Funding you earn now, next payment 04:00 UTC+0.0885%/8h= +96.9% APRpaid last 24h +0.143%
Price spread now: edgeX against Phemex−0.066%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1301.299% of the position
Funding, last 7 days+0.974%+$97 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.066%, 7d avg −0.018%
=Together, before fees+1.033%+ Points / potential airdropedgeX: Active · farm board+$103 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.048% cheaper against Phemex than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.018%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$27 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex EWYUSDT | 190.73 | 0 | get 0.0000% / 8h | 7h 25m | $1.7M | $38K | 10x |
| Short | edgeX EWYUSDC | 190.60 | 0.0885 | get 0.0442% / 4h | 3h 25m | $427K | $281K | 20x |
Phemex EWYUSDT
edgeX EWYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $185.85
- Price spread: −0.066% → −0.018%
- −$4.76
- Slippage, 4 orders
- −$108.91
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $51.18
- Costs to cover
- 1.299%
- Break-even
- 5.1 days
Slippage from Phemex: live order book, 3 min ago; edgeX: live order book, 48 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, 3 min ago | 1.84 bp | 37.5 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 48 min ago | 5.54 bp | 10.5 bp −$10 | 14.2 bp −$142 | 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 | 190.74 | +0.005% | $5.3M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.74 | +0.005% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.78 | +0.027% | $755K | $384K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.52 | −0.110% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.76 | +0.016% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.70 | −0.016% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDTlong | 0.0000% | 8h | 190.73 | long leg | $1.7M | $38K | 10x | |
| Lighter EWY | +0.0032% | 1h | 190.63 | −0.052% | $379K | $56K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.90 | +0.089% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.70 | −0.016% | $196K | $142K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.59 | −0.073% | $6.3M | $15.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.41 | −0.168% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.56 | −0.089% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.76 | +0.016% | $443 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.64 | −0.047% | $230K | $233K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0082% | 8h | 190.67 | −0.029% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.49 | −0.126% | $982K | $665K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.62 | −0.058% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.75 | +0.010% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 190.67 | −0.031% | $532K | $341K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0295% | 8h | 190.71 | −0.010% | $4.2M | $3.6M | 50x | as long as short |
| Bitget EWYUSDT | +0.0359% | 8h | 190.75 | +0.010% | $2.7M | $1.6M | 20x | as long as short |
| Aster EWYUSDT | +0.0502% | 8h | 190.66 | −0.035% | $296K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0592% | 8h | 190.74 | +0.007% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0597% | 8h | 190.76 | +0.016% | $47K | $215K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0616% | 1h | 190.70 | −0.016% | $304K | $717K | 10x | as long as short |
| Hotstuff EWY-PERP | +0.0616% | 1h | 190.75 | +0.010% | $29K | $12K | 20x | as long as short |
| MEXC EWY_USDT | +0.0618% | 8h | 190.69 | −0.021% | $7.4M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0619% | 8h | 190.74 | +0.003% | $28.7M | $77.9M | 50x | as long as short |
| edgeX EWYUSDCshort | +0.0885% | 4h | 190.60 | −0.066% | $427K | $281K | 20x |
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
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
Hotstuff EWY-PERP
MEXC EWY_USDT
Binance EWYUSDT