Funding you earn now, next payment 08:00 UTC+0.0288%/8h= +31.6% APRnext payment +$2.88 per $10,000 · paid last 24h +0.047%
Price spread now: Binance against Bitget+0.003%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 2 days (all we have)−0.015%−$2 · spread now +0.003%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.88 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 | Bitget EWYUSDT | 189.91 | 0.0168 | pay 0.0168% / 8h | 6h 25m | $2.8M | $1.9M | 20x |
| Short | Binance EWYUSDT | 189.92 | 0.0456 | get 0.0456% / 8h | 6h 25m | $28.4M | $77.5M | 50x |
Bitget EWYUSDT
Binance EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $60.55
- Price spread: +0.003% → −0.009%
- $1.22
- Slippage, 4 orders
- −$4.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $35.57
- Costs to cover
- 0.262%
- Break-even
- 2.9 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 2 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 Bitget live order book, 2 min ago | 0.79 bp | 8.4 bp −$8 | 12.0 bp −$120 | 26.1 bp −$2,608 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.26 bp | 5.3 bp −$5 | 6.9 bp −$69 | 19.3 bp −$1,927 | doesn't fit |
EWY on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0013% | 1h | 189.86 | −0.026% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.95 | +0.021% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.93 | +0.011% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.90 | −0.007% | $750K | $386K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.86 | −0.026% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.80 | −0.058% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.91 | 0.000% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.81 | −0.053% | $385K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.04 | +0.068% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.91 | 0.000% | $197K | $146K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.56 | −0.184% | $529K | $333K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.82 | −0.047% | $6.2M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.82 | −0.047% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.73 | −0.095% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.93 | +0.011% | $673 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.89 | −0.011% | $198K | $267K | 10x | as long as short |
| edgeX EWYUSDC | +0.0052% | 4h | 189.94 | +0.013% | $426K | $282K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 189.93 | +0.010% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.80 | −0.058% | $978K | $633K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.86 | −0.026% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.93 | +0.011% | $2K | $1K | 20x | as long as short |
| Bitget EWYUSDTlong | +0.0168% | 8h | 189.91 | long leg | $2.8M | $1.9M | 20x | |
| OKX EWY-USDT-SWAP | +0.0192% | 8h | 189.95 | +0.021% | $4.1M | $3.5M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0248% | 1h | 189.86 | −0.026% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0362% | 8h | 189.94 | +0.017% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0434% | 8h | 189.98 | +0.039% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0456% | 1h | 189.89 | −0.011% | $302K | $670K | 10x | as long as short |
| Binance EWYUSDTshort | +0.0456% | 8h | 189.92 | +0.003% | $28.4M | $77.5M | 50x | |
| MEXC EWY_USDT | +0.0459% | 8h | 189.94 | +0.016% | $7.0M | $4.2M | 100x | as long as short |
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
edgeX EWYUSDC
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
MEXC EWY_USDT