Funding you earn now, next payment 16:00 UTC−0.0349%/8h= −38.2% APRnext payment −$3.49 per $10,000 · paid last 24h −0.109%
Price spread now: Bitget against MEXC+0.043%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$170.167% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.043%, 7d avg +0.011%
=The price spread pays, funding is against you. Bitget is 0.032% dearer against MEXC than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of +0.011%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.188% in total) that is about 28 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.188% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.49 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 | MEXC EWY_USDT | 186.95 | 0 | get 0.0000% / 8h | 7h 00m | $7.5M | $4.5M | 100x |
| Short | Bitget EWYUSDT | 187.03 | −0.0349 | pay 0.0349% / 8h | 7h 00m | $3.1M | $2.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$73.29
- Price spread: +0.043% → +0.011%
- $3.18
- Slippage, 4 orders
- −$4.75
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$86.86
- Costs to cover
- 0.167%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bitget: 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 MEXC live order book, 2 min ago | 0.27 bp | 0.3 bp $0 | 0.3 bp −$3 | 2.9 bp −$288 | 120.3 bp −$60.2K |
| Sell Bitget live order book, 2 min ago | 1.07 bp | 7.9 bp −$8 | 12.7 bp −$127 | 24.1 bp −$2,411 | 79.4 bp −$39.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.5120% | 1h | 186.87 | −0.043% | $28K | $16K | 20x | as long as short |
| Bitget EWYUSDTshort | −0.0349% | 8h | 187.03 | +0.043% | $3.1M | $2.8M | 20x | |
| BloFin EWY-USDT | −0.0001% | 8h | 186.93 | −0.011% | $48K | $223K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.85 | −0.054% | $289K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.94 | −0.008% | $237K | $896K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.03 | +0.041% | $26.8M | $82.3M | 50x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.01 | +0.032% | $4.0M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.09 | +0.075% | $4.0M | $4.7M | 50x | as long as short |
| MEXC EWY_USDTlong | 0.0000% | 8h | 186.95 | long leg | $7.5M | $4.5M | 100x | |
| Variational Omni EWY | 0.0000% | 8h | 186.89 | −0.032% | $1.2M | $923K | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.09 | +0.077% | $734K | $412K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.66 | −0.155% | — | $2.1M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.08 | +0.070% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.96 | +0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.84 | −0.059% | $379K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0039% | 1h | 186.91 | −0.021% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.08 | +0.070% | $196K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.82 | −0.070% | $6.0M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.80 | −0.080% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.76 | −0.102% | $4K | $4K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.95 | 0.000% | $752 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.71 | −0.128% | $235K | $309K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0061% | 8h | 187.09 | +0.077% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.82 | −0.070% | $962K | $645K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.06 | +0.059% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.95 | 0.000% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 186.97 | +0.011% | $519K | $237K | 20x | as long as short |
| Bybit EWYUSDT | +0.0135% | 8h | 187.07 | +0.064% | $5.0M | $4.7M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0339% | 1h | 186.92 | −0.016% | $3K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0724% | 4h | 187.02 | +0.036% | $419K | $286K | 20x | as long as short |
MEXC EWY_USDT
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC