Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.057%
Price spread now: Coinbase International against MEXC−0.005%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.005%, 7d avg −0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.070% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWY_USDT | 189.84 | 0.0045 | pay 0.0045% / 8h | 3h 46m | $6.2M | $3.8M | 100x |
| Short | Coinbase International EWY-PERP-INTX | 189.83 | 0.0048 | get 0.0006% / 1h | 46m 48s | $530K | $293K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $0.63
- Price spread: −0.005% → −0.075%
- $7.02
- Slippage, 4 orders
- −$9.25
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$11.61
- Costs to cover
- 0.193%
- Break-even
- 136.0 days
Slippage from MEXC: live order book, 1 min ago; Coinbase International: live order book, 6 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, 1 min ago | 0.26 bp | 0.3 bp $0 | 0.3 bp −$3 | 2.9 bp −$292 | 93.0 bp −$46.5K |
| Sell Coinbase International live order book, 6 min ago | 4.21 bp | 9.4 bp −$9 | 12.1 bp −$121 | 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 | 189.93 | +0.047% | $294K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.91 | +0.037% | $5.1M | $4.2M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.85 | +0.005% | $4.1M | $3.4M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.86 | +0.011% | $4.2M | $3.8M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.86 | +0.011% | $2.7M | $2.0M | 20x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.88 | +0.019% | $750K | $396K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.88 | +0.021% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.08 | +0.126% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.83 | −0.005% | $1.7M | $37K | 10x | as long as short |
| Variational Omni EWY | +0.0006% | 8h | 190.00 | +0.085% | $1.2M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter EWY | +0.0032% | 1h | 189.79 | −0.026% | $384K | $39K | 20x | as long as short |
| Extended EWY_24_5-USD | +0.0040% | 1h | 189.83 | −0.005% | $301K | $669K | 10x | as long as short |
| Binance EWYUSDT | +0.0043% | 8h | 189.89 | +0.024% | $27.7M | $76.4M | 50x | as long as short |
| MEXC EWY_USDTlong | +0.0045% | 8h | 189.84 | long leg | $6.2M | $3.8M | 100x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.99 | +0.079% | — | $220K | 25x | as long as short |
| Hotstuff EWY-PERP | +0.0048% | 1h | 189.82 | −0.011% | $28K | $12K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.95 | +0.058% | $198K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 189.83 | −0.005% | $530K | $293K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.76 | −0.042% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.84 | 0.000% | $30K | $65K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.76 | −0.042% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.88 | +0.021% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.81 | −0.016% | $198K | $267K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 189.98 | +0.076% | $23 | — | 5x | as long as short |
| BloFin EWY-USDT | +0.0059% | 8h | 189.90 | +0.032% | $47K | $213K | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0066% | 1h | 189.89 | +0.026% | $2K | $13K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.83 | −0.005% | $978K | $611K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.87 | +0.016% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.92 | +0.042% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0822% | 4h | 189.90 | +0.033% | $426K | $284K | 20x | as long as short |
MEXC EWY_USDT
Coinbase International EWY-PERP-INTX
Aster EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Bitget EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Variational Omni EWY
Lighter EWY
Extended EWY_24_5-USD
Binance EWYUSDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
BloFin EWY-USDT
Deribit EWY_USDC-PERPETUAL
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
edgeX EWYUSDC