Funding you earn now, next payment 08:00 UTC−0.0309%/8h= −33.8% APRpaid last 24h −0.161%
Price spread now: OKX against edgeX−0.042%101s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as 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−$360.361% of the position
Funding, last 7 days−0.983%−$98 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.042%, 7d avg +0.004%
=Together, before fees−0.952%+ Points / potential airdropedgeX: Active · farm board−$95 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and OKX is 0.045% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 101 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 | 189.49 | 0.0309 | pay 0.0154% / 4h | 3h 21m | $425K | $283K | 20x |
| Short | OKX EWY-USDT-SWAP | 189.41 | 0 | get 0.0000% / 8h | 3h 21m | $4.3M | $4.0M | 50x |
edgeX EWYUSDC
OKX EWY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$64.79
- Price spread: −0.042% → +0.004%
- −$4.55
- Slippage, 4 orders
- −$17.13
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$105.47
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 32 min ago; OKX: live order book, 1 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, 32 min ago | 5.26 bp | 10.2 bp −$10 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.26 bp | 8.6 bp −$9 | 12.6 bp −$126 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EWY-USDT | −0.0030% | 8h | 189.24 | −0.131% | $48K | $214K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 189.34 | −0.077% | $294K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 189.36 | −0.067% | $300K | $667K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 189.44 | −0.025% | $27.7M | $77.4M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.43 | −0.031% | $5.1M | $4.3M | 100x | as long as short |
| OKX EWY-USDT-SWAPshort | 0.0000% | 8h | 189.41 | −0.042% | $4.3M | $4.0M | 50x | |
| Gate EWY_USDT | 0.0000% | 8h | 189.37 | −0.063% | $4.1M | $3.9M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 189.44 | −0.026% | $6.2M | $3.8M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.53 | +0.022% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 189.37 | −0.063% | $1.2M | $1.1M | — | as long as short |
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.39 | −0.053% | $749K | $402K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.24 | −0.131% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.23 | −0.137% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.44 | −0.026% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.38 | −0.057% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.22 | −0.142% | $383K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.26 | −0.121% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.25 | −0.126% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.50 | +0.006% | $527K | $291K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.26 | −0.121% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.33 | −0.084% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.14 | −0.184% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.24 | −0.131% | $739 | $4K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0050% | 8h | 189.26 | −0.122% | $23 | — | 5x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.29 | −0.105% | $201K | $302K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.26 | −0.121% | $975K | $612K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.45 | −0.020% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.30 | −0.100% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDClong | +0.0309% | 4h | 189.49 | long leg | $425K | $283K | 20x | |
| Hotstuff EWY-PERP | +0.0400% | 1h | 189.13 | −0.189% | $28K | $12K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Ondo Perps EWY-USD.P
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP