EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.7% APRnext payment −$0.33 per $10,000 · paid last 24h +0.031%

Price spread now: GRVT against OKX−0.022%91s7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as 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−$290.294% of the position

Long on OKX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.022%, 7d avg +0.003%

Together, before fees+0.103%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.025% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EWY-USDT-SWAP	190.81	0.0033	pay 0.0033% / 8h	4h 20m	$4.2M	$3.4M	50x
Short	GRVT EWY_USDT_Perp	190.77	0	get 0.0000% / 8h	4h 20m	$754K	$394K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee GRVTbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$7.03
Price spread: −0.022% → +0.003%: −$2.51
Slippage, 4 orders: −$10.38
Fee OKX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$38.93
Costs to cover: 0.294%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; GRVT: live order book, 38 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, 2 min ago	0.79 bp	9.2 bp −$9	13.1 bp −$131	doesn't fit	doesn't fit
Sell GRVT live order book, 38 min ago	0.26 bp	4.8 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
Bybit EWYUSDT	0.0000%	8h	190.90	+0.047%	$5.2M	$4.2M	100x	as long as short
Gate EWY_USDT	0.0000%	8h	190.89	+0.042%	$4.2M	$3.8M	50x	as long as short
GRVT EWY_USDT_Perpshort	0.0000%	8h	190.77	−0.022%	$754K	$394K	10x
SunX EWY-USDT	0.0000%	8h	190.96	+0.079%	—	$2.5M	20x	as long as short
Deribit EWY_USDC-PERPETUAL	0.0000%	1h	190.92	+0.058%	$2K	$13K	20x	as long as short
HTX EWY-USDT	0.0000%	8h	190.97	+0.084%	$22K	$35K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	190.84	+0.016%	$1.7M	$37K	10x	as long as short
Lighter EWY	+0.0032%	1h	190.86	+0.026%	$387K	$39K	20x	as long as short
OKX EWY-USDT-SWAPlong	+0.0033%	8h	190.81	long leg	$4.2M	$3.4M	50x
Coinbase International EWY-PERP-INTX	+0.0040%	1h	190.57	−0.126%	$531K	$300K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EWYUSDT	+0.0044%	8h	190.95	+0.073%	$296K	$12K	20x	as long as short
Vest EWY-USD-PERP	+0.0046%	1h	191.14	+0.173%	—	$220K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	190.92	+0.058%	$198K	$146K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	190.77	−0.021%	$6.2M	$14.3M	20x	as long as short
Entropy io:EWY	+0.0050%	1h	190.78	−0.016%	$30K	$67K	25x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	190.72	−0.047%	$4K	$126	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	190.84	+0.016%	$751	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	190.80	−0.005%	$201K	$266K	10x	as long as short
Paradex EWY-USD-PERP	+0.0053%	8h	190.98	+0.089%	$23	—	5x	as long as short
Bitget EWYUSDT	+0.0060%	8h	190.85	+0.021%	$2.7M	$2.0M	20x	as long as short
Variational Omni EWY	+0.0083%	8h	190.94	+0.068%	$1.2M	$1.1M	—	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	190.78	−0.016%	$983K	$623K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	190.59	−0.115%	$13K	$265K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	190.91	+0.052%	$2K	$1K	20x	as long as short
Extended EWY_24_5-USD	+0.0120%	1h	190.87	+0.033%	$301K	$669K	10x	as long as short
Binance EWYUSDT	+0.0122%	8h	190.90	+0.045%	$28.2M	$76.4M	50x	as long as short
MEXC EWY_USDT	+0.0125%	8h	190.84	+0.016%	$6.5M	$3.9M	100x	as long as short
BloFin EWY-USDT	+0.0144%	8h	190.95	+0.073%	$48K	$215K	50x	as long as short
Hotstuff EWY-PERP	+0.0216%	1h	190.86	+0.026%	$29K	$12K	20x	as long as short
edgeX EWYUSDC	+0.0916%	4h	190.70	−0.056%	$428K	$284K	20x	as long as short