EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h +0.058%

Price spread now: Binance against Coinbase International−0.067%53s7-day average +0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as 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−$310.307% of the position

Long on Coinbase International Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.067%, 7d avg +0.072%

Together, before fees+0.076%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.139% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.072%). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International EWY-PERP-INTX	187.24	0.0056	pay 0.0007% / 1h	38m 18s	$520K	$245K	20x
Short	Binance EWYUSDT	187.11	0	get 0.0000% / 8h	38m 18s	$27.2M	$82.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BinancebpOrdersPrice spread, now −0.067%Rate

Funding earned: −$11.76
Price spread: −0.067% → +0.072%: −$13.92
Slippage, 4 orders: −$10.7
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$56.38
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 65 min ago; Binance: live order book, 4 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 Coinbase International live order book, 65 min ago	3.99 bp	9.0 bp −$9	13.4 bp −$134	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.27 bp	5.3 bp −$5	6.7 bp −$67	17.0 bp −$1,702	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	−0.0419%	8h	187.19	−0.027%	$2.8M	$2.5M	20x	as long as short
Hotstuff EWY-PERP	−0.0232%	1h	186.99	−0.134%	$28K	$12K	20x	as long as short
Aster EWYUSDT	0.0000%	8h	187.17	−0.039%	$290K	$12K	20x	as long as short
Extended EWY_24_5-USD	0.0000%	1h	187.06	−0.094%	$238K	$912K	10x	as long as short
Binance EWYUSDTshort	0.0000%	8h	187.11	−0.067%	$27.2M	$82.5M	50x
Bybit EWYUSDT	0.0000%	8h	187.18	−0.032%	$4.9M	$4.9M	100x	as long as short
OKX EWY-USDT-SWAP	0.0000%	8h	187.05	−0.101%	$4.1M	$4.7M	50x	as long as short
Gate EWY_USDT	0.0000%	8h	187.19	−0.027%	$4.0M	$4.3M	50x	as long as short
MEXC EWY_USDT	0.0000%	8h	187.11	−0.069%	$8.5M	$4.4M	100x	as long as short
Variational Omni EWY	0.0000%	8h	187.26	+0.010%	$1.2M	$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	187.28	+0.023%	$740K	$416K	10x	as long as short
SunX EWY-USDT	0.0000%	8h	187.01	−0.123%	—	$2.4M	20x	as long as short
Deribit EWY_USDC-PERPETUAL	0.0000%	1h	187.07	−0.091%	$2K	$14K	20x	as long as short
HTX EWY-USDT	0.0000%	8h	187.25	+0.005%	$22K	$35K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	187.19	−0.027%	$1.7M	$37K	10x	as long as short
Vest EWY-USD-PERP	+0.0002%	1h	186.72	−0.278%	—	$220K	25x	as long as short
BloFin EWY-USDT	+0.0018%	8h	187.13	−0.059%	$48K	$217K	50x	as long as short
Lighter EWY	+0.0032%	1h	187.05	−0.101%	$379K	$40K	20x	as long as short
Popdex EWYUSDT	+0.0048%	1h	187.13	−0.059%	$197K	$153K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	187.01	−0.123%	$6.2M	$14.3M	20x	as long as short
Entropy io:EWY	+0.0050%	1h	187.04	−0.107%	$142K	$119K	25x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	186.99	−0.134%	$4K	$141	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	187.09	−0.080%	$749	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	187.18	−0.032%	$223K	$332K	10x	as long as short
Coinbase International EWY-PERP-INTXlong	+0.0056%	1h	187.24	long leg	$520K	$245K	20x
Paradex EWY-USD-PERP	+0.0058%	8h	187.11	−0.070%	$22	—	5x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	186.96	−0.150%	$962K	$604K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	187.33	+0.048%	$13K	$264K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	187.13	−0.059%	$2K	$1K	20x	as long as short
edgeX EWYUSDC	+0.0809%	4h	187.28	+0.020%	$420K	$285K	20x	as long as short