Funding you earn now, next payment 06:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.056%
Price spread now: Popdex against MEXC+0.064%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$140.138% of the position
Funding, last 4 days (all we have)−0.025%−$3 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.064%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Popdex is 0.061% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWY_USDT | 188.54 | 0 | get 0.0000% / 8h | 2h 07m | $8.9M | $4.2M | 100x |
| Short | Popdex EWYUSDT | 188.66 | 0.0048 | get 0.0006% / 1h | 7m 00s | $198K | $151K | 20x |
MEXC EWY_USDT
Popdex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $10.08
- Price spread: +0.064% → +0.003%
- $6.05
- Slippage, 4 orders
- −$7.44
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- $2.29
- Costs to cover
- 0.138%
- Break-even
- 5.4 days
Slippage from MEXC: live order book, 1 min ago; Popdex: live order book, 42 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 | 0.8 bp −$1 | 1.1 bp −$11 | 3.7 bp −$366 | 100.2 bp −$50.1K |
| Sell Popdex live order book, 42 min ago | 1.06 bp | 5.2 bp −$5 | 9.0 bp −$90 | 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 | −0.0144% | 8h | 188.58 | +0.021% | $2.7M | $2.3M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0120% | 1h | 188.50 | −0.021% | $28K | $12K | 20x | as long as short |
| BloFin EWY-USDT | −0.0012% | 8h | 188.57 | +0.016% | $47K | $217K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.65 | +0.057% | $292K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.55 | +0.006% | $241K | $500K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.62 | +0.042% | $27.4M | $81.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.66 | +0.064% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.48 | −0.032% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.57 | +0.016% | $4.1M | $4.2M | 50x | as long as short |
| MEXC EWY_USDTlong | 0.0000% | 8h | 188.54 | long leg | $8.9M | $4.2M | 100x |
Bitget EWYUSDT
Hotstuff EWY-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 188.31 | −0.121% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.35 | −0.102% | $744K | $426K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.60 | +0.032% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.45 | −0.048% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.54 | 0.000% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.53 | −0.005% | $382K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 187.91 | −0.334% | $523K | $277K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.43 | −0.058% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 188.66 | +0.064% | $198K | $151K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.48 | −0.032% | $6.3M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.30 | −0.127% | $125K | $111K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.50 | −0.021% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.53 | −0.005% | $738 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.17 | −0.196% | $216K | $318K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 188.73 | +0.100% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.36 | −0.095% | $970K | $599K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.37 | −0.090% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.57 | +0.016% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0174% | 1h | 188.64 | +0.053% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0835% | 4h | 188.30 | −0.130% | $422K | $284K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
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
edgeX EWYUSDC