Funding you earn now, next payment 00:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.067%81s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.241% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 2 days (all we have)+0.100%+$10 · spread now −0.067%, 7d avg +0.007%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.074% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.007%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 189.79 | 0.0676 | pay 0.0676% / 8h | 21m 48s | $28.5M | $79.9M | 50x |
| Short | BloFin EWY-USDT | 189.66 | 0.0654 | get 0.0654% / 8h | 21m 48s | $47K | $214K | 50x |
Binance EWYUSDT
BloFin EWY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$4.59
- Price spread: −0.067% → +0.007%
- −$7.36
- Slippage, 4 orders
- −$2.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$36.09
- Costs to cover
- 0.241%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 48 min ago.
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 Binance live order book, 6 min ago | 0.26 bp | 6.0 bp −$6 | 8.0 bp −$80 | 20.9 bp −$2,087 | doesn't fit |
| Sell BloFin live order book, 48 min ago | 0.26 bp | 6.6 bp −$7 | 8.8 bp −$88 | 16.7 bp −$1,670 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.76 | −0.014% | $3.4M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.51 | −0.146% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.75 | −0.019% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.68 | −0.056% | $377K | $62K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.78 | −0.003% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.75 | −0.019% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.58 | −0.109% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.59 | −0.103% | $4K | $81 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.71 | −0.040% | $773 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.43 | −0.188% | $243K | $206K | 10x | as long as short |
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.PShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.64 | −0.077% | $966K | $692K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.63 | −0.082% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.72 | −0.035% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0140% | 8h | 189.73 | −0.029% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.63 | −0.082% | $528K | $340K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0161% | 1h | 189.77 | −0.009% | $6.7M | $14.7M | 20x | as long as short |
| Bybit EWYUSDT | +0.0163% | 8h | 189.86 | +0.039% | $5.3M | $4.2M | 100x | as long as short |
| HTX EWY-USDT | +0.0216% | 8h | 189.65 | −0.072% | $36K | $8K | 20x | as long as short |
| Bitget EWYUSDT | +0.0216% | 8h | 189.85 | +0.034% | $2.6M | $1.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0277% | 1h | 189.81 | +0.012% | $2K | $13K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0317% | 8h | 189.86 | +0.039% | $4.0M | $4.1M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0376% | 1h | 189.63 | −0.082% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0550% | 8h | 189.65 | −0.071% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0641% | 8h | 189.61 | −0.091% | $1.5M | $983K | — | as long as short |
| BloFin EWY-USDTshort | +0.0654% | 8h | 189.66 | −0.067% | $47K | $214K | 50x | |
| GRVT EWY_USDT_Perp | +0.0656% | 8h | 189.61 | −0.091% | $750K | $394K | 10x | as long as short |
| Extended EWY_24_5-USD | +0.0672% | 1h | 189.74 | −0.026% | $298K | $396K | 10x | as long as short |
| MEXC EWY_USDT | +0.0674% | 8h | 189.78 | −0.003% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDTlong | +0.0676% | 8h | 189.79 | long leg | $28.5M | $79.9M | 50x | |
| edgeX EWYUSDC | +0.0981% | 4h | 189.61 | −0.090% | $425K | $274K | 20x | as long as short |
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Bybit EWYUSDT
HTX EWY-USDT
Bitget EWYUSDT
Deribit EWY_USDC-PERPETUAL
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Aster EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_Perp
Extended EWY_24_5-USD
MEXC EWY_USDT
edgeX EWYUSDC