Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG137.4100.0000% / 8h4h 05m$1.5M$1.9M10xLong Phemex
SHORT137.02+0.0814get 0.0407% / 4h5m 31s$288K$238K20xShort edgeX
Price gap−0.281%
Funding gap+0.0814% /8h

Funding pays +$24 a day on $10k, but the gap is 0.165% under its 7d average: −$16 if it goes back, about 16 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$87+0.0814% /8h now · paid +0.870% over the last 7D
Price−$16spread −0.281% now, avg −0.116% → −0.165% if it goes back
Costs−$400.405% of $10k · taker + slippage, in and out
Result+$30+0.30%+ Points / potential airdropedgeX: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.281%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

EWY on 33 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • OK: Fits both order books9.5 / 11.0 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $500
    Phemex 10x, edgeX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$24.42Long Phemex: 3 payments, $0.00; short edgeX: 6 payments, +$24.42.
  • Watch: Gap narrower than usual−0.281% vs −0.116%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$288K vs $1.5M OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • Watch: KYCPhemex Yes · edgeX No
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0414%/8h × 21 periods+$86.96
Price spread−0.281% → −0.116% (7d avg)−$16.50
Slippage, 4 orderslive order books−$19.46
Fee Phemex bp × 2 orders−$12.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k+$30.00
Costs to cover0.405%Break-even4.6 days
Slippage: Phemex: live order book, 4 min ago; edgeX: live order book, 21 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhemex1.829.5 bp−$917.5 bp−$175doesn’t fitdoesn’t fit
SELL · SHORTedgeX6.1711.0 bp−$1116.6 bp−$166doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

EWY news

posts that mention EWY or iShares MSCI South Korea ETF, from every exchange
10-28 04:08SoDEXOther🇰🇷 KOREAN STOCKS ARE ON FIRE! 🚀🔥 SK hynix delivers blockbuster Q3 earnings! 📈 Revenue +328% YoY 💰 Operating profit +631% YoY 🔥 KOSPI +5.8% as AI chip demand fuels the rally! 🚀 Catch the Korean market momentum on SoDEX! 📊 4 Trading Opportunities: 🔥 $SKHX +3.77% — 2× Long SK hynix ETF 🔥 $SKHY +1.92% — SK hynix ADR 🔥 $EWY +3.10% — South Korea ETF 🚀 $KORU +8.91% — 3× Leveraged South Korea ETF 👀 Will the AI-driven rally continue? 👉 Trade now: ETF/ADR changes: Oct 27 U.S. close. KOSPI: Oct 28, 11:20 AM KST. @sodex_official on X ↗
10-19 12:48Polymarket PerpsOtherJUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗
10-15 11:40Kraken FuturesListingnew market PF_EWYUSD ($EWY) seen by our collector
09-25 19:30Vest MarketsOtherTrade $EWY volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
09-25 19:30Vest MarketsOtherHeading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗
09-18 15:04EntropyListingNew listing: iShares MSCI South Korea ETF ($EWY) at 25x Leverage. @entropyIO on X ↗