Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h +0.047%
Price spread now: BloFin against Bybit−0.016%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.016%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.069%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EWYUSDT | 189.27 | 0 | get 0.0000% / 8h | 3h 22m | $5.1M | $4.3M | 100x |
| Short | BloFin EWY-USDT | 189.24 | −0.0030 | pay 0.0030% / 8h | 3h 22m | $48K | $214K | 50x |
Bybit EWYUSDT
BloFin EWY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$6.3
- Price spread: −0.016% → −0.006%
- −$1
- Slippage, 4 orders
- −$5.69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.98
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 68 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 Bybit live order book, 5 min ago | 0.26 bp | 7.8 bp −$8 | 9.8 bp −$98 | 151.5 bp −$15.1K | doesn't fit |
| Sell BloFin live order book, 68 min ago | 0.26 bp | 6.3 bp −$6 | 8.4 bp −$84 | 13.2 bp −$1,315 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0173% | 1h | 189.16 | −0.058% | $2K | $14K | 20x | as long as short |
| BloFin EWY-USDTshort | −0.0030% | 8h | 189.24 | −0.016% | $48K | $214K | 50x | |
| Aster EWYUSDT | 0.0000% | 8h | 189.32 | +0.027% | $294K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 189.21 | −0.033% | $300K | $667K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 189.27 | 0.000% | $27.6M | $77.4M | 50x | as long as short |
| Bybit EWYUSDTlong | 0.0000% | 8h | 189.27 | long leg | $5.1M | $4.3M | 100x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.24 | −0.016% | $4.3M | $4.0M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.26 | −0.005% | $4.1M | $3.9M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 189.26 | −0.005% | $6.2M | $3.8M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.30 | +0.016% | $2.7M | $2.2M | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 189.37 | +0.053% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.39 | +0.062% | $749K | $402K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.33 | +0.032% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.44 | +0.090% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.23 | −0.021% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.12 | −0.079% | $383K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.26 | −0.005% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.25 | −0.011% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.50 | +0.122% | $527K | $291K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.11 | −0.085% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.33 | +0.032% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.06 | −0.111% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.26 | −0.005% | $735 | $4K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0050% | 8h | 189.26 | −0.006% | $23 | — | 5x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.29 | +0.011% | $201K | $302K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.27 | 0.000% | $974K | $612K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.45 | +0.095% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.28 | +0.005% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0309% | 4h | 189.49 | +0.116% | $425K | $283K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0400% | 1h | 189.13 | −0.074% | $28K | $12K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Ondo Perps EWY-USD.P
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC
Hotstuff EWY-PERP