Funding you earn now, next payment 09:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.051%
Price spread now: GRVT against Popdex−0.086%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.086%, 7d avg −0.007%
=Together, before fees+0.168%+ Points / potential airdropGRVT: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.078% cheaper against Popdex than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex EWYUSDT | 185.48 | 0.0048 | pay 0.0006% / 1h | 25m 28s | $194K | $154K | 20x |
| Short | GRVT EWY_USDT_Perp | 185.32 | 0 | get 0.0000% / 8h | 7h 25m | $726K | $418K | 10x |
Popdex EWYUSDT
GRVT EWY_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.086% → −0.007%
- −$7.85
- Slippage, 4 orders
- −$16.32
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$49.64
- Costs to cover
- 0.317%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 8 min ago; GRVT: live order book, 7 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, 8 min ago | 4.85 bp | 10.8 bp −$11 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 7 min ago | 1.89 bp | 6.4 bp −$6 | 12.8 bp −$128 | 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 | −0.0488% | 8h | 185.45 | −0.016% | $3.1M | $2.7M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0104% | 1h | 185.22 | −0.140% | $27K | $16K | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0015% | 1h | 185.09 | −0.210% | — | $235K | 25x | as long as short |
| BloFin EWY-USDT | −0.0008% | 8h | 185.42 | −0.032% | $48K | $219K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.72 | +0.128% | $288K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.40 | −0.045% | $239K | $916K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 185.47 | −0.005% | $26.7M | $82.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 185.43 | −0.027% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.31 | −0.092% | $4.0M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.38 | −0.054% | $4.0M | $4.4M | 50x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
Vest EWY-USD-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EWY_USDT | 0.0000% | 8h | 185.36 | −0.065% | $7.4M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 185.32 | −0.087% | $1.1M | $1.0M | — | as long as short |
| GRVT EWY_USDT_Perpshort | 0.0000% | 8h | 185.32 | −0.086% | $726K | $418K | 10x | |
| SunX EWY-USDT | 0.0000% | 8h | 185.58 | +0.054% | — | $2.3M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 185.27 | −0.113% | $3K | $15K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 185.50 | +0.011% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 185.34 | −0.075% | $1.6M | $36K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 185.16 | −0.173% | $375K | $40K | 20x | as long as short |
| Popdex EWYUSDTlong | +0.0048% | 1h | 185.48 | long leg | $194K | $154K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 185.17 | −0.167% | $6.0M | $15.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 185.21 | −0.146% | $140K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 185.36 | −0.065% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 185.30 | −0.097% | $737 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 185.32 | −0.086% | $233K | $333K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 185.31 | −0.092% | $22 | — | 5x | as long as short |
| edgeX EWYUSDC | +0.0069% | 4h | 185.29 | −0.101% | $415K | $285K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.22 | −0.140% | $954K | $629K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 184.80 | −0.367% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.39 | −0.049% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 185.09 | −0.210% | $513K | $249K | 20x | as long as short |
MEXC EWY_USDT
Variational Omni EWY
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
edgeX EWYUSDC
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX