Funding you earn now, next payment 22:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h +0.013%
Price spread now: Bybit against Coinbase International+0.100%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.100%, 7d avg +0.088%
=The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 189.19 | 0.0120 | pay 0.0015% / 1h | 29m 26s | $525K | $332K | 20x |
| Short | Bybit EWYUSDT | 189.38 | 0.0033 | get 0.0033% / 8h | 1h 29m | $5.2M | $4.1M | 100x |
Coinbase International EWY-PERP-INTX
Bybit EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.17
- Price spread: +0.100% → +0.088%
- $1.25
- Slippage, 4 orders
- −$8.07
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.99
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 54 min ago; Bybit: live order book, 3 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, 54 min ago | 0.26 bp | 7.9 bp −$8 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.26 bp | 8.1 bp −$8 | 12.6 bp −$126 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | 0.0000% | 1h | 189.09 | −0.053% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.20 | +0.005% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.90 | −0.153% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.18 | −0.005% | $1.7M | $37K | 10x | as long as short |
| edgeX EWYUSDC | +0.0004% | 4h | 189.14 | −0.026% | $424K | $275K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.10 | −0.048% | $377K | $95K | 20x | as long as short |
| Bybit EWYUSDTshort | +0.0033% | 8h | 189.38 | +0.100% | $5.2M | $4.1M | 100x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.25 | +0.032% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.29 | +0.053% | $194K | $138K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.19 | 0.000% | $6.4M | $14.8M | 20x | as long as short |
Hotstuff EWY-PERP
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
edgeX EWYUSDC
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 189.04 | −0.079% | $49K | $36K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.12 | −0.037% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.16 | −0.016% | $779 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.92 | −0.143% | $221K | $181K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.10 | −0.048% | $959K | $725K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.14 | −0.026% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.19 | 0.000% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0120% | 1h | 189.19 | long leg | $525K | $332K | 20x | |
| Paradex EWY-USD-PERP | +0.0140% | 8h | 189.37 | +0.094% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0165% | 8h | 189.30 | +0.058% | $2.5M | $1.4M | 20x | as long as short |
| HTX EWY-USDT | +0.0193% | 8h | 189.20 | +0.005% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0220% | 8h | 189.29 | +0.053% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0332% | 1h | 189.25 | +0.032% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0459% | 8h | 189.08 | −0.057% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0513% | 8h | 189.11 | −0.042% | $1.4M | $899K | — | as long as short |
| MEXC EWY_USDT | +0.0556% | 8h | 189.29 | +0.053% | $7.5M | $4.5M | 100x | as long as short |
| BloFin EWY-USDT | +0.0558% | 8h | 189.15 | −0.021% | $47K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0560% | 1h | 189.21 | +0.008% | $304K | $403K | 10x | as long as short |
| Binance EWYUSDT | +0.0561% | 8h | 189.26 | +0.036% | $28.5M | $79.4M | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0647% | 8h | 189.13 | −0.030% | $748K | $401K | 10x | as long as short |
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
MEXC EWY_USDT
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
GRVT EWY_USDT_Perp