Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 137.62 | −0.0050 | get 0.0050% / 8h | 7h 51m | $968K | $1.5M | — | Long BingX | |
| SHORT | 137.39 | +0.0405 | get 0.0051% / 1h | 51m 39s | $422K | $822K | 20x | Short Deribit |
Price gap−0.167%
Funding gap+0.0455% /8h
Funding pays +$14 a day on $10k, but the gap is 0.031% under its 7d average: −$3 if it goes back, about 6 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8+0.0455% /8h now · paid −0.080% over the last 7D
Price−$3spread −0.167% now, avg −0.136% → −0.031% if it goes back
Costs−$410.414% of $10k · taker + slippage, in and out
Result−$53−0.53%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.080% in total, about −0.0038%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.167%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hEWY on 33 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size5.4 / 15.7 bpAt $10k entering Deribit costs 15.7 bp, fee and slippage, 2.9× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Deribit 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$13.67Long BingX: 3 payments, +$1.50; short Deribit: 24 payments, +$12.17.
- Watch: Gap narrower than usual−0.167% vs −0.136%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$422K vs $968K OIDeribit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Deribit YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0038%/8h × 21 periods−$7.98
Price spread−0.167% → −0.136% (7d avg)−$3.14
Slippage, 4 orderslive order books−$24.42
Fee BingX bp × 2 orders−$10.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k−$52.54
Costs to cover0.414%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; Deribit: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.365.4 bp−$56.4 bp−$6413.1 bp−$1,31185.0 bp−$42.5K
SELL · SHORTDeribit2.5115.7 bp−$1622.5 bp−$225doesn’t fitdoesn’t fit
Closing costs about the same again.
EWY news
posts that mention EWY or iShares MSCI South Korea ETF, from every exchange| 10-28 04:08 | SoDEX | Other | 🇰🇷 KOREAN STOCKS ARE ON FIRE! 🚀🔥 SK hynix delivers blockbuster Q3 earnings! 📈 Revenue +328% YoY 💰 Operating profit +631% YoY 🔥 KOSPI +5.8% as AI chip demand fuels the rally! 🚀 Catch the Korean market momentum on SoDEX! 📊 4 Trading Opportunities: 🔥 $SKHX +3.77% — 2× Long SK hynix ETF 🔥 $SKHY +1.92% — SK hynix ADR 🔥 $EWY +3.10% — South Korea ETF 🚀 $KORU +8.91% — 3× Leveraged South Korea ETF 👀 Will the AI-driven rally continue? 👉 Trade now: ETF/ADR changes: Oct 27 U.S. close. KOSPI: Oct 28, 11:20 AM KST. @sodex_official on X ↗ |
| 10-19 12:48 | Polymarket Perps | Other | JUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗ |
| 10-15 11:40 | Kraken Futures | Listing | new market PF_EWYUSD ($EWY) seen by our collector |
| 09-25 19:30 | Vest Markets | Other | Trade $EWY volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-25 19:30 | Vest Markets | Other | Heading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗ |
| 09-18 15:04 | Entropy | Listing | New listing: iShares MSCI South Korea ETF ($EWY) at 25x Leverage. @entropyIO on X ↗ |


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