Funding you earn now, next payment 16:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.070%
Price spread now: Phemex against BloFin−0.032%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.032%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.033% cheaper against BloFin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EWY-USDT | 185.81 | 0.0004 | pay 0.0004% / 8h | 7h 41m | $48K | $218K | 50x |
| Short | Phemex EWYUSDT | 185.75 | 0 | get 0.0000% / 8h | 7h 41m | $1.6M | $36K | 10x |
BloFin EWY-USDT
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$0.86
- Price spread: −0.032% → 0.000%
- −$3.26
- Slippage, 4 orders
- −$82.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$110.24
- Costs to cover
- 1.061%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 25 min ago; Phemex: 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 BloFin live order book, 25 min ago | 0.54 bp | 7.3 bp −$7 | 8.2 bp −$82 | 15.6 bp −$1,562 | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.61 bp | 41.4 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0546% | 8h | 185.75 | −0.032% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0022% | 1h | 185.53 | −0.151% | — | $235K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.96 | +0.082% | $288K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.78 | −0.018% | $240K | $916K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 185.79 | −0.011% | $26.9M | $82.2M | 50x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.77 | −0.022% | $4.1M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.79 | −0.011% | $4.1M | $4.4M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 185.73 | −0.043% | $7.8M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 185.89 | +0.045% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 185.93 | +0.066% | $728K | $421K | 10x | as long as short |
Bitget EWYUSDT
Vest EWY-USD-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 185.90 | +0.048% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.06 | +0.135% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 185.75 | −0.032% | $1.6M | $36K | 10x | |
| BloFin EWY-USDTlong | +0.0004% | 8h | 185.81 | long leg | $48K | $218K | 50x | |
| Deribit EWY_USDC-PERPETUAL | +0.0019% | 1h | 185.76 | −0.027% | $3K | $15K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 185.65 | −0.086% | $376K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 185.81 | 0.000% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 185.61 | −0.108% | $6.2M | $14.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 185.78 | −0.016% | $141K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 185.67 | −0.075% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 185.74 | −0.038% | $741 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 185.72 | −0.048% | $234K | $334K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 185.81 | 0.000% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.76 | −0.027% | $956K | $620K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 185.76 | −0.027% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.87 | +0.032% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 185.80 | −0.005% | $515K | $251K | 20x | as long as short |
| Bybit EWYUSDT | +0.0114% | 8h | 185.78 | −0.016% | $4.9M | $4.8M | 100x | as long as short |
| Hotstuff EWY-PERP | +0.0200% | 1h | 185.83 | +0.011% | $28K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0859% | 4h | 185.95 | +0.074% | $417K | $287K | 20x | as long as short |
SunX EWY-USDT
HTX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Lighter EWY
Popdex EWYUSDT
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
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Hotstuff EWY-PERP
edgeX EWYUSDC