Funding you earn now, next payment 01:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.048%
Price spread now: Coinbase International against GRVT−0.296%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.236%+$24 · spread now −0.296%, 7d avg −0.068%
=Together, before fees+0.236%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.228% cheaper against GRVT than usual: you would sell low and buy high (spread −0.296% now, against its 7-day average of −0.068%). If the spread goes back, that is −$23 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (0.000% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT EWY_USDT_Perp | 190.12 | 0 | get 0.0000% / 8h | 6h 01m | $751K | $390K | 10x |
| Short | Coinbase International EWY-PERP-INTX | 189.56 | 0.0048 | get 0.0006% / 1h | 1m 10s | $529K | $322K | 20x |
GRVT EWY_USDT_Perp
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- $10.08
- Price spread: −0.296% → −0.068%
- −$22.79
- Slippage, 4 orders
- −$12.99
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$44.7
- Costs to cover
- 0.320%
- Break-even
- 38.0 days
Slippage from GRVT: live order book, 2 min ago; Coinbase International: live order book, 2 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 GRVT live order book, 2 min ago | 1.58 bp | 6.6 bp −$7 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 3.68 bp | 8.9 bp −$9 | 11.4 bp −$114 | doesn't fit | doesn't fit |
EWY on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0223% | 1h | 190.12 | −0.001% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.22 | +0.051% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.21 | +0.046% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perplong | 0.0000% | 8h | 190.12 | long leg | $751K | $390K | 10x | |
| SunX EWY-USDT | 0.0000% | 8h | 190.26 | +0.072% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.00 | −0.064% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.14 | +0.009% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.18 | +0.030% | $385K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.36 | +0.125% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.16 | +0.020% | $197K | $147K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 189.56 | −0.296% | $529K | $322K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.11 | −0.007% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.05 | −0.038% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.00 | −0.064% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.15 | +0.014% | $739 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.90 | −0.117% | $197K | $274K | 10x | as long as short |
| Bitget EWYUSDT | +0.0053% | 8h | 190.13 | +0.004% | $2.7M | $2.0M | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0062% | 8h | 190.24 | +0.063% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.09 | −0.017% | $979K | $628K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.19 | +0.036% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.25 | +0.067% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0159% | 8h | 190.19 | +0.036% | $4.1M | $3.5M | 50x | as long as short |
| edgeX EWYUSDC | +0.0195% | 4h | 190.01 | −0.060% | $426K | $284K | 20x | as long as short |
| Aster EWYUSDT | +0.0300% | 8h | 190.32 | +0.102% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0358% | 8h | 190.12 | 0.000% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0384% | 1h | 190.10 | −0.009% | $302K | $665K | 10x | as long as short |
| Binance EWYUSDT | +0.0387% | 8h | 190.13 | +0.004% | $28.3M | $77.2M | 50x | as long as short |
| MEXC EWY_USDT | +0.0391% | 8h | 190.16 | +0.020% | $7.0M | $4.3M | 100x | as long as short |
| Hotstuff EWY-PERP | +0.0584% | 1h | 190.20 | +0.041% | $29K | $12K | 20x | as long as short |
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Bitget EWYUSDT
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
edgeX EWYUSDC
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
Hotstuff EWY-PERP