Funding you earn now, next payment 00:00 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.083%
Price spread now: Binance against edgeX−0.001%60s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.316% of the position
Funding, last 7 days−0.753%−$75 on $10k
+Price spread, last 2 days (all we have)−0.010%−$1 · spread now −0.001%, 7d avg +0.012%
=Together, before fees−0.763%+ Points / potential airdropedgeX: Active · farm board−$76 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EWYUSDC | 188.93 | 0.0584 | pay 0.0292% / 4h | 2h 12m | $423K | $275K | 20x |
| Short | Binance EWYUSDT | 188.92 | 0.0349 | get 0.0349% / 8h | 2h 12m | $28.3M | $79.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$49.3
- Price spread: −0.001% → +0.012%
- −$1.24
- Slippage, 4 orders
- −$12.59
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$82.13
- Costs to cover
- 0.316%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 11 min ago; Binance: live order book, 15 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 edgeX live order book, 11 min ago | 5.56 bp | 10.3 bp −$10 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.26 bp | 5.7 bp −$6 | 7.3 bp −$73 | 22.6 bp −$2,262 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0256% | 1h | 188.88 | −0.024% | $28K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.98 | +0.029% | $5.6M | $3.5M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.88 | −0.024% | $3.2M | $2.7M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.65 | −0.146% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.93 | +0.002% | $1.7M | $37K | 10x | as long as short |
| HTX EWY-USDT | +0.0019% | 8h | 188.98 | +0.029% | $36K | $8K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.77 | −0.082% | $376K | $95K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.98 | +0.029% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.93 | +0.002% | $193K | $139K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.88 | −0.024% | $6.3M | $14.8M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.79 | −0.072% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.93 | +0.002% | $773 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.79 | −0.072% | $221K | $181K | 10x | as long as short |
| Entropy io:EWY | +0.0088% | 1h | 188.81 | −0.061% | $49K | $36K | 25x | as long as short |
| Bitget EWYUSDT | +0.0098% | 8h | 188.95 | +0.013% | $2.6M | $1.4M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.85 | −0.040% | $957K | $727K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.71 | −0.114% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.93 | +0.002% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0124% | 8h | 189.03 | +0.058% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 188.92 | −0.003% | $524K | $331K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0145% | 8h | 189.01 | +0.045% | $4.0M | $4.0M | 50x | as long as short |
| Aster EWYUSDT | +0.0265% | 8h | 188.71 | −0.117% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0289% | 8h | 188.93 | 0.000% | $1.4M | $890K | — | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0332% | 1h | 188.97 | +0.023% | $2K | $13K | 20x | as long as short |
| BloFin EWY-USDT | +0.0333% | 8h | 188.98 | +0.029% | $47K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0344% | 1h | 188.89 | −0.017% | $304K | $410K | 10x | as long as short |
| MEXC EWY_USDT | +0.0346% | 8h | 188.92 | −0.003% | $7.5M | $4.6M | 100x | as long as short |
| Binance EWYUSDTshort | +0.0349% | 8h | 188.92 | −0.001% | $28.3M | $79.6M | 50x | |
| GRVT EWY_USDT_Perp | +0.0457% | 8h | 188.92 | −0.002% | $747K | $419K | 10x | as long as short |
| edgeX EWYUSDClong | +0.0584% | 4h | 188.93 | long leg | $423K | $275K | 20x |
edgeX EWYUSDC
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
HTX EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Deribit EWY_USDC-PERPETUAL
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
GRVT EWY_USDT_Perp