Funding you earn now, next payment 08:00 UTC+0.0255%/8h= +27.9% APRnext payment +$2.55 per $10,000 · paid last 24h +0.036%
Price spread now: MEXC against OKX−0.016%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now −0.016%, 7d avg −0.010%
=The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.55 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 | 189.70 | 0.0184 | pay 0.0184% / 8h | 6h 19m | $4.1M | $3.5M | 50x |
| Short | MEXC EWY_USDT | 189.67 | 0.0439 | get 0.0439% / 8h | 6h 19m | $7.0M | $4.2M | 100x |
OKX EWY-USDT-SWAP
MEXC EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $53.53
- Price spread: −0.016% → −0.010%
- −$0.53
- Slippage, 4 orders
- −$7.03
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $35.97
- Costs to cover
- 0.170%
- Break-even
- 2.3 days
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 3 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 | 1.32 bp | 7.9 bp −$8 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.26 bp | 0.7 bp −$1 | 0.8 bp −$8 | 3.5 bp −$350 | 113.1 bp −$56.6K |
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 | 189.70 | 0.000% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.67 | −0.016% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.89 | +0.101% | $751K | $389K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.72 | +0.011% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.67 | −0.016% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.90 | +0.105% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.71 | +0.005% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.58 | −0.063% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.83 | +0.069% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.65 | −0.026% | $197K | $146K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.56 | −0.074% | $529K | $330K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.59 | −0.058% | $6.2M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.69 | −0.005% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.57 | −0.069% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.72 | +0.011% | $691 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.69 | −0.005% | $198K | $268K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0057% | 8h | 189.69 | −0.007% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.68 | −0.011% | $977K | $633K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.84 | +0.074% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.74 | +0.021% | $2K | $1K | 20x | as long as short |
| Bitget EWYUSDT | +0.0130% | 8h | 189.67 | −0.016% | $2.7M | $1.9M | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0136% | 1h | 189.60 | −0.053% | $28K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAPlong | +0.0184% | 8h | 189.70 | long leg | $4.1M | $3.5M | 50x | |
| Aster EWYUSDT | +0.0343% | 8h | 189.75 | +0.027% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0415% | 8h | 189.79 | +0.047% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0435% | 8h | 189.67 | −0.015% | $28.3M | $77.4M | 50x | as long as short |
| MEXC EWY_USDTshort | +0.0439% | 8h | 189.67 | −0.016% | $7.0M | $4.2M | 100x | |
| Extended EWY_24_5-USD | +0.0440% | 1h | 189.65 | −0.028% | $302K | $670K | 10x | as long as short |
| edgeX EWYUSDC | +0.0715% | 4h | 189.77 | +0.036% | $425K | $283K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Bitget EWYUSDT
Hotstuff EWY-PERP
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
edgeX EWYUSDC