USD
Binance EWYUSDT