Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate+0.011%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1221.222% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.011%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 189.60 | 0 | get 0.0000% / 8h | 26m 43s | $3.3M | $2.8M | 50x |
| Short | Phemex EWYUSDT | 189.62 | 0 | get 0.0000% / 8h | 26m 43s | $1.7M | $37K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.011% → −0.003%
- $1.34
- Slippage, 4 orders
- −$95.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$120.89
- Costs to cover
- 1.222%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Phemex: 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 Gate live order book, 1 min ago | 2.90 bp | 11.4 bp −$11 | 20.9 bp −$209 | 51.5 bp −$5,150 | 87.2 bp −$43.6K |
| Sell Phemex live order book, 1 min ago | 0.53 bp | 45.0 bp −$45 | doesn't fit | 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 | 189.60 | long leg | $3.3M | $2.8M | 50x | |
| SunX EWY-USDT | 0.0000% | 8h | 189.37 | −0.121% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 189.62 | +0.011% | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 189.55 | −0.026% | $377K | $62K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.69 | +0.047% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.60 | 0.000% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.56 | −0.021% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.44 | −0.084% | $4K | $81 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.59 | −0.005% | $775 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.51 | −0.047% | $243K | $207K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EWYUSDC | +0.0054% | 4h | 189.72 | +0.065% | $425K | $274K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.64 | +0.021% | $965K | $695K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.50 | −0.053% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.61 | +0.005% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.63 | +0.016% | $527K | $339K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0149% | 8h | 189.77 | +0.088% | $23 | — | 5x | as long as short |
| Bybit EWYUSDT | +0.0162% | 8h | 189.70 | +0.053% | $5.3M | $4.2M | 100x | as long as short |
| tradeXYZ xyz:EWY | +0.0184% | 1h | 189.61 | +0.005% | $6.7M | $14.9M | 20x | as long as short |
| Bitget EWYUSDT | +0.0216% | 8h | 189.68 | +0.042% | $2.6M | $1.6M | 20x | as long as short |
| HTX EWY-USDT | +0.0220% | 8h | 189.87 | +0.142% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0317% | 8h | 189.70 | +0.053% | $4.0M | $4.1M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0448% | 1h | 189.61 | +0.005% | $28K | $12K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0542% | 1h | 189.63 | +0.016% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0548% | 8h | 189.58 | −0.010% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0630% | 8h | 189.86 | +0.139% | $1.5M | $983K | — | as long as short |
| GRVT EWY_USDT_Perp | +0.0654% | 8h | 189.88 | +0.145% | $751K | $397K | 10x | as long as short |
| BloFin EWY-USDT | +0.0669% | 8h | 189.61 | +0.005% | $47K | $214K | 50x | as long as short |
| MEXC EWY_USDT | +0.0671% | 8h | 189.63 | +0.016% | $7.5M | $4.5M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0672% | 1h | 189.61 | +0.003% | $304K | $385K | 10x | as long as short |
| Binance EWYUSDT | +0.0673% | 8h | 189.64 | +0.021% | $28.5M | $79.8M | 50x | as long as short |
Gate EWY_USDT
Phemex EWYUSDT
SunX EWY-USDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
edgeX EWYUSDC
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Bybit EWYUSDT
tradeXYZ xyz:EWY
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_Perp
BloFin EWY-USDT
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT