Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG137.62−0.0050get 0.0050% / 8h7h 51m$968K$1.5M—Long BingX
SHORT137.39+0.0405get 0.0051% / 1h51m 39s$422K$822K20xShort 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 forecast
Funding−$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 · history
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

/8h

EWY on 33 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size5.4 / 15.7 bp
    At $10k entering Deribit costs 15.7 bp, fee and slippage, 2.9× BingX’s.
  • Note: Margin at max leverage— + $500
    BingX —, Deribit 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments 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 OI
    Deribit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBingX Yes · Deribit Yes
    Advanced 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 out
Position, each leg
Hold for
Orders
Price spread
Funding 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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

Alert

EWY news

posts that mention EWY or iShares MSCI South Korea ETF, from every exchange
10-28 04:08SoDEXOther🇰🇷 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 12:48Polymarket PerpsOtherJUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗
10-15 11:40Kraken FuturesListingnew market PF_EWYUSD ($EWY) seen by our collector
09-25 19:30Vest MarketsOtherTrade $EWY volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
09-25 19:30Vest MarketsOtherHeading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗
09-18 15:04EntropyListingNew listing: iShares MSCI South Korea ETF ($EWY) at 25x Leverage. @entropyIO on X ↗