Funding you earn now, next payment 00:00 UTC+0.0344%/8h= +37.7% APRnext payment +$3.44 per $10,000 · paid last 24h −0.011%
Price spread now: BloFin against OKX−0.084%93s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.084%, 7d avg +0.013%
=Funding pays, the price is against you. BloFin is 0.097% cheaper against OKX than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.013%). If the spread goes back, that is −$10 on $10k: about 23 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.107% in total) that is about 6.4 days. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.44 per $10,000. 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 | OKX EWY-USDT-SWAP | 189.41 | 0.0246 | pay 0.0246% / 8h | 1h 03m | $4.0M | $4.0M | 50x |
| Short | BloFin EWY-USDT | 189.25 | 0.0591 | get 0.0591% / 8h | 1h 03m | $47K | $214K | 50x |
OKX EWY-USDT-SWAP
BloFin EWY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $72.33
- Price spread: −0.084% → +0.013%
- −$9.71
- Slippage, 4 orders
- −$5.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $35.03
- Costs to cover
- 0.276%
- Break-even
- 3.6 days
Slippage from OKX: live order book, 4 min ago; BloFin: 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 OKX live order book, 4 min ago | 0.26 bp | 7.5 bp −$8 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.26 bp | 6.6 bp −$7 | 8.8 bp −$88 | 16.7 bp −$1,670 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | 0.0000% | 1h | 189.21 | −0.106% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.23 | −0.095% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.10 | −0.164% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.24 | −0.090% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.16 | −0.132% | $376K | $100K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.26 | −0.079% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.26 | −0.079% | $194K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.18 | −0.121% | $52K | $52K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.08 | −0.174% | $4K | $74 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.23 | −0.095% | $785 | $3K | 10x | as long as short |
Hotstuff EWY-PERP
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.16 | −0.132% | $221K | $182K | 10x | as long as short |
| tradeXYZ xyz:EWY | +0.0073% | 1h | 189.22 | −0.100% | $6.4M | $14.8M | 20x | as long as short |
| Bybit EWYUSDT | +0.0091% | 8h | 189.41 | 0.000% | $5.2M | $4.1M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.17 | −0.127% | $964K | $719K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.11 | −0.158% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.23 | −0.095% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.24 | −0.090% | $525K | $332K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0129% | 8h | 189.28 | −0.066% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0177% | 8h | 189.33 | −0.042% | $2.5M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0200% | 8h | 189.25 | −0.084% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAPlong | +0.0246% | 8h | 189.41 | long leg | $4.0M | $4.0M | 50x | |
| edgeX EWYUSDC | +0.0335% | 4h | 189.16 | −0.130% | $424K | $274K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0384% | 1h | 189.27 | −0.074% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0491% | 8h | 189.22 | −0.103% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0574% | 8h | 189.18 | −0.122% | $1.5M | $983K | — | as long as short |
| BloFin EWY-USDTshort | +0.0591% | 8h | 189.25 | −0.084% | $47K | $214K | 50x | |
| Extended EWY_24_5-USD | +0.0600% | 1h | 189.25 | −0.082% | $304K | $392K | 10x | as long as short |
| Binance EWYUSDT | +0.0602% | 8h | 189.29 | −0.064% | $28.5M | $79.7M | 50x | as long as short |
| MEXC EWY_USDT | +0.0603% | 8h | 189.30 | −0.058% | $7.5M | $4.5M | 100x | as long as short |
| GRVT EWY_USDT_Perp | +0.0663% | 8h | 189.28 | −0.070% | $749K | $402K | 10x | as long as short |
Ondo Perps EWY-USD.P
tradeXYZ xyz:EWY
Bybit EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Bitget EWYUSDT
HTX EWY-USDT
edgeX EWYUSDC
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
GRVT EWY_USDT_Perp