Funding you earn now, next payment 10:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: tradeXYZ against Popdex−0.138%7-day average −0.079% · 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−$38as in the Price arb table
costs, in and out, $10k−$330.325% of the position
Funding, last 4 days (all we have)+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.138%, 7d avg −0.079%
=Together, before fees+0.132%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.059% cheaper against Popdex than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex EWYUSDT | 188.90 | 0.0048 | pay 0.0006% / 1h | 5m 18s | $200K | $165K | 20x |
| Short | tradeXYZ xyz:EWY | 188.64 | 0.0050 | get 0.0006% / 1h | 5m 18s | $5.8M | $15.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0.42
- Price spread: −0.138% → −0.079%
- −$5.88
- Slippage, 4 orders
- −$8.11
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$37.97
- Costs to cover
- 0.325%
- Break-even
- 639.8 days
Slippage from Popdex: live order book, 46 min ago; tradeXYZ: 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, 46 min ago | 1.07 bp | 6.2 bp −$6 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.53 bp | 10.6 bp −$11 | 11.8 bp −$118 | 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 | −4.7704% | 1h | 187.90 | −0.529% | $28K | $16K | 20x | as long as short |
| Bitget EWYUSDT | −0.0036% | 8h | 188.63 | −0.143% | $3.1M | $3.1M | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.76 | −0.074% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.67 | −0.122% | $4.0M | $4.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.49 | −0.217% | — | $1.8M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.48 | −0.222% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.45 | −0.238% | $382K | $45K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.97 | +0.037% | — | $215K | 25x | as long as short |
| Aster EWYUSDT | +0.0048% | 8h | 188.50 | −0.214% | $292K | $14K | 20x | as long as short |
| Popdex EWYUSDTlong | +0.0048% | 1h | 188.90 | long leg | $200K | $165K | 20x |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 188.64 | −0.138% | $5.8M | $15.3M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 188.45 | −0.238% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.94 | +0.021% | $4K | $5K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.57 | −0.175% | $769 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.69 | −0.111% | $227K | $313K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 189.01 | +0.060% | $23 | — | 5x | as long as short |
| Gate EWY_USDT | +0.0089% | 8h | 188.88 | −0.011% | $4.0M | $4.7M | 50x | as long as short |
| Variational Omni EWY | +0.0100% | 8h | 188.82 | −0.042% | $1.1M | $931K | — | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.73 | −0.090% | $970K | $689K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.04 | −0.455% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.65 | −0.132% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0121% | 1h | 188.65 | −0.132% | $3K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 188.51 | −0.206% | $523K | $245K | 20x | as long as short |
| MEXC EWY_USDT | +0.0131% | 8h | 188.76 | −0.074% | $7.3M | $4.4M | 100x | as long as short |
| Binance EWYUSDT | +0.0134% | 8h | 188.55 | −0.185% | $26.3M | $85.2M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0136% | 1h | 188.59 | −0.164% | $235K | $909K | 10x | as long as short |
| BloFin EWY-USDT | +0.0139% | 8h | 188.66 | −0.127% | $48K | $232K | 50x | as long as short |
| HTX EWY-USDT | +0.0299% | 8h | 188.56 | −0.180% | $22K | $36K | 20x | as long as short |
| edgeX EWYUSDC | +0.0611% | 4h | 188.11 | −0.417% | $422K | $286K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0812% | 8h | 188.39 | −0.269% | $739K | $407K | 10x | as long as short |
Popdex EWYUSDT
tradeXYZ xyz:EWY
Bitget EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Aster EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Gate EWY_USDT
Variational Omni EWY
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT
HTX EWY-USDT
edgeX EWYUSDC
GRVT EWY_USDT_Perp