Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against SoDEX−0.063%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.063% cheaper against SoDEX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX EWY-USD | 190.64 | 0.0050 | pay 0.0006% / 1h | 8m 30s | $753 | $4K | 10x |
| Short | Lighter EWY | 190.52 | 0.0032 | get 0.0004% / 1h | 8m 30s | $386K | $39K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- −$3.78
- Price spread: −0.063% → 0.000%
- −$6.29
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$18.07
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 41 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 41 min ago | 2.63 bp | 6.6 bp −$7 | 11.0 bp −$110 | 43.2 bp −$4,319 | doesn't fit |
SoDEX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.63 | −0.005% | $5.1M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.63 | −0.005% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.66 | +0.010% | $754K | $396K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.63 | −0.005% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.72 | +0.042% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.63 | −0.005% | $1.7M | $37K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0012% | 1h | 190.65 | +0.005% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0013% | 8h | 190.64 | −0.001% | $296K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0014% | 8h | 190.60 | −0.021% | $4.1M | $3.3M | 50x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 190.52 | −0.063% | $386K | $39K | 20x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 190.58 | −0.031% | $532K | $297K | 20x | as long as short |
| Bitget EWYUSDT | +0.0044% | 8h | 190.59 | −0.026% | $2.7M | $2.0M | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.76 | +0.063% | — | $220K | 25x | as long as short |
| Hotstuff EWY-PERP | +0.0048% | 1h | 190.55 | −0.047% | $29K | $12K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.57 | −0.037% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.50 | −0.073% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.55 | −0.047% | $30K | $66K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.38 | −0.136% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USDlong | +0.0050% | 1h | 190.64 | long leg | $753 | $4K | 10x | |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.43 | −0.110% | $201K | $266K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0052% | 8h | 190.61 | −0.016% | $23 | — | 5x | as long as short |
| Variational Omni EWY | +0.0054% | 8h | 190.62 | −0.011% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0091% | 8h | 190.57 | −0.034% | $28.1M | $76.4M | 50x | as long as short |
| MEXC EWY_USDT | +0.0093% | 8h | 190.55 | −0.047% | $6.5M | $3.9M | 100x | as long as short |
| BloFin EWY-USDT | +0.0094% | 8h | 190.61 | −0.016% | $48K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0096% | 1h | 190.55 | −0.049% | $301K | $669K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.56 | −0.042% | $982K | $617K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.56 | −0.042% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.64 | 0.000% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0824% | 4h | 190.63 | −0.007% | $427K | $283K | 20x | as long as short |
SoDEX EWY-USD
Lighter EWY
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
OKX EWY-USDT-SWAP
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
Paradex EWY-USD-PERP
Variational Omni EWY
Binance EWYUSDT
MEXC EWY_USDT
BloFin EWY-USDT
Extended EWY_24_5-USD
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
edgeX EWYUSDC