Funding you earn now, next payment 11:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.016%
Price spread now: KuCoin against Popdex−0.180%7-day average −0.056% · 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−$254as in the Price arb table
costs, in and out, $10k−$2422.417% of the position
Funding, last 4 days (all we have)+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.180%, 7d avg −0.056%
=Funding pays, the price is against you. KuCoin is 0.124% cheaper against Popdex than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of −0.056%). If the spread goes back, that is −$12 on $10k: about 7.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex EWYUSDT | 188.74 | 0.0048 | pay 0.0006% / 1h | 45m 59s | $201K | $167K | 20x |
| Short | KuCoin EWYUSDTM | 188.40 | 0.0100 | get 0.0100% / 8h | 5h 45m | $970K | $703K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.92
- Price spread: −0.180% → −0.056%
- −$12.39
- Slippage, 4 orders
- −$223.3
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$243.17
- Costs to cover
- 2.417%
- Break-even
- 162.9 days
Slippage from Popdex: live order book, 1 min ago; KuCoin: live order book, 61 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, 1 min ago | 1.06 bp | 5.0 bp −$5 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 7.48 bp | 106.8 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
EWY on 30 exchanges
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 | −8.0000% | 1h | 188.40 | −0.180% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.56 | −0.095% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.53 | −0.111% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.60 | −0.074% | $3.1M | $3.1M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.43 | −0.164% | — | $1.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.65 | −0.048% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.46 | −0.148% | $382K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.88 | +0.074% | — | $224K | 25x | as long as short |
| Popdex EWYUSDTlong | +0.0048% | 1h | 188.74 | long leg | $201K | $167K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.45 | −0.154% | $5.9M | $15.5M | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 188.76 | +0.011% | $143K | $118K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.65 | −0.048% | $780 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.69 | −0.026% | $226K | $316K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 188.86 | +0.063% | $23 | — | 5x | as long as short |
| Polymarket Perps EWY-USD | +0.0083% | 1h | 188.87 | +0.069% | $4K | $7K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0088% | 1h | 188.87 | +0.069% | $524K | $253K | 20x | as long as short |
| Gate EWY_USDT | +0.0094% | 8h | 188.72 | −0.011% | $4.0M | $4.8M | 50x | as long as short |
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 188.40 | −0.180% | $970K | $703K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.07 | +0.175% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.66 | −0.042% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0121% | 1h | 188.62 | −0.064% | $3K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0141% | 8h | 188.48 | −0.136% | $292K | $14K | 20x | as long as short |
| Variational Omni EWY | +0.0180% | 8h | 188.99 | +0.131% | $1.1M | $941K | — | as long as short |
| BloFin EWY-USDT | +0.0223% | 8h | 188.85 | +0.058% | $48K | $237K | 50x | as long as short |
| MEXC EWY_USDT | +0.0229% | 8h | 188.55 | −0.101% | $7.4M | $4.3M | 100x | as long as short |
| Binance EWYUSDT | +0.0232% | 8h | 188.57 | −0.090% | $26.2M | $86.6M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0232% | 1h | 188.49 | −0.134% | $247K | $935K | 10x | as long as short |
| HTX EWY-USDT | +0.0404% | 8h | 188.94 | +0.106% | $22K | $36K | 20x | as long as short |
| edgeX EWYUSDC | +0.0493% | 4h | 189.04 | +0.156% | $424K | $290K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0903% | 8h | 189.00 | +0.139% | $741K | $408K | 10x | as long as short |
Popdex EWYUSDT
KuCoin EWYUSDTM
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
tradeXYZ xyz:EWY
SoDEX EWY-USD
Paradex EWY-USD-PERP
Polymarket Perps EWY-USD
Coinbase International EWY-PERP-INTX
Gate EWY_USDT
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
HTX EWY-USDT
edgeX EWYUSDC
GRVT EWY_USDT_Perp