Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Popdex against Coinbase International−0.037%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 4 days (all we have)−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.037%, 7d avg +0.080%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.117% cheaper against Coinbase International than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 188.04 | 0.0040 | pay 0.0005% / 1h | 30m 29s | $523K | $280K | 20x |
| Short | Popdex EWYUSDT | 187.97 | 0.0048 | get 0.0006% / 1h | 30m 29s | $196K | $148K | 20x |
Coinbase International EWY-PERP-INTX
Popdex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $1.68
- Price spread: −0.037% → +0.080%
- −$11.72
- Slippage, 4 orders
- −$15.52
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$41.96
- Costs to cover
- 0.319%
- Break-even
- 181.9 days
Slippage from Coinbase International: live order book, 18 min ago; Popdex: live order book, 18 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, 18 min ago | 3.97 bp | 9.0 bp −$9 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 18 min ago | 1.06 bp | 5.2 bp −$5 | 9.0 bp −$90 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | 0.0000% | 8h | 187.87 | −0.092% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.88 | −0.085% | $230K | $491K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.92 | −0.064% | $27.3M | $79.3M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.95 | −0.048% | $5.1M | $4.5M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.93 | −0.058% | $4.1M | $4.2M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.89 | −0.080% | $4.1M | $4.1M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.95 | −0.048% | $6.1M | $3.8M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 187.94 | −0.053% | $2.7M | $2.3M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.79 | −0.135% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.50 | −0.286% | $741K | $414K | 10x | as long as short |
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 187.63 | −0.218% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.83 | −0.112% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.85 | −0.101% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0028% | 8h | 187.82 | −0.117% | $48K | $215K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.71 | −0.175% | $381K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0040% | 1h | 188.04 | long leg | $523K | $280K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.62 | −0.223% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 187.97 | −0.037% | $196K | $148K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.75 | −0.154% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.75 | −0.154% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.71 | −0.175% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.65 | −0.207% | $735 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.60 | −0.234% | $214K | $316K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 187.91 | −0.072% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.79 | −0.133% | $967K | $604K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.46 | −0.308% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.79 | −0.133% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0103% | 4h | 187.56 | −0.256% | $421K | $285K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0336% | 1h | 187.85 | −0.101% | $2K | $14K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0376% | 1h | 187.45 | −0.314% | $28K | $12K | 20x | as long as short |
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Vest EWY-USD-PERP
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC
Deribit EWY_USDC-PERPETUAL
Hotstuff EWY-PERP