EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0703%/8h= −77.0% APRnext payment −$7.03 per $10,000 · paid last 24h −0.013%

Price spread now: Gate against Binance+0.021%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.332% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.203%−$20 on $10k

Price spread, last 2 days (all we have)+0.007%+$1 · spread now +0.021%, 7d avg −0.006%

Together, before fees−0.196%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.027% dearer against Binance than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.006%): +$3 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.203% in total) that is about 23 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.203% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.03 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	Binance EWYUSDT	189.59	0.0703	pay 0.0703% / 8h	7h 58m	$28.5M	$79.7M	50x
Short	Gate EWY_USDT	189.63	0	get 0.0000% / 8h	7h 58m	$4.1M	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now +0.021%Rate

Funding earned: −$147.64
Price spread: +0.021% → −0.006%: $2.72
Slippage, 4 orders: −$8.24
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$178.15
Costs to cover: 0.332%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Gate: live order book, 5 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, 14 min ago	0.26 bp	5.9 bp −$6	8.7 bp −$87	21.4 bp −$2,145	doesn't fit
Sell Gate live order book, 5 min ago	1.58 bp	11.2 bp −$11	28.8 bp −$288	43.1 bp −$4,312	78.4 bp −$39.2K

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
Polymarket Perps EWY-USD	−0.0093%	1h	189.45	−0.074%	$4K	$117	20x	as long as short
Entropy io:EWY	−0.0038%	1h	189.60	+0.005%	$51K	$57K	25x	as long as short
Bybit EWYUSDT	0.0000%	8h	189.63	+0.021%	$5.3M	$4.2M	100x	as long as short
Gate EWY_USDTshort	0.0000%	8h	189.63	+0.021%	$4.1M	$3.2M	50x
SunX EWY-USDT	0.0000%	8h	189.64	+0.026%	—	$2.7M	20x	as long as short
Deribit EWY_USDC-PERPETUAL	0.0000%	1h	189.58	−0.005%	$2K	$13K	20x	as long as short
HTX EWY-USDT	0.0000%	8h	189.66	+0.037%	$37K	$8K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	189.64	+0.026%	$1.7M	$37K	10x	as long as short
Lighter EWY	+0.0032%	1h	189.55	−0.021%	$377K	$53K	20x	as long as short
Vest EWY-USD-PERP	+0.0046%	1h	189.53	−0.032%	—	$220K	25x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex EWYUSDT	+0.0048%	1h	189.55	−0.021%	$195K	$143K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	189.61	+0.011%	$6.6M	$15.2M	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	189.61	+0.011%	$778	$3K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	189.52	−0.037%	$243K	$215K	10x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	189.59	0.000%	$966K	$681K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	189.78	+0.100%	$13K	$263K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	189.54	−0.026%	$2K	$1K	20x	as long as short
Paradex EWY-USD-PERP	+0.0117%	8h	189.61	+0.011%	$23	—	5x	as long as short
Coinbase International EWY-PERP-INTX	+0.0144%	1h	189.15	−0.232%	$528K	$339K	20x	as long as short
Bitget EWYUSDT	+0.0230%	8h	189.63	+0.021%	$2.7M	$1.6M	20x	as long as short
Hotstuff EWY-PERP	+0.0232%	1h	189.62	+0.016%	$28K	$12K	20x	as long as short
OKX EWY-USDT-SWAP	+0.0333%	8h	189.64	+0.026%	$4.1M	$4.1M	50x	as long as short
Aster EWYUSDT	+0.0570%	8h	189.73	+0.074%	$294K	$12K	20x	as long as short
GRVT EWY_USDT_Perp	+0.0652%	8h	189.78	+0.102%	$751K	$383K	10x	as long as short
Variational Omni EWY	+0.0672%	8h	189.66	+0.037%	$1.2M	$1.3M	—	as long as short
Binance EWYUSDTlong	+0.0703%	8h	189.59	long leg	$28.5M	$79.7M	50x
Extended EWY_24_5-USD	+0.0704%	1h	189.56	−0.013%	$299K	$390K	10x	as long as short
MEXC EWY_USDT	+0.0704%	8h	189.62	+0.016%	$7.4M	$4.4M	100x	as long as short
BloFin EWY-USDT	+0.0727%	8h	189.53	−0.032%	$47K	$214K	50x	as long as short
edgeX EWYUSDC	+0.0738%	4h	189.64	+0.025%	$425K	$276K	20x	as long as short