Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h −0.057%
Price spread now: Coinbase International against Binance+0.038%7-day average −0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.038%, 7d avg −0.072%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.110% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 185.73 | 0 | get 0.0000% / 8h | 7h 38m | $26.9M | $82.1M | 50x |
| Short | Coinbase International EWY-PERP-INTX | 185.80 | 0.0112 | get 0.0014% / 1h | 38m 44s | $515K | $250K | 20x |
Binance EWYUSDT
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $23.52
- Price spread: +0.038% → −0.072%
- $10.97
- Slippage, 4 orders
- −$3.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $11.26
- Costs to cover
- 0.232%
- Break-even
- 3.7 days
Slippage from Binance: live order book, 4 min ago; Coinbase International: live order book, 59 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, 4 min ago | 0.27 bp | 5.7 bp −$6 | 6.7 bp −$67 | 18.6 bp −$1,860 | doesn't fit |
| Sell Coinbase International live order book, 59 min ago | 0.54 bp | 6.3 bp −$6 | 11.0 bp −$110 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0538% | 8h | 185.69 | −0.022% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0020% | 1h | 185.44 | −0.156% | — | $235K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.88 | +0.082% | $288K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.70 | −0.018% | $240K | $916K | 10x | as long as short |
| Binance EWYUSDTlong | 0.0000% | 8h | 185.73 | long leg | $26.9M | $82.1M | 50x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.70 | −0.016% | $4.1M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.78 | +0.027% | $4.1M | $4.4M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 185.67 | −0.032% | $7.6M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 185.76 | +0.018% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 185.93 | +0.109% | $728K | $421K | 10x | as long as short |
Bitget EWYUSDT
Vest EWY-USD-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 185.87 | +0.075% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.06 | +0.178% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 185.73 | 0.000% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0029% | 8h | 185.74 | +0.005% | $48K | $218K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 185.51 | −0.118% | $376K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 185.76 | +0.016% | $197K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 185.53 | −0.108% | $6.2M | $14.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 185.65 | −0.043% | $141K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 185.60 | −0.070% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 185.72 | −0.005% | $745 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 185.72 | −0.005% | $234K | $334K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 185.64 | −0.049% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.70 | −0.016% | $956K | $621K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 185.78 | +0.027% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.81 | +0.043% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0112% | 1h | 185.80 | +0.038% | $515K | $250K | 20x | |
| Bybit EWYUSDT | +0.0132% | 8h | 185.74 | +0.005% | $4.9M | $4.8M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0181% | 1h | 185.72 | −0.005% | $3K | $15K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0224% | 1h | 185.65 | −0.043% | $27K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0344% | 4h | 185.79 | +0.033% | $417K | $285K | 20x | as long as short |
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Bybit EWYUSDT
Deribit EWY_USDC-PERPETUAL
Hotstuff EWY-PERP
edgeX EWYUSDC