Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Phemex against OKX+0.021%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.021%, 7d avg +0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWY-USDT-SWAP | 189.11 | 0 | get 0.0000% / 8h | 2h 49m | $4.2M | $4.1M | 50x |
| Short | Phemex EWYUSDT | 189.15 | 0 | get 0.0000% / 8h | 2h 49m | $1.7M | $37K | 10x |
OKX EWY-USDT-SWAP
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.021% → +0.014%
- $0.75
- Slippage, 4 orders
- −$99.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$120.47
- Costs to cover
- 1.212%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Phemex: 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 | 7.3 bp −$7 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.64 bp | 66.8 bp −$67 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | 0.0000% | 8h | 189.14 | +0.015% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 189.08 | −0.014% | $299K | $425K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 189.12 | +0.004% | $27.5M | $78.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.15 | +0.021% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAPlong | 0.0000% | 8h | 189.11 | long leg | $4.2M | $4.1M | 50x | |
| Gate EWY_USDT | 0.0000% | 8h | 189.18 | +0.037% | $4.1M | $4.0M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 189.13 | +0.011% | $6.2M | $3.8M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.17 | +0.032% | $2.7M | $2.3M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 189.24 | +0.070% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.24 | +0.071% | $749K | $410K | 10x | as long as short |
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 189.12 | +0.005% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.05 | −0.032% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.22 | +0.058% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 189.15 | +0.021% | $1.7M | $37K | 10x | |
| BloFin EWY-USDT | +0.0020% | 8h | 189.12 | +0.005% | $48K | $215K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.97 | −0.074% | $383K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 188.40 | −0.375% | $524K | $287K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.12 | +0.005% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.18 | +0.037% | $197K | $148K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.01 | −0.053% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.03 | −0.042% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.98 | −0.069% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.08 | −0.016% | $734 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.17 | +0.032% | $204K | $307K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0052% | 8h | 189.13 | +0.008% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.96 | −0.079% | $973K | $611K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.22 | +0.058% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.17 | +0.032% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0304% | 1h | 189.08 | −0.016% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0654% | 4h | 189.12 | +0.006% | $424K | $284K | 20x | as long as short |
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
BloFin EWY-USDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
Popdex EWYUSDT
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
Hotstuff EWY-PERP
edgeX EWYUSDC