Funding you earn now, next payment 07:00 UTC−0.0606%/8h= −66.3% APRpaid last 24h −0.183%
Price spread now: Coinbase International against edgeX+0.045%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days−0.929%−$93 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.045%, 7d avg −0.063%
=Together, before fees−1.024%+ Points / potential airdropedgeX: Active · farm board−$102 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.108% dearer against edgeX than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.063%): +$11 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EWYUSDC | 186.56 | 0.0662 | pay 0.0331% / 4h | 20m 33s | $418K | $289K | 20x |
| Short | Coinbase International EWY-PERP-INTX | 186.64 | 0.0056 | get 0.0007% / 1h | 20m 33s | $518K | $254K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$127.22
- Price spread: +0.045% → −0.063%
- $10.79
- Slippage, 4 orders
- −$13.01
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$148.43
- Costs to cover
- 0.320%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 18 min ago; Coinbase International: 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 edgeX live order book, 18 min ago | 5.08 bp | 9.8 bp −$10 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 18 min ago | 0.54 bp | 6.3 bp −$6 | 11.0 bp −$110 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.1568% | 1h | 186.64 | +0.045% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | −0.0529% | 8h | 186.74 | +0.099% | $3.0M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0015% | 1h | 186.22 | −0.180% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.73 | +0.092% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.64 | +0.045% | $237K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.70 | +0.076% | $27.1M | $83.0M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.70 | +0.077% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.60 | +0.024% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.71 | +0.083% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.65 | +0.050% | $8.5M | $4.4M | 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 | 186.65 | +0.052% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.54 | −0.008% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.52 | −0.019% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.77 | +0.115% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.69 | +0.072% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0012% | 8h | 186.71 | +0.083% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.49 | −0.035% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.72 | +0.088% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.53 | −0.014% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.53 | −0.014% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.54 | −0.009% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.63 | +0.040% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.45 | −0.057% | $224K | $326K | 10x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0056% | 1h | 186.64 | +0.045% | $518K | $254K | 20x | |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 186.66 | +0.054% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.51 | −0.025% | $961K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.58 | +0.013% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.68 | +0.066% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0179% | 1h | 186.60 | +0.024% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDClong | +0.0662% | 4h | 186.56 | long leg | $418K | $289K | 20x |
edgeX EWYUSDC
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
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
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL