Funding you earn now, next payment 03:00 UTC−0.0301%/8h= −33.0% APRpaid last 24h −0.055%
Price spread now: tradeXYZ against MEXC−0.037%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$220.223% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.037%, 7d avg −0.077%
=Together, before fees−0.007%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.040% dearer against MEXC than usual: you sell high and buy low (spread −0.037% now, against its 7-day average of −0.077%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.043% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.3% a year). A funding rate is set anew for every payment. 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 | 190.32 | 0.0351 | pay 0.0351% / 8h | 5h 50m | $6.4M | $4.2M | 100x |
| Short | tradeXYZ xyz:EWY | 190.25 | 0.0050 | get 0.0006% / 1h | 50m 27s | $6.1M | $14.0M | 20x |
MEXC EWY_USDT
tradeXYZ xyz:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$63.21
- Price spread: −0.037% → −0.077%
- $4.01
- Slippage, 4 orders
- −$4.28
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$81.49
- Costs to cover
- 0.223%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; tradeXYZ: live order book, 8 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 | 0.26 bp | 0.3 bp $0 | 0.3 bp −$3 | 3.1 bp −$310 | 113.7 bp −$56.9K |
| Sell tradeXYZ live order book, 8 min ago | 0.26 bp | 10.2 bp −$10 | 11.5 bp −$115 | doesn't fit | doesn't fit |
EWY on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.40 | +0.042% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.41 | +0.047% | $4.0M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.28 | −0.018% | $752K | $389K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.38 | +0.032% | — | $2.5M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 189.56 | −0.399% | $529K | $320K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.26 | −0.032% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.43 | +0.058% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.25 | −0.037% | $386K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.52 | +0.105% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.32 | 0.000% | $198K | $146K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 190.25 | −0.037% | $6.1M | $14.0M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 190.25 | −0.037% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.14 | −0.095% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.39 | +0.037% | $741 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.31 | −0.005% | $198K | $275K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 190.44 | +0.064% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0065% | 1h | 190.35 | +0.016% | $2K | $13K | 20x | as long as short |
| Bitget EWYUSDT | +0.0090% | 8h | 190.30 | −0.011% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.31 | −0.005% | $980K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.29 | −0.016% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.41 | +0.047% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0140% | 8h | 190.30 | −0.011% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0269% | 8h | 190.42 | +0.051% | $295K | $12K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0272% | 1h | 190.35 | +0.016% | $29K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0325% | 8h | 190.41 | +0.046% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0350% | 8h | 190.39 | +0.037% | $28.4M | $77.0M | 50x | as long as short |
| MEXC EWY_USDTlong | +0.0351% | 8h | 190.32 | long leg | $6.4M | $4.2M | 100x | |
| Extended EWY_24_5-USD | +0.0352% | 1h | 190.38 | +0.033% | $302K | $665K | 10x | as long as short |
| edgeX EWYUSDC | +0.0950% | 4h | 190.24 | −0.041% | $426K | $283K | 20x | as long as short |
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Aster EWYUSDT
Hotstuff EWY-PERP
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
edgeX EWYUSDC