Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin+0.021%51s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.239% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.021%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.031% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EWY-USDT | 190.35 | 0.0219 | pay 0.0219% / 8h | 5h 08m | $48K | $214K | 50x |
| Short | Binance EWYUSDT | 190.39 | 0.0234 | get 0.0234% / 8h | 5h 08m | $28.4M | $76.8M | 50x |
BloFin EWY-USDT
Binance EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $3.24
- Price spread: +0.021% → −0.010%
- $3.06
- Slippage, 4 orders
- −$1.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$17.61
- Costs to cover
- 0.239%
- Break-even
- 45.1 days
Slippage from BloFin: live order book, 30 min ago; Binance: live order book, 4 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 BloFin live order book, 30 min ago | 0.53 bp | 6.5 bp −$7 | 8.0 bp −$80 | 14.4 bp −$1,439 | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.26 bp | 5.4 bp −$5 | 7.0 bp −$70 | 19.9 bp −$1,986 | 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 | −0.0128% | 1h | 190.26 | −0.047% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.44 | +0.047% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.40 | +0.026% | $4.2M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.41 | +0.033% | $753K | $392K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.33 | −0.011% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.31 | −0.021% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.39 | +0.021% | $531K | $315K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.43 | +0.042% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.32 | −0.016% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.25 | −0.053% | $386K | $39K | 20x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.48 | +0.068% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.39 | +0.021% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.30 | −0.026% | $6.1M | $13.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.25 | −0.053% | $51K | $56K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.20 | −0.079% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.31 | −0.021% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.24 | −0.058% | $201K | $267K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 190.35 | 0.000% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0068% | 8h | 190.40 | +0.026% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.34 | −0.005% | $981K | $628K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.49 | +0.074% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.41 | +0.032% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0100% | 8h | 190.42 | +0.037% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0161% | 8h | 190.39 | +0.022% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0204% | 8h | 190.31 | −0.022% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDTlong | +0.0219% | 8h | 190.35 | long leg | $48K | $214K | 50x | |
| Binance EWYUSDTshort | +0.0234% | 8h | 190.39 | +0.021% | $28.4M | $76.8M | 50x | |
| MEXC EWY_USDT | +0.0237% | 8h | 190.37 | +0.011% | $6.5M | $4.2M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0240% | 1h | 190.35 | −0.001% | $302K | $665K | 10x | as long as short |
| edgeX EWYUSDC | +0.0560% | 4h | 190.34 | −0.004% | $427K | $283K | 20x | as long as short |
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
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
MEXC EWY_USDT
Extended EWY_24_5-USD
edgeX EWYUSDC