Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.055%
Price spread now: tradeXYZ against Binance−0.008%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now −0.008%, 7d avg −0.085%
=Together, before fees−0.066%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.077% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 188.80 | 0 | get 0.0000% / 8h | 2h 44m | $27.5M | $78.1M | 50x |
| Short | tradeXYZ xyz:EWY | 188.78 | 0.0050 | get 0.0006% / 1h | 44m 27s | $6.2M | $14.3M | 20x |
Binance EWYUSDT
tradeXYZ xyz:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.008% → −0.085%
- $7.7
- Slippage, 4 orders
- −$4.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$14.08
- Costs to cover
- 0.323%
- Break-even
- 16.4 days
Slippage from Binance: live order book, 13 min ago; tradeXYZ: 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, 13 min ago | 0.26 bp | 5.3 bp −$5 | 6.7 bp −$67 | 19.3 bp −$1,932 | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.79 bp | 10.9 bp −$11 | 12.3 bp −$123 | 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 | −0.0064% | 1h | 188.78 | −0.008% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.81 | +0.009% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.86 | +0.034% | $299K | $425K | 10x | as long as short |
| Binance EWYUSDTlong | 0.0000% | 8h | 188.80 | long leg | $27.5M | $78.1M | 50x | |
| Bybit EWYUSDT | 0.0000% | 8h | 188.89 | +0.050% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.86 | +0.034% | $4.2M | $4.1M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.93 | +0.071% | $4.1M | $4.0M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.91 | +0.061% | $6.2M | $3.8M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.89 | +0.050% | $2.7M | $2.3M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.94 | +0.077% | $1.2M | $1.1M | — | as long as short |
Hotstuff EWY-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.86 | +0.036% | $747K | $412K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.90 | +0.055% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 188.96 | +0.087% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.14 | +0.182% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.95 | +0.082% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0016% | 8h | 188.96 | +0.087% | $48K | $215K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.82 | +0.013% | $383K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 188.40 | −0.210% | $524K | $285K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.77 | −0.014% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.83 | +0.018% | $197K | $148K | 20x | as long as short |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 188.78 | −0.008% | $6.2M | $14.3M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 188.86 | +0.034% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.64 | −0.082% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.91 | +0.061% | $733 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.75 | −0.024% | $204K | $306K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0052% | 8h | 188.92 | +0.066% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.85 | +0.029% | $973K | $609K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.81 | +0.008% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.98 | +0.098% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0717% | 4h | 188.90 | +0.053% | $423K | $285K | 20x | as long as short |
GRVT EWY_USDT_Perp
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
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
edgeX EWYUSDC