Funding you earn now, next payment 22:00 UTC+0.0041%/8h= +4.4% APRpaid last 24h +0.068%
Price spread now: edgeX against Coinbase International+0.008%77s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs+$43as 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−$370.375% of the position
Funding, last 7 days+0.803%+$80 on $10k
+Price spread, last 3 days (all we have)+0.036%+$4 · spread now +0.008%, 7d avg +0.064%
=Together, before fees+0.839%+ Points / potential airdropedgeX: Active · farm board+$84 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.056% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.064%). If the spread goes back, that is −$6 on $10k: about 4.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.803% in total) that is about 12 hours. The two prices were read 77 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 | 189.13 | 0.0120 | pay 0.0015% / 1h | 13m 56s | $525K | $332K | 20x |
| Short | edgeX EWYUSDC | 189.14 | 0.0161 | get 0.0080% / 4h | 1h 13m | $424K | $275K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $8.53
- Price spread: +0.008% → +0.064%
- −$5.59
- Slippage, 4 orders
- −$18.47
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$34.54
- Costs to cover
- 0.375%
- Break-even
- 35.3 days
Slippage from Coinbase International: live order book, 4 min ago; edgeX: 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 Coinbase International live order book, 4 min ago | 2.38 bp | 8.0 bp −$8 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 5.55 bp | 10.2 bp −$10 | 14.1 bp −$141 | 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 | −0.0008% | 1h | 189.26 | +0.069% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.31 | +0.095% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.14 | +0.005% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.31 | +0.095% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.16 | +0.016% | $377K | $96K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.29 | +0.085% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.31 | +0.095% | $195K | $138K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.17 | +0.021% | $4K | $59 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.25 | +0.063% | $784 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.20 | +0.037% | $221K | $181K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0064% | 1h | 189.25 | +0.063% | $6.4M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0067% | 1h | 189.27 | +0.074% | $51K | $42K | 25x | as long as short |
| Bybit EWYUSDT | +0.0072% | 8h | 189.40 | +0.143% | $5.2M | $4.1M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.18 | +0.026% | $963K | $725K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.08 | −0.026% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.33 | +0.106% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0120% | 1h | 189.13 | long leg | $525K | $332K | 20x | |
| Paradex EWY-USD-PERP | +0.0151% | 8h | 189.27 | +0.073% | $23 | — | 5x | as long as short |
| edgeX EWYUSDCshort | +0.0161% | 4h | 189.14 | +0.008% | $424K | $275K | 20x | |
| Bitget EWYUSDT | +0.0184% | 8h | 189.35 | +0.116% | $2.5M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0223% | 8h | 189.31 | +0.095% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0242% | 8h | 189.37 | +0.127% | $4.0M | $4.1M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0437% | 1h | 189.31 | +0.095% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0508% | 8h | 189.26 | +0.067% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0583% | 8h | 189.13 | +0.001% | $1.4M | $889K | — | as long as short |
| BloFin EWY-USDT | +0.0611% | 8h | 189.21 | +0.042% | $47K | $214K | 50x | as long as short |
| Binance EWYUSDT | +0.0615% | 8h | 189.31 | +0.093% | $28.5M | $79.6M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0616% | 1h | 189.27 | +0.076% | $304K | $392K | 10x | as long as short |
| MEXC EWY_USDT | +0.0616% | 8h | 189.31 | +0.095% | $7.5M | $4.5M | 100x | as long as short |
| GRVT EWY_USDT_Perp | +0.0692% | 8h | 189.14 | +0.005% | $748K | $399K | 10x | as long as short |
Coinbase International EWY-PERP-INTX
edgeX EWYUSDC
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
tradeXYZ xyz:EWY
Bybit EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Paradex EWY-USD-PERP
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
GRVT EWY_USDT_Perp