Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.056%
Price spread now: Binance against Popdex+0.003%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 4 days (all we have)+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)+0.209%+$21 · spread now +0.003%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, 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 | Popdex EWYUSDT | 186.72 | 0.0048 | pay 0.0006% / 1h | 19m 47s | $197K | $153K | 20x |
| Short | Binance EWYUSDT | 186.73 | 0 | get 0.0000% / 8h | 19m 47s | $27.1M | $83.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Popdex. 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
- −$10.08
- Price spread: +0.003% → +0.009%
- −$0.53
- Slippage, 4 orders
- −$5.29
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.3
- Costs to cover
- 0.217%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 19 min ago; Binance: live order book, 8 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 Popdex live order book, 19 min ago | 0.53 bp | 6.4 bp −$6 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.27 bp | 5.3 bp −$5 | 7.2 bp −$72 | 24.9 bp −$2,492 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.1568% | 1h | 186.64 | −0.043% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | −0.0529% | 8h | 186.83 | +0.059% | $3.0M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0015% | 1h | 186.22 | −0.268% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.75 | +0.014% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.65 | −0.035% | $237K | $912K | 10x | as long as short |
| Binance EWYUSDTshort | 0.0000% | 8h | 186.73 | +0.003% | $27.1M | $83.0M | 50x | |
| Bybit EWYUSDT | 0.0000% | 8h | 186.79 | +0.037% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.67 | −0.027% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.75 | +0.016% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.72 | 0.000% | $8.5M | $4.4M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.65 | −0.036% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.54 | −0.096% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.58 | −0.075% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.77 | +0.027% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.70 | −0.011% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0012% | 8h | 186.71 | −0.005% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.50 | −0.118% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDTlong | +0.0048% | 1h | 186.72 | long leg | $197K | $153K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.57 | −0.080% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.53 | −0.102% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.54 | −0.096% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.69 | −0.016% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.45 | −0.145% | $224K | $326K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.59 | −0.070% | $518K | $254K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 186.66 | −0.034% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.51 | −0.112% | $961K | $602K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.58 | −0.075% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.71 | −0.005% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0232% | 1h | 186.63 | −0.048% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0662% | 4h | 186.56 | −0.088% | $418K | $289K | 20x | as long as short |
Popdex EWYUSDT
Binance EWYUSDT
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC