Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against KuCoin+0.021%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2752.750% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.021%, 7d avg +0.047%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EWYUSDTM | 188.76 | 0.0100 | pay 0.0100% / 8h | 3h 06m | $973K | $613K | 20x |
| Short | OKX EWY-USDT-SWAP | 188.80 | 0 | get 0.0000% / 8h | 3h 06m | $4.2M | $4.0M | 50x |
KuCoin EWYUSDTM
OKX EWY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$21
- Price spread: +0.021% → +0.047%
- −$2.6
- Slippage, 4 orders
- −$252.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$298.55
- Costs to cover
- 2.750%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 38 min ago; OKX: 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 KuCoin live order book, 38 min ago | 7.91 bp | 169.2 bp −$169 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.26 bp | 8.8 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | 0.0000% | 8h | 188.95 | +0.100% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.86 | +0.051% | $300K | $422K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.91 | +0.082% | $27.6M | $77.6M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.95 | +0.101% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAPshort | 0.0000% | 8h | 188.80 | +0.021% | $4.2M | $4.0M | 50x | |
| Gate EWY_USDT | 0.0000% | 8h | 188.88 | +0.064% | $4.1M | $3.9M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.91 | +0.079% | $6.2M | $3.8M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.88 | +0.064% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.85 | +0.049% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.55 | −0.111% | $746K | $406K | 10x | as long as short |
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 188.81 | +0.026% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 188.86 | +0.053% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.91 | +0.079% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.88 | +0.064% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0029% | 8h | 188.75 | −0.005% | $48K | $214K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.78 | +0.011% | $383K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.76 | 0.000% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.95 | +0.101% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.40 | −0.191% | $524K | $290K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.78 | +0.011% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.70 | −0.032% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.78 | +0.011% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.86 | +0.053% | $731 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.44 | −0.170% | $202K | $304K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0051% | 8h | 188.93 | +0.091% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTMlong | +0.0100% | 8h | 188.76 | long leg | $973K | $613K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.46 | −0.159% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.93 | +0.090% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0400% | 1h | 188.62 | −0.074% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0734% | 4h | 188.57 | −0.103% | $423K | $284K | 20x | as long as short |
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
edgeX EWYUSDC