Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 137.41 | 0 | 0.0000% / 8h | 4h 05m | $1.5M | $1.9M | 10x | Long Phemex | |
| SHORT | 137.02 | +0.0814 | get 0.0407% / 4h | 5m 31s | $288K | $238K | 20x | Short 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 forecastFunding+$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
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
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
/8hEWY on 33 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books9.5 / 11.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500Phemex 10x, edgeX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments 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 OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCPhemex Yes · edgeX NoKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding 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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
EWY news
posts that mention EWY or iShares MSCI South Korea ETF, from every exchange| 10-28 04:08 | SoDEX | Other | 🇰🇷 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 12:48 | Polymarket Perps | Other | JUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗ |
| 10-15 11:40 | Kraken Futures | Listing | new market PF_EWYUSD ($EWY) seen by our collector |
| 09-25 19:30 | Vest Markets | Other | Trade $EWY volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-25 19:30 | Vest Markets | Other | Heading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗ |
| 09-18 15:04 | Entropy | Listing | New listing: iShares MSCI South Korea ETF ($EWY) at 25x Leverage. @entropyIO on X ↗ |


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