Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.040%
Price spread now: KuCoin against MEXC−0.096%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$343as in the Price arb table
costs, in and out, $10k−$3393.386% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.096%, 7d avg −0.051%
=Funding pays, the price is against you. KuCoin is 0.045% cheaper against MEXC than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.051%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.031% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWY_USDT | 188.12 | 0 | get 0.0000% / 8h | 1h 52m | $7.9M | $4.2M | 100x |
| Short | KuCoin EWYUSDTM | 187.94 | 0.0100 | get 0.0100% / 8h | 1h 52m | $967K | $598K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.096% → −0.051%
- −$4.45
- Slippage, 4 orders
- −$326.63
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$322.08
- Costs to cover
- 3.386%
- Break-even
- 114.4 days
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 47 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, 5 min ago | 0.26 bp | 0.3 bp $0 | 0.3 bp −$3 | 2.7 bp −$269 | 95.8 bp −$47.9K |
| Sell KuCoin live order book, 47 min ago | 5.86 bp | 154.0 bp −$154 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0106% | 8h | 188.16 | +0.021% | $2.7M | $2.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.07 | −0.025% | $292K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.00 | −0.064% | $241K | $500K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.09 | −0.016% | $27.3M | $81.5M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.15 | +0.016% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.99 | −0.069% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.10 | −0.011% | $4.1M | $4.2M | 50x | as long as short |
| MEXC EWY_USDTlong | 0.0000% | 8h | 188.12 | long leg | $7.9M | $4.2M | 100x | |
| Variational Omni EWY | 0.0000% | 8h | 188.18 | +0.033% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.10 | −0.010% | $743K | $419K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 188.06 | −0.032% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 188.06 | −0.032% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.27 | +0.080% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.11 | −0.005% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0022% | 8h | 188.13 | +0.005% | $48K | $216K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.94 | −0.096% | $381K | $40K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0040% | 1h | 187.87 | −0.133% | $28K | $12K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.82 | −0.159% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.10 | −0.011% | $197K | $150K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.61 | +0.260% | $524K | $274K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.99 | −0.069% | $6.3M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.05 | −0.037% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.92 | −0.106% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.97 | −0.080% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.83 | −0.154% | $215K | $318K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 188.16 | +0.020% | $23 | — | 5x | as long as short |
| edgeX EWYUSDC | +0.0077% | 4h | 188.11 | −0.005% | $422K | $284K | 20x | as long as short |
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 187.94 | −0.096% | $967K | $598K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.27 | +0.080% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.04 | −0.043% | $2K | $1K | 20x | as long as short |
MEXC EWY_USDT
KuCoin EWYUSDTM
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
edgeX EWYUSDC
ApeX Omni EWYUSDT