Funding you earn now, next payment 00:00 UTC−0.0155%/8h= −16.9% APRnext payment −$1.55 per $10,000 · paid last 24h −0.022%
Price spread now: Gate against OKX−0.042%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.042%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.041% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWY-USDT-SWAP | 188.93 | 0.0155 | pay 0.0155% / 8h | 2h 09m | $4.0M | $4.0M | 50x |
| Short | Gate EWY_USDT | 188.85 | 0 | get 0.0000% / 8h | 2h 09m | $3.2M | $2.7M | 50x |
OKX EWY-USDT-SWAP
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$32.45
- Price spread: −0.042% → −0.002%
- −$4.06
- Slippage, 4 orders
- −$15.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$77.11
- Costs to cover
- 0.406%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 4 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, 3 min ago | 0.26 bp | 8.0 bp −$8 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.32 bp | 14.2 bp −$14 | 23.3 bp −$233 | 42.7 bp −$4,274 | 78.3 bp −$39.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 188.93 | 0.000% | $5.6M | $3.5M | 100x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 188.85 | −0.042% | $3.2M | $2.7M | 50x | |
| SunX EWY-USDT | 0.0000% | 8h | 188.56 | −0.196% | — | $2.7M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 188.92 | −0.005% | $2K | $13K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.88 | −0.026% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.81 | −0.064% | $376K | $95K | 20x | as long as short |
| HTX EWY-USDT | +0.0041% | 8h | 188.98 | +0.026% | $36K | $8K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.73 | −0.106% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.87 | −0.032% | $193K | $139K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.81 | −0.064% | $6.4M | $14.9M | 20x | as long as short |
Bybit EWYUSDT
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Phemex EWYUSDT
Lighter EWY
HTX EWY-USDT
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.76 | −0.090% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.87 | −0.032% | $774 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.79 | −0.074% | $221K | $181K | 10x | as long as short |
| Entropy io:EWY | +0.0096% | 1h | 188.84 | −0.048% | $49K | $36K | 25x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.83 | −0.053% | $958K | $724K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.96 | +0.016% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.90 | −0.016% | $2K | $1K | 20x | as long as short |
| Bitget EWYUSDT | +0.0104% | 8h | 188.87 | −0.032% | $2.5M | $1.4M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 188.92 | −0.005% | $524K | $331K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0129% | 8h | 189.05 | +0.065% | $23 | — | 5x | as long as short |
| OKX EWY-USDT-SWAPlong | +0.0155% | 8h | 188.93 | long leg | $4.0M | $4.0M | 50x | |
| Aster EWYUSDT | +0.0278% | 8h | 188.76 | −0.093% | $293K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0308% | 4h | 188.93 | +0.001% | $423K | $273K | 20x | as long as short |
| Variational Omni EWY | +0.0313% | 8h | 188.93 | +0.001% | $1.4M | $890K | — | as long as short |
| BloFin EWY-USDT | +0.0362% | 8h | 188.88 | −0.026% | $47K | $213K | 50x | as long as short |
| MEXC EWY_USDT | +0.0362% | 8h | 188.86 | −0.037% | $7.5M | $4.6M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0368% | 1h | 188.85 | −0.040% | $304K | $410K | 10x | as long as short |
| Binance EWYUSDT | +0.0369% | 8h | 188.85 | −0.040% | $28.3M | $79.7M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0376% | 1h | 188.87 | −0.032% | $28K | $12K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0489% | 8h | 188.91 | −0.012% | $748K | $416K | 10x | as long as short |
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Entropy io:EWY
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Bitget EWYUSDT
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
BloFin EWY-USDT
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
Hotstuff EWY-PERP
GRVT EWY_USDT_Perp