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: OKX against Phemex+0.011%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1191.189% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.011%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.024% dearer against Phemex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex EWYUSDT | 188.45 | 0 | get 0.0000% / 8h | 2h 01m | $1.7M | $37K | 10x |
| Short | OKX EWY-USDT-SWAP | 188.47 | 0 | get 0.0000% / 8h | 2h 01m | $4.1M | $4.3M | 50x |
Phemex EWYUSDT
OKX EWY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.011% → −0.014%
- $2.42
- Slippage, 4 orders
- −$96.85
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$116.43
- Costs to cover
- 1.189%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; OKX: live order book, 1 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, 2 min ago | 0.53 bp | 54.1 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.53 bp | 7.0 bp −$7 | 10.8 bp −$108 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0111% | 8h | 188.60 | +0.080% | $2.7M | $2.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.49 | +0.019% | $292K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.46 | +0.006% | $241K | $500K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.53 | +0.041% | $27.4M | $81.4M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.57 | +0.064% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAPshort | 0.0000% | 8h | 188.47 | +0.011% | $4.1M | $4.3M | 50x | |
| Gate EWY_USDT | 0.0000% | 8h | 188.55 | +0.053% | $4.1M | $4.2M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.54 | +0.048% | $8.9M | $4.2M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.57 | +0.065% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.46 | +0.003% | $745K | $424K | 10x | as long as short |
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
MEXC EWY_USDT
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 | 188.54 | +0.048% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.45 | 0.000% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDTlong | 0.0000% | 8h | 188.45 | long leg | $1.7M | $37K | 10x | |
| Deribit EWY_USDC-PERPETUAL | +0.0015% | 1h | 188.48 | +0.016% | $2K | $14K | 20x | as long as short |
| BloFin EWY-USDT | +0.0018% | 8h | 188.42 | −0.016% | $47K | $216K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.38 | −0.037% | $382K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 188.39 | −0.032% | $523K | $278K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.40 | −0.027% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.55 | +0.053% | $198K | $151K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.45 | 0.000% | $6.3M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.37 | −0.042% | $126K | $111K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.40 | −0.027% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.43 | −0.011% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.37 | −0.042% | $215K | $319K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 188.55 | +0.052% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.21 | −0.127% | $969K | $598K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.41 | −0.021% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.50 | +0.027% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0512% | 1h | 188.34 | −0.058% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0585% | 4h | 188.41 | −0.021% | $422K | $285K | 20x | as long as short |
SunX EWY-USDT
HTX EWY-USDT
Deribit EWY_USDC-PERPETUAL
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