Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 138.72 | +0.0616 | pay 0.0077% / 1h | 46m 29s | $440K | $845K | 20x | Long Deribit | |
| SHORT | 139.14 | −0.0050 | pay 0.0050% / 8h | 7h 46m | $968K | $1.5M | — | Short BingX |
Price gap+0.303%
Funding gap−0.0666% /8h
The gap pays +$17 on $10k if it goes back to its 7d average, but funding costs $20 a day and eats that in about 20 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8−0.0666% /8h now · paid +0.080% over the last 7D
Price+$17spread +0.303% now, avg +0.136% → +0.167% if it goes back
Costs−$410.414% of $10k · taker + slippage, in and out
Result−$17−0.17%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.080% in total, about +0.0038%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.303%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hEWY on 33 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size15.0 / 5.4 bpAt $10k entering Deribit costs 15.0 bp, fee and slippage, 2.8× BingX’s.
- Note: Margin at max leverage$500 + —Deribit 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$19.97Long Deribit: 24 payments, −$18.47; short BingX: 3 payments, −$1.50.
- OK: Entry gap works for you+0.303% vs +0.136%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$440K vs $968K OIDeribit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCDeribit Yes · BingX YesID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0038%/8h × 21 periods+$7.98
Price spread+0.303% → +0.136% (7d avg)+$16.66
Slippage, 4 orderslive order books−$24.42
Fee Deribit bp × 2 orders−$7.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$16.79
Costs to cover0.414%Break-even21.7 days
Slippage: Deribit: live order book, 35 min ago; BingX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGDeribit2.5115.0 bp−$1523.7 bp−$237doesn’t fitdoesn’t fit
SELL · SHORTBingX0.365.4 bp−$56.3 bp−$6311.4 bp−$1,14361.1 bp−$30.6K
Closing costs about the same again.
EWY news
posts that mention EWY or iShares MSCI South Korea ETF, from every exchange| 10-28 04:08 | SoDEX | Other | 🇰🇷 KOREAN STOCKS ARE ON FIRE! 🚀🔥 SK hynix delivers blockbuster Q3 earnings! 📈 Revenue +328% YoY 💰 Operating profit +631% YoY 🔥 KOSPI +5.8% as AI chip demand fuels the rally! 🚀 Catch the Korean market momentum on SoDEX! 📊 4 Trading Opportunities: 🔥 $SKHX +3.77% — 2× Long SK hynix ETF 🔥 $SKHY +1.92% — SK hynix ADR 🔥 $EWY +3.10% — South Korea ETF 🚀 $KORU +8.91% — 3× Leveraged South Korea ETF 👀 Will the AI-driven rally continue? 👉 Trade now: ETF/ADR changes: Oct 27 U.S. close. KOSPI: Oct 28, 11:20 AM KST. @sodex_official on X ↗ |
| 10-19 12:48 | Polymarket Perps | Other | JUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗ |
| 10-15 11:40 | Kraken Futures | Listing | new market PF_EWYUSD ($EWY) seen by our collector |
| 09-25 19:30 | Vest Markets | Other | Trade $EWY volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-25 19:30 | Vest Markets | Other | Heading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗ |
| 09-18 15:04 | Entropy | Listing | New listing: iShares MSCI South Korea ETF ($EWY) at 25x Leverage. @entropyIO on X ↗ |


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