Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.021%
Price spread now: Coinbase International against OKX+0.159%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.159%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.227% dearer against OKX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWY-USDT-SWAP | 189.20 | 0 | get 0.0000% / 8h | 3h 22m | $4.3M | $4.0M | 50x |
| Short | Coinbase International EWY-PERP-INTX | 189.50 | 0.0048 | get 0.0006% / 1h | 22m 57s | $527K | $291K | 20x |
OKX EWY-USDT-SWAP
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $10.08
- Price spread: +0.159% → −0.068%
- $22.68
- Slippage, 4 orders
- −$13.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$0.48
- Costs to cover
- 0.332%
- Break-even
- 7.3 days
Slippage from OKX: live order book, 5 min ago; Coinbase International: live order book, 30 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, 5 min ago | 0.79 bp | 7.3 bp −$7 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 30 min ago | 4.21 bp | 9.4 bp −$9 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0173% | 1h | 189.16 | −0.021% | $2K | $14K | 20x | as long as short |
| BloFin EWY-USDT | −0.0030% | 8h | 189.24 | +0.021% | $48K | $214K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 189.35 | +0.078% | $294K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 189.21 | +0.004% | $300K | $667K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 189.27 | +0.037% | $27.6M | $77.4M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.29 | +0.048% | $5.1M | $4.3M | 100x | as long as short |
| OKX EWY-USDT-SWAPlong | 0.0000% | 8h | 189.20 | long leg | $4.3M | $4.0M | 50x | |
| Gate EWY_USDT | 0.0000% | 8h | 189.24 | +0.021% | $4.1M | $3.9M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 189.25 | +0.026% | $6.2M | $3.8M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.30 | +0.053% | $2.7M | $2.2M | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 189.37 | +0.090% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.39 | +0.099% | $749K | $402K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.33 | +0.069% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.44 | +0.127% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.23 | +0.016% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.12 | −0.042% | $383K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.32 | +0.063% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.27 | +0.037% | $198K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 189.50 | +0.159% | $527K | $291K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.13 | −0.037% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.36 | +0.085% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.06 | −0.074% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.26 | +0.032% | $735 | $4K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0050% | 8h | 189.28 | +0.040% | $23 | — | 5x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.29 | +0.048% | $201K | $302K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.27 | +0.037% | $974K | $612K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.45 | +0.132% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.28 | +0.042% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0309% | 4h | 189.49 | +0.153% | $425K | $283K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0504% | 1h | 189.30 | +0.053% | $28K | $12K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Ondo Perps EWY-USD.P
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC
Hotstuff EWY-PERP