Funding you earn now, next payment 01:00 UTC−0.0517%/8h= −56.6% APRpaid last 24h −0.050%
Price spread now: Coinbase International against BloFin−0.079%358s7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as 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−$320.317% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.079%, 7d avg −0.083%
=The price spread sits at its 7-day average of −0.083%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate. The two prices were read 358 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 -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment. 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 | 190.43 | 0.0565 | pay 0.0565% / 8h | 6h 42m | $2K | $214K | 50x |
| Short | Coinbase International EWY-PERP-INTX | 190.28 | 0.0048 | get 0.0006% / 1h | 42m 35s | $531K | $337K | 20x |
BloFin EWY-USDT
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$108.59
- Price spread: −0.079% → −0.083%
- $0.42
- Slippage, 4 orders
- −$9.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$139.88
- Costs to cover
- 0.317%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; Coinbase International: live order book, 26 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, 17 min ago | 0.26 bp | 6.5 bp −$7 | 7.7 bp −$77 | 15.6 bp −$1,563 | doesn't fit |
| Sell Coinbase International live order book, 26 min ago | 4.46 bp | 9.5 bp −$9 | 15.0 bp −$150 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 189.80 | −0.331% | $5.2M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.75 | −0.357% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.99 | −0.232% | $751K | $385K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.84 | −0.310% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.78 | −0.341% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.48 | +0.026% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.86 | −0.299% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.60 | −0.436% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.92 | −0.268% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.73 | −0.368% | $197K | $143K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 190.28 | −0.079% | $531K | $337K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.68 | −0.394% | $6.3M | $14.1M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.89 | −0.284% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.71 | −0.378% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.85 | −0.305% | $603 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.81 | −0.326% | $230K | $231K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0062% | 8h | 189.74 | −0.361% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.78 | −0.341% | $978K | $634K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.15 | −0.147% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.86 | −0.299% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0230% | 8h | 189.80 | −0.331% | $4.1M | $3.4M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0248% | 1h | 189.71 | −0.378% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | +0.0350% | 8h | 189.74 | −0.362% | $2.7M | $1.7M | 20x | as long as short |
| Aster EWYUSDT | +0.0419% | 8h | 189.86 | −0.300% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0518% | 8h | 190.19 | −0.128% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0528% | 8h | 189.74 | −0.363% | $28.4M | $77.2M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0528% | 1h | 189.70 | −0.385% | $304K | $670K | 10x | as long as short |
| MEXC EWY_USDT | +0.0531% | 8h | 189.73 | −0.368% | $7.0M | $4.1M | 100x | as long as short |
| BloFin EWY-USDTlong | +0.0565% | 8h | 190.43 | long leg | $2K | $214K | 50x | |
| edgeX EWYUSDC | +0.0976% | 4h | 190.18 | −0.132% | $426K | $283K | 20x | as long as short |
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
edgeX EWYUSDC