Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter against Vest+0.081%7-day average −0.130% · 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)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.081%, 7d avg −0.130%
=Together, before fees−0.178%+ Points / potential airdropVest: Active · Lighter: Season 3 · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.211% dearer against Vest than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.130%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest EWY-USD-PERP | 185.31 | −0.0018 | get 0.0002% / 1h | 34m 55s | — | $235K | 25x |
| Short | Lighter EWY | 185.46 | 0.0032 | get 0.0004% / 1h | 34m 55s | $376K | $40K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Vest. 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
- $10.58
- Price spread: +0.081% → −0.130%
- $21.06
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $29.65
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 54 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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 54 min ago | 2.41 bp | 10.1 bp −$10 | 14.6 bp −$146 | 45.5 bp −$4,553 | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0522% | 8h | 185.70 | +0.210% | $3.1M | $2.6M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0240% | 1h | 185.57 | +0.140% | $27K | $16K | 20x | as long as short |
| Vest EWY-USD-PERPlong | −0.0018% | 1h | 185.31 | long leg | — | $235K | 25x | |
| BloFin EWY-USDT | −0.0017% | 8h | 185.66 | +0.189% | $48K | $219K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.72 | +0.221% | $288K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.60 | +0.156% | $239K | $916K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 185.65 | +0.181% | $26.9M | $82.1M | 50x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.64 | +0.178% | $4.1M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.70 | +0.210% | $4.1M | $4.4M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 185.63 | +0.173% | $7.6M | $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 EWY | 0.0000% | 8h | 185.61 | +0.164% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 185.76 | +0.244% | $728K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 185.77 | +0.248% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 185.69 | +0.205% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 185.66 | +0.189% | $1.6M | $37K | 10x | as long as short |
| Lighter EWYshort | +0.0032% | 1h | 185.46 | +0.081% | $376K | $40K | 20x | |
| Popdex EWYUSDT | +0.0048% | 1h | 185.65 | +0.183% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 185.51 | +0.108% | $6.2M | $14.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 185.56 | +0.135% | $141K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 185.46 | +0.081% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 185.63 | +0.173% | $742 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 185.58 | +0.146% | $234K | $334K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 185.60 | +0.154% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.63 | +0.173% | $955K | $621K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 185.65 | +0.183% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.67 | +0.194% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 185.80 | +0.264% | $515K | $250K | 20x | as long as short |
| Bybit EWYUSDT | +0.0127% | 8h | 185.69 | +0.205% | $4.9M | $4.8M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0289% | 1h | 185.60 | +0.156% | $3K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0794% | 4h | 185.74 | +0.233% | $416K | $285K | 20x | as long as short |
Lighter EWY
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC