Funding you earn now, next payment 16:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.17 per $10,000 · paid last 24h +0.052%
Price spread now: MEXC against Bybit+0.011%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$170.172% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.011%, 7d avg −0.013%
=The price spread pays, funding is against you. MEXC is 0.024% dearer against Bybit than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.013%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.067%, 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 | 185.31 | 0.0017 | pay 0.0017% / 8h | 7h 27m | $4.9M | $4.8M | 100x |
| Short | MEXC EWY_USDT | 185.33 | 0 | get 0.0000% / 8h | 7h 27m | $7.4M | $4.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$3.55
- Price spread: +0.011% → −0.013%
- $2.43
- Slippage, 4 orders
- −$6.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$18.33
- Costs to cover
- 0.172%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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 | 0.54 bp | 8.8 bp −$9 | 13.8 bp −$138 | 187.6 bp −$18.8K | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.27 bp | 0.3 bp $0 | 0.7 bp −$7 | 3.5 bp −$347 | 99.9 bp −$49.9K |
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 | −0.0499% | 8h | 185.36 | +0.027% | $3.1M | $2.7M | 20x | as long as short |
| BloFin EWY-USDT | −0.0025% | 8h | 185.16 | −0.081% | $48K | $219K | 50x | as long as short |
| Vest EWY-USD-PERP | −0.0017% | 1h | 184.80 | −0.275% | — | $235K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.55 | +0.131% | $287K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.29 | −0.012% | $239K | $916K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 185.34 | +0.016% | $26.7M | $82.4M | 50x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.28 | −0.016% | $4.0M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.34 | +0.016% | $4.0M | $4.4M | 50x | as long as short |
| MEXC EWY_USDTshort | 0.0000% | 8h | 185.33 | +0.011% | $7.4M | $4.5M | 100x | |
| Variational Omni EWY | 0.0000% | 8h | 185.32 | +0.008% | $1.1M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 185.30 | −0.005% | $726K | $415K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 185.36 | +0.027% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 185.28 | −0.016% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 185.29 | −0.011% | $1.6M | $36K | 10x | as long as short |
| Bybit EWYUSDTlong | +0.0017% | 8h | 185.31 | long leg | $4.9M | $4.8M | 100x | |
| Lighter EWY | +0.0032% | 1h | 185.09 | −0.119% | $375K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 185.19 | −0.065% | $194K | $158K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 185.06 | −0.135% | $6.0M | $15.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 185.14 | −0.092% | $140K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 185.02 | −0.156% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 185.15 | −0.086% | $738 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 184.92 | −0.210% | $233K | $333K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0057% | 8h | 185.14 | −0.092% | $22 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0074% | 1h | 185.20 | −0.059% | $3K | $15K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.24 | −0.038% | $954K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 185.27 | −0.022% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.26 | −0.027% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 185.09 | −0.119% | $513K | $249K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0224% | 1h | 185.00 | −0.167% | $27K | $16K | 20x | as long as short |
| edgeX EWYUSDC | +0.0522% | 4h | 185.28 | −0.015% | $415K | $286K | 20x | as long as short |
Bybit EWYUSDT
MEXC EWY_USDT
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
edgeX EWYUSDC