Funding you earn now, next payment 08:00 UTC−0.0437%/8h= −47.9% APRnext payment −$4.37 per $10,000 · paid last 24h −0.042%
Price spread now: Bitget against BloFin+0.032%85s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as 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−$300.302% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.032%, 7d avg −0.001%
=The price spread pays, funding is against you. Bitget is 0.033% dearer against BloFin than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.001%): +$3 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.139% in total) that is about 40 hours. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
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 -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.37 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 | BloFin EWY-USDT | 187.13 | 0.0018 | pay 0.0018% / 8h | 37m 51s | $48K | $217K | 50x |
| Short | Bitget EWYUSDT | 187.19 | −0.0419 | pay 0.0419% / 8h | 37m 51s | $2.8M | $2.5M | 20x |
BloFin EWY-USDT
Bitget EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$91.78
- Price spread: +0.032% → −0.001%
- $3.3
- Slippage, 4 orders
- −$6.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$118.71
- Costs to cover
- 0.302%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 min ago; Bitget: 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 BloFin live order book, 33 min ago | 0.53 bp | 6.5 bp −$7 | 6.5 bp −$65 | 13.8 bp −$1,376 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.07 bp | 9.2 bp −$9 | 17.5 bp −$175 | 37.7 bp −$3,767 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDTshort | −0.0419% | 8h | 187.19 | +0.032% | $2.8M | $2.5M | 20x | |
| Hotstuff EWY-PERP | −0.0232% | 1h | 186.99 | −0.075% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.01 | −0.063% | $290K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.93 | −0.107% | $238K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.99 | −0.075% | $27.2M | $82.5M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.08 | −0.027% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.05 | −0.043% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.17 | +0.021% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.07 | −0.032% | $8.5M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.26 | +0.069% | $1.2M | $1.1M | — | as long as short |
Hotstuff EWY-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
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 | 187.28 | +0.082% | $740K | $416K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.01 | −0.064% | — | $2.4M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.07 | −0.032% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.17 | +0.021% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.15 | +0.011% | $1.7M | $37K | 10x | as long as short |
| Vest EWY-USD-PERP | +0.0002% | 1h | 186.72 | −0.219% | — | $220K | 25x | as long as short |
| BloFin EWY-USDTlong | +0.0018% | 8h | 187.13 | long leg | $48K | $217K | 50x | |
| Lighter EWY | +0.0032% | 1h | 187.00 | −0.069% | $379K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.13 | 0.000% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.96 | −0.091% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.04 | −0.048% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.99 | −0.075% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.09 | −0.021% | $749 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.18 | +0.027% | $223K | $332K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 187.24 | +0.059% | $520K | $245K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 187.11 | −0.011% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.95 | −0.096% | $962K | $604K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.33 | +0.107% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.13 | 0.000% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0809% | 4h | 187.28 | +0.078% | $420K | $285K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC