EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0476%/8h= −52.1% APRnext payment −$4.76 per $10,000 · paid last 24h −0.039%

Price spread now: Bitget against Gate+0.011%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$450.445% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 7 days−0.005%−$1 · spread now +0.011%, 7d avg +0.005%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate EWY_USDT	185.70	0	get 0.0000% / 8h	7h 22m	$4.2M	$4.5M	50x
Short	Bitget EWYUSDT	185.72	−0.0476	pay 0.0476% / 8h	7h 22m	$3.1M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$99.96
Price spread: +0.011% → +0.005%: $0.62
Slippage, 4 orders: −$17.55
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$143.89
Costs to cover: 0.445%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 5 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 Gate live order book, 1 min ago	1.35 bp	13.5 bp −$13	24.2 bp −$242	47.4 bp −$4,735	82.4 bp −$41.2K
Sell Bitget live order book, 5 min ago	1.08 bp	9.4 bp −$9	15.0 bp −$150	33.5 bp −$3,348	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 EWYUSDTshort	−0.0476%	8h	185.72	+0.011%	$3.1M	$2.7M	20x
Vest EWY-USD-PERP	−0.0014%	1h	185.35	−0.188%	—	$235K	25x	as long as short
Aster EWYUSDT	0.0000%	8h	185.72	+0.011%	$288K	$14K	20x	as long as short
Extended EWY_24_5-USD	0.0000%	1h	185.70	+0.001%	$239K	$912K	10x	as long as short
Binance EWYUSDT	0.0000%	8h	185.68	−0.008%	$26.7M	$82.0M	50x	as long as short
OKX EWY-USDT-SWAP	0.0000%	8h	185.67	−0.016%	$4.1M	$4.6M	50x	as long as short
Gate EWY_USDTlong	0.0000%	8h	185.70	long leg	$4.2M	$4.5M	50x
MEXC EWY_USDT	0.0000%	8h	185.66	−0.022%	$7.4M	$4.5M	100x	as long as short
Variational Omni EWY	0.0000%	8h	185.32	−0.205%	$1.1M	$1.0M	—	as long as short
GRVT EWY_USDT_Perp	0.0000%	8h	185.42	−0.151%	$727K	$418K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX EWY-USDT	0.0000%	8h	185.68	−0.011%	—	$2.3M	20x	as long as short
HTX EWY-USDT	0.0000%	8h	185.50	−0.108%	$22K	$35K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	185.58	−0.065%	$1.6M	$36K	10x	as long as short
Bybit EWYUSDT	+0.0011%	8h	185.73	+0.016%	$5.0M	$4.8M	100x	as long as short
BloFin EWY-USDT	+0.0019%	8h	185.59	−0.059%	$48K	$220K	50x	as long as short
Lighter EWY	+0.0032%	1h	185.54	−0.086%	$376K	$40K	20x	as long as short
Popdex EWYUSDT	+0.0048%	1h	185.67	−0.016%	$195K	$154K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	185.51	−0.102%	$6.0M	$14.5M	20x	as long as short
Entropy io:EWY	+0.0050%	1h	185.44	−0.140%	$141K	$119K	25x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	185.51	−0.102%	$4K	$141	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	185.51	−0.102%	$740	$3K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	185.25	−0.242%	$233K	$333K	10x	as long as short
Paradex EWY-USD-PERP	+0.0056%	8h	185.71	+0.003%	$22	—	5x	as long as short
edgeX EWYUSDC	+0.0074%	4h	185.37	−0.176%	$416K	$285K	20x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	185.50	−0.108%	$955K	$631K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	184.80	−0.485%	$13K	$264K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	185.56	−0.075%	$2K	$1K	20x	as long as short
Coinbase International EWY-PERP-INTX	+0.0112%	1h	185.38	−0.172%	$515K	$250K	20x	as long as short
Deribit EWY_USDC-PERPETUAL	+0.0128%	1h	185.49	−0.113%	$3K	$15K	20x	as long as short
Hotstuff EWY-PERP	+0.0176%	1h	185.38	−0.172%	$27K	$16K	20x	as long as short