Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.053%
Price spread now: GRVT against Coinbase International+0.032%7-day average +0.068% · 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−$37as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.032%, 7d avg +0.068%
=Together, before fees+0.029%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.036% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 188.61 | 0.0048 | pay 0.0006% / 1h | 57m 22s | $524K | $277K | 20x |
| Short | GRVT EWY_USDT_Perp | 188.67 | 0 | get 0.0000% / 8h | 1h 57m | $745K | $423K | 10x |
Coinbase International EWY-PERP-INTX
GRVT EWY_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$10.08
- Price spread: +0.032% → +0.068%
- −$3.61
- Slippage, 4 orders
- −$14.19
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$46.88
- Costs to cover
- 0.332%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 51 min ago; GRVT: live order book, 51 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, 51 min ago | 3.97 bp | 9.0 bp −$9 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 51 min ago | 1.85 bp | 7.7 bp −$8 | 12.5 bp −$125 | 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 | −0.0091% | 8h | 188.33 | −0.148% | $2.7M | $2.3M | 20x | as long as short |
| BloFin EWY-USDT | −0.0024% | 8h | 188.49 | −0.064% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.45 | −0.083% | $292K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.36 | −0.132% | $241K | $500K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.36 | −0.135% | $27.4M | $81.5M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.37 | −0.127% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.29 | −0.170% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.36 | −0.133% | $4.1M | $4.2M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.35 | −0.138% | $8.5M | $4.1M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.63 | +0.011% | $1.2M | $1.1M | — | as long as short |
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perpshort | 0.0000% | 8h | 188.67 | +0.032% | $745K | $423K | 10x | |
| SunX EWY-USDT | 0.0000% | 8h | 188.48 | −0.069% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.71 | +0.053% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.44 | −0.090% | $1.7M | $37K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0015% | 1h | 188.48 | −0.069% | $2K | $14K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.34 | −0.143% | $382K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.24 | −0.196% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.38 | −0.122% | $198K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0048% | 1h | 188.61 | long leg | $524K | $277K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.21 | −0.212% | $6.3M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.37 | −0.127% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.16 | −0.239% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.40 | −0.111% | $754 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.49 | −0.064% | $215K | $319K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 188.43 | −0.094% | $23 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0096% | 1h | 188.44 | −0.090% | $28K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.17 | −0.233% | $969K | $599K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.52 | −0.048% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.40 | −0.111% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0761% | 4h | 188.49 | −0.064% | $423K | $283K | 20x | as long as short |
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Hotstuff EWY-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC