Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.058%
Price spread now: Lighter against Variational Omni−0.091%7-day average −0.061% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.091%, 7d avg −0.061%
=Together, before fees−0.085%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.030% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.061%). If the spread goes back, that is −$3 on $10k: about 3.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni EWY | 186.48 | 0 | get 0.0000% / 8h | 3m 06s | $1.1M | $1.1M | — |
| Short | Lighter EWY | 186.31 | 0.0032 | get 0.0004% / 1h | 3m 06s | $378K | $40K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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: −0.091% → −0.061%
- −$3.02
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $3.7
- Costs to cover
- 0.000%
- Break-even
- 3.2 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Lighter: live order book, 26 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 Variational Omni RFQ quote, 1 min ago | 2.22 bp | doesn't fit | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 26 min ago | 2.41 bp | 10.1 bp −$10 | 14.6 bp −$146 | 45.5 bp −$4,553 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −4.4720% | 1h | 186.32 | −0.086% | $28K | $15K | 20x | as long as short |
| Bitget EWYUSDT | −0.0608% | 8h | 186.57 | +0.048% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0030% | 1h | 185.90 | −0.311% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.50 | +0.013% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.41 | −0.039% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.49 | +0.003% | $27.0M | $83.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.51 | +0.016% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.48 | 0.000% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.53 | +0.027% | $4.1M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.47 | −0.005% | $7.9M | $4.4M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWYlong | 0.0000% | 8h | 186.48 | long leg | $1.1M | $1.1M | — | |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.51 | +0.017% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.31 | −0.091% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.61 | +0.070% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.50 | +0.011% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0006% | 8h | 186.47 | −0.005% | $48K | $217K | 50x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 186.31 | −0.091% | $378K | $40K | 20x | |
| Popdex EWYUSDT | +0.0048% | 1h | 186.48 | 0.000% | $198K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.33 | −0.080% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.31 | −0.091% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.30 | −0.096% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.46 | −0.011% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.28 | −0.107% | $233K | $335K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.49 | +0.005% | $517K | $250K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.42 | −0.031% | $22 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0072% | 1h | 186.40 | −0.043% | $2K | $14K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.36 | −0.064% | $960K | $602K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.50 | +0.011% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.45 | −0.016% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0442% | 4h | 186.45 | −0.017% | $418K | $286K | 20x | as long as short |
Variational Omni EWY
Lighter EWY
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
edgeX EWYUSDC