Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against Bybit−0.133%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$344as in the Funding arb table
Net, price: spread back to 7d avg − costs−$361as in the Price arb table
costs, in and out, $10k−$3543.542% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.133%, 7d avg −0.067%
=Funding pays, the price is against you. KuCoin is 0.066% cheaper against Bybit than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.067%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.098% in total) that is about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EWYUSDT | 187.96 | 0 | get 0.0000% / 8h | 1h 40m | $5.0M | $4.8M | 100x |
| Short | KuCoin EWYUSDTM | 187.71 | 0.0100 | get 0.0100% / 8h | 1h 40m | $965K | $595K | 20x |
Bybit EWYUSDT
KuCoin EWYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.133% → −0.067%
- −$6.62
- Slippage, 4 orders
- −$331.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$339.78
- Costs to cover
- 3.542%
- Break-even
- 120.3 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 59 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, 2 min ago | 0.53 bp | 7.9 bp −$8 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 59 min ago | 5.86 bp | 154.0 bp −$154 | 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 | −0.0151% | 8h | 187.99 | +0.016% | $2.7M | $2.3M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0016% | 1h | 187.77 | −0.101% | $28K | $12K | 20x | as long as short |
| BloFin EWY-USDT | −0.0011% | 8h | 187.87 | −0.048% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.83 | −0.070% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.84 | −0.063% | $239K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.89 | −0.038% | $27.2M | $81.9M | 50x | as long as short |
| Bybit EWYUSDTlong | 0.0000% | 8h | 187.96 | long leg | $5.0M | $4.8M | 100x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.88 | −0.043% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.90 | −0.032% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.88 | −0.043% | $8.6M | $4.5M | 100x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 187.81 | −0.079% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.00 | +0.023% | $744K | $425K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.78 | −0.096% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.97 | +0.005% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.87 | −0.048% | $1.7M | $36K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.71 | −0.133% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0045% | 1h | 187.60 | −0.192% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.91 | −0.027% | $197K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 187.85 | −0.059% | $522K | $273K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.75 | −0.112% | $6.4M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.78 | −0.096% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.66 | −0.160% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.80 | −0.085% | $755 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.75 | −0.112% | $224K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.86 | −0.051% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 187.71 | −0.133% | $965K | $595K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.50 | −0.245% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.83 | −0.069% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0176% | 1h | 187.81 | −0.080% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0599% | 4h | 187.98 | +0.010% | $421K | $286K | 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
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC