Funding you earn now, next payment 00:00 UTC−0.0470%/8h= −51.4% APRnext payment −$4.70 per $10,000 · paid last 24h −0.002%
Price spread now: Phemex against Aster+0.080%7-day average +0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.080%, 7d avg +0.011%
=Together, before fees−0.268%+ Points / potential airdropAster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.069% dearer against Aster than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.011%): +$7 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.159% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.159% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.70 per $10,000. 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 | Aster EWYUSDT | 189.12 | 0.0470 | pay 0.0470% / 8h | 1h 25m | $293K | $12K | 20x |
| Short | Phemex EWYUSDT | 189.27 | 0 | get 0.0000% / 8h | 1h 25m | $1.7M | $37K | 10x |
Aster EWYUSDT
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aster. 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
- −$98.62
- Price spread: +0.080% → +0.011%
- $6.85
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$111.77
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 56 min ago; Phemex: live order book, 2 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 Aster live order book, 56 min ago | 2.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.59 bp | 54.2 bp −$54 | doesn't fit | doesn't fit | 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 | −0.0024% | 1h | 189.23 | +0.059% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.26 | +0.074% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.90 | −0.116% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 189.27 | +0.080% | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 189.13 | +0.006% | $377K | $95K | 20x | as long as short |
| Bybit EWYUSDT | +0.0043% | 8h | 189.40 | +0.149% | $5.2M | $4.1M | 100x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.27 | +0.080% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.27 | +0.080% | $194K | $138K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.21 | +0.048% | $6.4M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.12 | 0.000% | $49K | $36K | 25x | as long as short |
Hotstuff EWY-PERP
Gate EWY_USDT
SunX EWY-USDT
Lighter EWY
Bybit EWYUSDT
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.10 | −0.010% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.27 | +0.080% | $781 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.18 | +0.032% | $221K | $182K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.15 | +0.016% | $959K | $725K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.03 | −0.047% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.27 | +0.080% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.19 | +0.037% | $525K | $332K | 20x | as long as short |
| edgeX EWYUSDC | +0.0143% | 4h | 189.24 | +0.065% | $424K | $273K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0144% | 8h | 189.41 | +0.151% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0171% | 8h | 189.31 | +0.101% | $2.5M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0207% | 8h | 189.32 | +0.106% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0228% | 8h | 189.34 | +0.117% | $4.0M | $4.1M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0384% | 1h | 189.26 | +0.074% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDTlong | +0.0470% | 8h | 189.12 | long leg | $293K | $12K | 20x | |
| Variational Omni EWY | +0.0513% | 8h | 189.11 | −0.004% | $1.4M | $899K | — | as long as short |
| MEXC EWY_USDT | +0.0570% | 8h | 189.27 | +0.080% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0575% | 8h | 189.27 | +0.080% | $28.5M | $79.4M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0576% | 1h | 189.24 | +0.062% | $304K | $403K | 10x | as long as short |
| BloFin EWY-USDT | +0.0580% | 8h | 189.25 | +0.069% | $47K | $214K | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0654% | 8h | 189.31 | +0.102% | $749K | $401K | 10x | as long as short |
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
edgeX EWYUSDC
Paradex EWY-USD-PERP
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Variational Omni EWY
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT
GRVT EWY_USDT_Perp