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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY186.480get 0.0000% / 8h3m 06s$1.1M$1.1M
ShortLighter EWY186.310.0032get 0.0004% / 1h3m 06s$378K$40K20x

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 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: −0.091% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago2.22 bpdoesn't fit7.3 bp −$73doesn't fitdoesn't fit
Sell Lighter live order book, 26 min ago2.41 bp10.1 bp −$1014.6 bp −$14645.5 bp −$4,553doesn'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
Hotstuff EWY-PERP−4.4720%1h186.32−0.086%$28K$15K20xas long as short
Bitget EWYUSDT−0.0608%8h186.57+0.048%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0030%1h185.90−0.311%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.50+0.013%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.41−0.039%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.49+0.003%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.51+0.016%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.480.000%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.53+0.027%$4.1M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h186.47−0.005%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWYlong0.0000%8h186.48long leg$1.1M$1.1M
GRVT EWY_USDT_Perp0.0000%8h186.51+0.017%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.31−0.091%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.070%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.50+0.011%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0006%8h186.47−0.005%$48K$217K50xas long as short
Lighter EWYshort+0.0032%1h186.31−0.091%$378K$40K20x
Popdex EWYUSDT+0.0048%1h186.480.000%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.33−0.080%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.31−0.091%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.30−0.096%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.46−0.011%$745$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.28−0.107%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49+0.005%$517K$250K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.42−0.031%$225xas long as short
Deribit EWY_USDC-PERPETUAL+0.0072%1h186.40−0.043%$2K$14K20xas long as short
KuCoin EWYUSDTM+0.0100%8h186.36−0.064%$960K$602K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.50+0.011%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.45−0.016%$2K$1K20xas long as short
edgeX EWYUSDC+0.0442%4h186.45−0.017%$418K$286K20xas long as short