Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.040%
Price spread now: KuCoin against Binance−0.150%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$358as in the Price arb table
costs, in and out, $10k−$3493.493% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.150%, 7d avg −0.063%
=Funding pays, the price is against you. KuCoin is 0.087% cheaper against Binance than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.063%). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.030% in total) that is about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 188.52 | 0 | get 0.0000% / 8h | 2h 02m | $27.4M | $81.4M | 50x |
| Short | KuCoin EWYUSDTM | 188.24 | 0.0100 | get 0.0100% / 8h | 2h 02m | $969K | $598K | 20x |
Binance EWYUSDT
KuCoin EWYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.150% → −0.063%
- −$8.7
- Slippage, 4 orders
- −$327.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$337
- Costs to cover
- 3.493%
- Break-even
- 119.3 days
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 37 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, 10 min ago | 0.27 bp | 5.9 bp −$6 | 8.3 bp −$83 | 21.8 bp −$2,182 | doesn't fit |
| Sell KuCoin live order book, 37 min ago | 5.86 bp | 154.0 bp −$154 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0122% | 8h | 188.54 | +0.009% | $2.7M | $2.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.54 | +0.010% | $292K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.49 | −0.015% | $241K | $500K | 10x | as long as short |
| Binance EWYUSDTlong | 0.0000% | 8h | 188.52 | long leg | $27.4M | $81.4M | 50x | |
| Bybit EWYUSDT | 0.0000% | 8h | 188.53 | +0.004% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.39 | −0.070% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.57 | +0.025% | $4.1M | $4.2M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.54 | +0.009% | $8.9M | $4.2M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.57 | +0.026% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.57 | +0.025% | $746K | $423K | 10x | as long as short |
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Bybit EWYUSDT
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 | 188.49 | −0.017% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 188.46 | −0.033% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.45 | −0.038% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.51 | −0.006% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0018% | 8h | 188.42 | −0.054% | $47K | $216K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.36 | −0.086% | $382K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 188.39 | −0.070% | $523K | $278K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.30 | −0.118% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.43 | −0.049% | $198K | $150K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.41 | −0.060% | $6.3M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.37 | −0.081% | $126K | $111K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.24 | −0.150% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.50 | −0.012% | $741 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.33 | −0.102% | $216K | $319K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 188.45 | −0.041% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 188.24 | −0.150% | $969K | $598K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.41 | −0.060% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.49 | −0.017% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0512% | 1h | 188.34 | −0.097% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0532% | 4h | 188.47 | −0.027% | $423K | $285K | 20x | as long as short |
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
edgeX EWYUSDC