Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.013%
Price spread now: Orderly against Coinbase International+0.053%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.053% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 190.28 | 0.0048 | pay 0.0006% / 1h | 47m 36s | $531K | $339K | 20x |
| Short | Orderly PERP_EWY_USDC_mythos | 190.38 | 0.0100 | get 0.0100% / 8h | 6h 47m | $2K | $1K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $10.92
- Price spread: +0.053% → 0.000%
- $5.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $0.18
- Costs to cover
- 0.160%
- Break-even
- 6.9 days
Slippage unknown: Coinbase International: live order book, 21 min ago; Orderly: no order-book sample. Net counts fees only.
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, 21 min ago | 4.46 bp | 9.5 bp −$9 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0275% | 1h | 190.29 | +0.005% | $2K | $13K | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0064% | 1h | 190.07 | −0.110% | $28K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.17 | −0.058% | $5.2M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.21 | −0.037% | $4.0M | $3.5M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.39 | +0.060% | $753K | $384K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.40 | +0.063% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.48 | +0.105% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.28 | 0.000% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.24 | −0.021% | $386K | $34K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.56 | +0.147% | — | $220K | 25x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.17 | −0.058% | $196K | $142K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0048% | 1h | 190.28 | long leg | $531K | $339K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.15 | −0.068% | $6.2M | $14.1M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.31 | +0.016% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.13 | −0.079% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.29 | +0.005% | $584 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.31 | +0.016% | $230K | $234K | 10x | as long as short |
| edgeX EWYUSDC | +0.0062% | 4h | 190.41 | +0.068% | $427K | $283K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0063% | 8h | 190.06 | −0.116% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.23 | −0.026% | $980K | $635K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.40 | +0.063% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythosshort | +0.0100% | 8h | 190.38 | +0.053% | $2K | $1K | 20x | |
| OKX EWY-USDT-SWAP | +0.0239% | 8h | 190.23 | −0.026% | $4.2M | $3.4M | 50x | as long as short |
| Bitget EWYUSDT | +0.0403% | 8h | 190.23 | −0.026% | $2.7M | $1.6M | 20x | as long as short |
| Aster EWYUSDT | +0.0435% | 8h | 190.42 | +0.073% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0536% | 8h | 190.48 | +0.103% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0545% | 8h | 190.17 | −0.058% | $28.4M | $77.1M | 50x | as long as short |
| MEXC EWY_USDT | +0.0551% | 8h | 190.15 | −0.068% | $7.0M | $4.1M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0552% | 1h | 190.12 | −0.084% | $304K | $670K | 10x | as long as short |
| BloFin EWY-USDT | +0.0565% | 8h | 190.43 | +0.079% | $2K | $214K | 50x | as long as short |
Coinbase International EWY-PERP-INTX
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
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
edgeX EWYUSDC
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
MEXC EWY_USDT
Extended EWY_24_5-USD
BloFin EWY-USDT