Funding you earn now, next payment 00:00 UTC+0.0177%/8h= +19.4% APRnext payment +$1.77 per $10,000 · paid last 24h +0.040%
Price spread now: Bybit against Gate0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now 0.000%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 189.84 | 0 | get 0.0000% / 8h | 0m 31s | $4.0M | $3.5M | 50x |
| Short | Bybit EWYUSDT | 189.84 | 0.0177 | get 0.0177% / 8h | 0m 31s | $5.3M | $4.1M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $37.21
- Price spread: 0.000% → +0.006%
- −$0.59
- Slippage, 4 orders
- −$11.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1.16
- Costs to cover
- 0.378%
- Break-even
- 7.2 days
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 7 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, 3 min ago | 1.58 bp | 10.5 bp −$11 | 26.4 bp −$264 | 47.8 bp −$4,784 | 83.8 bp −$41.9K |
| Sell Bybit live order book, 7 min ago | 0.26 bp | 7.8 bp −$8 | 11.2 bp −$112 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDTlong | 0.0000% | 8h | 189.84 | long leg | $4.0M | $3.5M | 50x | |
| SunX EWY-USDT | 0.0000% | 8h | 189.48 | −0.190% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.75 | −0.047% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.64 | −0.105% | $377K | $62K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.66 | −0.095% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.78 | −0.032% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.58 | −0.137% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.54 | −0.158% | $4K | $81 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.65 | −0.100% | $776 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.50 | −0.179% | $243K | $203K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.60 | −0.126% | $966K | $680K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.58 | −0.137% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.68 | −0.084% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0120% | 8h | 189.85 | +0.006% | $23 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0120% | 1h | 189.76 | −0.042% | $28K | $12K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0139% | 1h | 189.76 | −0.042% | $6.6M | $14.9M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.57 | −0.142% | $529K | $340K | 20x | as long as short |
| Bybit EWYUSDTshort | +0.0177% | 8h | 189.84 | 0.000% | $5.3M | $4.1M | 100x | |
| HTX EWY-USDT | +0.0219% | 8h | 189.63 | −0.111% | $36K | $8K | 20x | as long as short |
| Bitget EWYUSDT | +0.0232% | 8h | 189.81 | −0.016% | $2.7M | $1.5M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0342% | 8h | 189.80 | −0.021% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0488% | 1h | 189.81 | −0.016% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0570% | 8h | 189.65 | −0.100% | $294K | $12K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0655% | 8h | 189.65 | −0.101% | $750K | $386K | 10x | as long as short |
| Variational Omni EWY | +0.0672% | 8h | 189.66 | −0.095% | $1.2M | $1.3M | — | as long as short |
| BloFin EWY-USDT | +0.0678% | 8h | 189.77 | −0.037% | $47K | $214K | 50x | as long as short |
| MEXC EWY_USDT | +0.0702% | 8h | 189.73 | −0.058% | $7.4M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0703% | 8h | 189.77 | −0.036% | $28.5M | $78.7M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0704% | 1h | 189.71 | −0.067% | $299K | $396K | 10x | as long as short |
| edgeX EWYUSDC | +0.0998% | 4h | 189.54 | −0.156% | $425K | $276K | 20x | as long as short |
Gate EWY_USDT
Bybit EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Paradex EWY-USD-PERP
tradeXYZ xyz:EWY
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Bitget EWYUSDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
GRVT EWY_USDT_Perp
Variational Omni EWY
BloFin EWY-USDT
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
edgeX EWYUSDC