Funding you earn now, next payment 16:00 UTC−0.0427%/8h= −46.8% APRnext payment −$4.27 per $10,000 · paid last 24h −0.070%
Price spread now: Gate against MEXC0.000%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$250.255% of the position
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now 0.000%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.175% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.27 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWY_USDT | 188.31 | 0.0491 | pay 0.0491% / 8h | 4h 47m | $6.8M | $4.7M | 100x |
| Short | Gate EWY_USDT | 188.31 | 0.0064 | get 0.0064% / 8h | 4h 47m | $3.9M | $4.9M | 50x |
MEXC EWY_USDT
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$89.67
- Price spread: 0.000% → +0.007%
- −$0.74
- Slippage, 4 orders
- −$10.5
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$115.91
- Costs to cover
- 0.255%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 4 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, 3 min ago | 0.26 bp | 0.3 bp $0 | 0.7 bp −$7 | 4.1 bp −$409 | 106.4 bp −$53.2K |
| Sell Gate live order book, 4 min ago | 2.65 bp | 12.1 bp −$12 | 24.6 bp −$246 | 47.9 bp −$4,790 | 82.7 bp −$41.4K |
EWY on 30 exchanges
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 | −0.0056% | 1h | 188.26 | −0.027% | $28K | $17K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.36 | +0.027% | $5.0M | $5.1M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.27 | −0.021% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.22 | −0.048% | $3.2M | $3.3M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.87 | −0.234% | — | $1.6M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.29 | −0.011% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.17 | −0.074% | $382K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.19 | −0.064% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.22 | −0.048% | $202K | $174K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.01 | −0.159% | $522K | $253K | 20x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTXShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.20 | −0.058% | $5.9M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.21 | −0.053% | $143K | $118K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.15 | −0.085% | $767 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.12 | −0.101% | $225K | $315K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 188.37 | +0.033% | $23 | — | 5x | as long as short |
| Gate EWY_USDTshort | +0.0064% | 8h | 188.31 | 0.000% | $3.9M | $4.9M | 50x | |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.13 | −0.096% | $968K | $745K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.40 | +0.048% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.27 | −0.021% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0122% | 1h | 188.23 | −0.042% | $3K | $10K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0244% | 1h | 188.35 | +0.021% | $4K | $7K | 20x | as long as short |
| Aster EWYUSDT | +0.0391% | 8h | 188.15 | −0.085% | $291K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0422% | 4h | 188.33 | +0.010% | $422K | $291K | 20x | as long as short |
| Variational Omni EWY | +0.0463% | 8h | 188.38 | +0.035% | $1.1M | $943K | — | as long as short |
| BloFin EWY-USDT | +0.0474% | 8h | 188.07 | −0.127% | $48K | $246K | 50x | as long as short |
| MEXC EWY_USDTlong | +0.0491% | 8h | 188.31 | long leg | $6.8M | $4.7M | 100x | |
| Extended EWY_24_5-USD | +0.0496% | 1h | 188.26 | −0.029% | $247K | $1.4M | 10x | as long as short |
| Binance EWYUSDT | +0.0498% | 8h | 188.32 | +0.005% | $26.1M | $86.8M | 50x | as long as short |
| HTX EWY-USDT | +0.0542% | 8h | 188.05 | −0.138% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.1029% | 8h | 188.38 | +0.039% | $738K | $413K | 10x | as long as short |
tradeXYZ xyz:EWY
Entropy io:EWY
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
Polymarket Perps EWY-USD
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
HTX EWY-USDT
GRVT EWY_USDT_Perp