Funding you earn now, next payment 08:00 UTC−0.0474%/8h= −51.9% APRpaid last 24h −0.180%
Price spread now: tradeXYZ against edgeX−0.108%46s7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as 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−$420.417% of the position
Funding, last 7 days−0.952%−$95 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.108%, 7d avg −0.069%
=Together, before fees−0.983%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$98 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and tradeXYZ is 0.039% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.069%). Swap the legs. The two prices were read 46 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 | 187.06 | 0.0524 | pay 0.0262% / 4h | 34m 34s | $419K | $285K | 20x |
| Short | tradeXYZ xyz:EWY | 186.86 | 0.0050 | get 0.0006% / 1h | 34m 34s | $6.2M | $14.4M | 20x |
edgeX EWYUSDC
tradeXYZ xyz:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$99.62
- Price spread: −0.108% → −0.069%
- −$3.89
- Slippage, 4 orders
- −$14.66
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$145.17
- Costs to cover
- 0.417%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; tradeXYZ: live order book, 4 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, 4 min ago | 5.08 bp | 9.8 bp −$10 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.54 bp | 10.5 bp −$11 | 12.2 bp −$122 | 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 | −0.0434% | 8h | 187.09 | +0.015% | $2.8M | $2.5M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0120% | 1h | 186.85 | −0.113% | $28K | $12K | 20x | as long as short |
| BloFin EWY-USDT | −0.0002% | 8h | 187.04 | −0.012% | $48K | $217K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.04 | −0.009% | $290K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.97 | −0.050% | $238K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.04 | −0.014% | $27.2M | $82.9M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.04 | −0.012% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.93 | −0.070% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.05 | −0.006% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.01 | −0.028% | $8.5M | $4.4M | 100x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 187.02 | −0.023% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.15 | +0.048% | $740K | $416K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.91 | −0.081% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.17 | +0.058% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.07 | +0.005% | $1.7M | $37K | 10x | as long as short |
| Vest EWY-USD-PERP | 0.0000% | 1h | 186.61 | −0.241% | — | $220K | 25x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.78 | −0.151% | $379K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.04 | −0.012% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 186.86 | −0.108% | $6.2M | $14.4M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 186.89 | −0.092% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.84 | −0.118% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.01 | −0.028% | $750 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.87 | −0.102% | $223K | $332K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.85 | −0.113% | $519K | $245K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.99 | −0.040% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.88 | −0.097% | $962K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.08 | +0.010% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.96 | −0.054% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0339% | 1h | 186.91 | −0.081% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDClong | +0.0524% | 4h | 187.06 | long leg | $419K | $285K | 20x |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
Lighter EWY
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL