Funding you earn now, next payment 08:00 UTC+0.0310%/8h= +34.0% APRnext payment +$3.10 per $10,000 · paid last 24h +0.034%
Price spread now: OKX against Gate+0.026%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.026%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and OKX is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.10 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 | 189.92 | 0 | get 0.0000% / 8h | 7h 34m | $4.1M | $3.3M | 50x |
| Short | OKX EWY-USDT-SWAP | 189.97 | 0.0310 | get 0.0310% / 8h | 7h 34m | $4.1M | $3.6M | 50x |
Gate EWY_USDT
OKX EWY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $65.19
- Price spread: +0.026% → +0.002%
- $2.42
- Slippage, 4 orders
- −$14.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $28.33
- Costs to cover
- 0.393%
- Break-even
- 4.0 days
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 3 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, 4 min ago | 2.63 bp | 12.8 bp −$13 | 32.7 bp −$327 | 50.2 bp −$5,023 | 84.8 bp −$42.4K |
| Sell OKX live order book, 3 min ago | 0.26 bp | 7.5 bp −$7 | 10.8 bp −$108 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 189.95 | +0.016% | $5.3M | $4.2M | 100x | as long as short |
| Gate EWY_USDTlong | 0.0000% | 8h | 189.92 | long leg | $4.1M | $3.3M | 50x | |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.21 | +0.153% | $753K | $387K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.11 | +0.100% | — | $2.7M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.94 | +0.011% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.23 | +0.163% | $26K | $28K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.91 | −0.005% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.78 | −0.074% | $378K | $54K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.16 | +0.126% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.93 | +0.005% | $195K | $143K | 20x | as long as short |
Bybit EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.86 | −0.032% | $6.3M | $15.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.05 | +0.068% | $52K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.76 | −0.084% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.93 | +0.005% | $406 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.03 | +0.058% | $229K | $231K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0089% | 8h | 189.99 | +0.036% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.94 | +0.011% | $979K | $671K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.18 | +0.137% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.08 | +0.084% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.77 | −0.079% | $530K | $338K | 20x | as long as short |
| OKX EWY-USDT-SWAPshort | +0.0310% | 8h | 189.97 | +0.026% | $4.1M | $3.6M | 50x | |
| Bitget EWYUSDT | +0.0319% | 8h | 189.94 | +0.011% | $2.7M | $1.6M | 20x | as long as short |
| Aster EWYUSDT | +0.0516% | 8h | 190.12 | +0.103% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0618% | 8h | 190.12 | +0.103% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0639% | 8h | 189.88 | −0.019% | $28.6M | $78.2M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0640% | 1h | 189.92 | +0.001% | $299K | $698K | 10x | as long as short |
| MEXC EWY_USDT | +0.0645% | 8h | 189.97 | +0.026% | $7.5M | $4.5M | 100x | as long as short |
| BloFin EWY-USDT | +0.0665% | 8h | 190.10 | +0.095% | $47K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0700% | 4h | 190.18 | +0.134% | $426K | $282K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0928% | 1h | 189.92 | 0.000% | $28K | $12K | 20x | as long as short |
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
edgeX EWYUSDC
Hotstuff EWY-PERP