Funding you earn now, next payment 06:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: tradeXYZ against Coinbase International−0.053%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.405% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.053%, 7d avg −0.005%
=Together, before fees+0.084%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.048% cheaper against Coinbase International than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 187.85 | 0.0048 | pay 0.0006% / 1h | 40m 32s | $522K | $273K | 20x |
| Short | tradeXYZ xyz:EWY | 187.75 | 0.0050 | get 0.0006% / 1h | 40m 32s | $6.4M | $14.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0.42
- Price spread: −0.053% → −0.005%
- −$4.82
- Slippage, 4 orders
- −$12.54
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$44.94
- Costs to cover
- 0.405%
- Break-even
- 756.0 days
Slippage from Coinbase International: live order book, 3 min ago; tradeXYZ: live order book, 8 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, 3 min ago | 3.99 bp | 9.0 bp −$9 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.53 bp | 10.0 bp −$10 | 12.7 bp −$127 | 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 | −0.0151% | 8h | 187.99 | +0.075% | $2.7M | $2.3M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0016% | 1h | 187.77 | −0.043% | $28K | $12K | 20x | as long as short |
| BloFin EWY-USDT | −0.0011% | 8h | 187.87 | +0.011% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.83 | −0.011% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.84 | −0.004% | $239K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.89 | +0.020% | $27.2M | $81.9M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.96 | +0.059% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.88 | +0.016% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.90 | +0.027% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.88 | +0.016% | $8.6M | $4.5M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 187.81 | −0.020% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.00 | +0.081% | $744K | $425K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.78 | −0.037% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.97 | +0.064% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.87 | +0.011% | $1.7M | $36K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.71 | −0.075% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0045% | 1h | 187.60 | −0.133% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.91 | +0.032% | $197K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0048% | 1h | 187.85 | long leg | $522K | $273K | 20x | |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 187.75 | −0.053% | $6.4M | $14.4M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 187.78 | −0.037% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.66 | −0.101% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.80 | −0.027% | $755 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.75 | −0.053% | $224K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.86 | +0.007% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.71 | −0.075% | $965K | $595K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.50 | −0.186% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.83 | −0.011% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0176% | 1h | 187.81 | −0.021% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0599% | 4h | 187.98 | +0.069% | $421K | $286K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
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 EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC