Funding you earn now, next payment 00:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.008%
Price spread now: Coinbase International against KuCoin−0.089%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2372.367% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.089%, 7d avg −0.024%
=Funding pays, the price is against you. Coinbase International is 0.066% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.024%). If the spread goes back, that is −$7 on $10k: about 5.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EWYUSDTM | 189.95 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $978K | $679K | 20x |
| Short | Coinbase International EWY-PERP-INTX | 189.78 | 0.0144 | get 0.0018% / 1h | 50m 12s | $530K | $337K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against KuCoin. 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
- $9.24
- Price spread: −0.089% → −0.024%
- −$6.58
- Slippage, 4 orders
- −$214.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$234.04
- Costs to cover
- 2.367%
- Break-even
- 184.3 days
Slippage from KuCoin: live order book, 14 min ago; Coinbase International: live order book, 23 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 KuCoin live order book, 14 min ago | 8.18 bp | 127.8 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 23 min ago | 2.90 bp | 7.9 bp −$8 | 12.8 bp −$128 | 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_USDT | 0.0000% | 8h | 190.06 | +0.058% | $4.1M | $3.2M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.94 | −0.005% | $752K | $389K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.83 | −0.063% | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.87 | −0.042% | $37K | $8K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.05 | +0.053% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.93 | −0.011% | $379K | $54K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.04 | +0.047% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.96 | +0.005% | $196K | $141K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.74 | −0.111% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.86 | −0.047% | $4K | $109 | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX EWY-USD | +0.0050% | 1h | 189.96 | +0.005% | $784 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.76 | −0.100% | $242K | $215K | 10x | as long as short |
| KuCoin EWYUSDTMlong | +0.0100% | 8h | 189.95 | long leg | $978K | $679K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.79 | −0.084% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.08 | +0.068% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0107% | 8h | 189.87 | −0.041% | $23 | — | 5x | as long as short |
| Bybit EWYUSDT | +0.0113% | 8h | 190.10 | +0.079% | $5.3M | $4.2M | 100x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0144% | 1h | 189.78 | −0.089% | $530K | $337K | 20x | |
| Deribit EWY_USDC-PERPETUAL | +0.0171% | 1h | 190.05 | +0.053% | $2K | $13K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0174% | 1h | 190.05 | +0.053% | $6.4M | $14.8M | 20x | as long as short |
| Bitget EWYUSDT | +0.0253% | 8h | 190.06 | +0.058% | $2.7M | $1.6M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0337% | 8h | 190.14 | +0.100% | $4.1M | $3.6M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0504% | 1h | 189.81 | −0.074% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0555% | 8h | 190.06 | +0.057% | $295K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0602% | 4h | 189.90 | −0.026% | $426K | $282K | 20x | as long as short |
| Variational Omni EWY | +0.0654% | 8h | 189.97 | +0.008% | $1.2M | $1.3M | — | as long as short |
| Binance EWYUSDT | +0.0685% | 8h | 190.09 | +0.074% | $28.6M | $78.9M | 50x | as long as short |
| MEXC EWY_USDT | +0.0686% | 8h | 190.07 | +0.063% | $6.9M | $4.4M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0688% | 1h | 190.02 | +0.038% | $299K | $439K | 10x | as long as short |
| BloFin EWY-USDT | +0.0692% | 8h | 189.93 | −0.011% | $47K | $214K | 50x | as long as short |
KuCoin EWYUSDTM
Coinbase International EWY-PERP-INTX
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
ApeX Omni EWYUSDT
Paradex EWY-USD-PERP
Bybit EWYUSDT
Deribit EWY_USDC-PERPETUAL
tradeXYZ xyz:EWY
Bitget EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
Binance EWYUSDT
MEXC EWY_USDT
Extended EWY_24_5-USD
BloFin EWY-USDT