Funding you earn now, next payment 00:00 UTC−0.0466%/8h= −51.1% APRnext payment −$4.66 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against BloFin−0.074%65s7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$274as 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−$2782.776% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 3 days (all we have)+0.076%+$8 · spread now −0.074%, 7d avg −0.057%
=The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. The two prices were read 65 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 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.66 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 | 189.31 | 0.0566 | pay 0.0566% / 8h | 1h 24m | $47K | $214K | 50x |
| Short | KuCoin EWYUSDTM | 189.17 | 0.0100 | get 0.0100% / 8h | 1h 24m | $958K | $726K | 20x |
BloFin EWY-USDT
KuCoin EWYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$97.94
- Price spread: −0.074% → −0.057%
- −$1.72
- Slippage, 4 orders
- −$253.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$377.25
- Costs to cover
- 2.776%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 min ago; KuCoin: live order book, 50 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, 51 min ago | 0.26 bp | 7.1 bp −$7 | 7.9 bp −$79 | 15.3 bp −$1,533 | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 3.97 bp | 146.8 bp −$147 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0016% | 1h | 189.20 | −0.058% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.26 | −0.026% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.93 | −0.201% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.29 | −0.011% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.16 | −0.079% | $377K | $95K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.29 | −0.011% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.29 | −0.011% | $195K | $138K | 20x | as long as short |
| Bybit EWYUSDT | +0.0049% | 8h | 189.39 | +0.042% | $5.2M | $4.1M | 100x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.25 | −0.032% | $6.4M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.11 | −0.106% | $49K | $36K | 25x | as long as short |
Hotstuff EWY-PERP
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Bybit EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.12 | −0.100% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.27 | −0.021% | $783 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.18 | −0.069% | $221K | $182K | 10x | as long as short |
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 189.17 | −0.074% | $958K | $726K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.03 | −0.148% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.29 | −0.011% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.19 | −0.063% | $525K | $332K | 20x | as long as short |
| edgeX EWYUSDC | +0.0143% | 4h | 189.24 | −0.036% | $424K | $273K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0149% | 8h | 189.41 | +0.053% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0175% | 8h | 189.33 | +0.011% | $2.5M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0214% | 8h | 189.32 | +0.005% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0232% | 8h | 189.39 | +0.042% | $4.0M | $4.1M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0437% | 1h | 189.30 | −0.005% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0480% | 8h | 189.12 | −0.098% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0538% | 8h | 189.23 | −0.042% | $1.4M | $899K | — | as long as short |
| BloFin EWY-USDTlong | +0.0566% | 8h | 189.31 | long leg | $47K | $214K | 50x | |
| MEXC EWY_USDT | +0.0580% | 8h | 189.28 | −0.016% | $7.5M | $4.5M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0584% | 1h | 189.25 | −0.030% | $304K | $392K | 10x | as long as short |
| Binance EWYUSDT | +0.0585% | 8h | 189.30 | −0.005% | $28.5M | $79.4M | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0654% | 8h | 189.31 | +0.001% | $749K | $401K | 10x | as long as short |
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
edgeX EWYUSDC
Paradex EWY-USD-PERP
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
GRVT EWY_USDT_Perp