Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.065%
Price spread now: BloFin against Phemex−0.016%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.016%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex EWYUSDT | 189.15 | 0 | get 0.0000% / 8h | 2h 49m | $1.7M | $37K | 10x |
| Short | BloFin EWY-USDT | 189.12 | 0.0020 | get 0.0020% / 8h | 2h 49m | $48K | $215K | 50x |
Phemex EWYUSDT
BloFin EWY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $4.12
- Price spread: −0.016% → 0.000%
- −$1.55
- Slippage, 4 orders
- −$96.82
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$118.25
- Costs to cover
- 1.208%
- Break-even
- 208.0 days
Slippage from Phemex: live order book, 4 min ago; BloFin: live order book, 32 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 Phemex live order book, 4 min ago | 2.64 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 0.26 bp | 6.3 bp −$6 | 6.9 bp −$69 | 13.2 bp −$1,324 | 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 | −0.006% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 189.08 | −0.035% | $299K | $425K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 189.12 | −0.017% | $27.5M | $78.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.15 | 0.000% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.11 | −0.021% | $4.2M | $4.1M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.18 | +0.016% | $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 | +0.011% | $2.7M | $2.3M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 189.24 | +0.049% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.24 | +0.050% | $749K | $410K | 10x | as long as short |
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
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 | −0.016% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.05 | −0.053% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.22 | +0.037% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDTlong | 0.0000% | 8h | 189.15 | long leg | $1.7M | $37K | 10x | |
| BloFin EWY-USDTshort | +0.0020% | 8h | 189.12 | −0.016% | $48K | $215K | 50x | |
| Lighter EWY | +0.0032% | 1h | 188.97 | −0.095% | $383K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 188.40 | −0.397% | $524K | $287K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.12 | −0.016% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.18 | +0.016% | $197K | $148K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.01 | −0.074% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.03 | −0.063% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.98 | −0.090% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.08 | −0.037% | $734 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.17 | +0.011% | $204K | $307K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0052% | 8h | 189.13 | −0.013% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.96 | −0.100% | $973K | $611K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.22 | +0.037% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.17 | +0.011% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0304% | 1h | 189.08 | −0.037% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0654% | 4h | 189.12 | −0.016% | $424K | $284K | 20x | as long as short |
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX 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