Funding you earn now, next payment 16:00 UTC+0.0667%/8h= +73.0% APRnext payment +$6.67 per $10,000 · paid last 24h +0.066%
Price spread now: GRVT against SunX+0.241%46s7-day average +0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.241%, 7d avg +0.011%
=Together, before fees−0.039%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and GRVT is 0.230% dearer against SunX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.67 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX EWY-USDT | 187.31 | 0 | get 0.0000% / 8h | 6h 19m | — | $1.9M | 20x |
| Short | GRVT EWY_USDT_Perp | 187.76 | 0.0667 | get 0.0667% / 8h | 6h 19m | $735K | $410K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against SunX. 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
- $140.07
- Price spread: +0.241% → +0.011%
- $23
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $146.07
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 10 min ago; GRVT: live order book, 31 min ago. Net counts fees only.
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 SunX live order book, 10 min ago | 500.17 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 31 min ago | 1.60 bp | 6.6 bp −$7 | 10.9 bp −$109 | 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 | −0.0136% | 1h | 187.51 | +0.107% | $28K | $16K | 20x | as long as short |
| Bitget EWYUSDT | −0.0117% | 8h | 187.63 | +0.171% | $3.1M | $2.9M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.51 | +0.108% | $290K | $14K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.66 | +0.187% | $4.9M | $4.7M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.56 | +0.133% | $4.0M | $4.7M | 50x | as long as short |
| SunX EWY-USDTlong | 0.0000% | 8h | 187.31 | long leg | — | $1.9M | 20x | |
| Phemex EWYUSDT | 0.0000% | 8h | 187.66 | +0.187% | $1.7M | $37K | 10x | as long as short |
| Variational Omni EWY | +0.0018% | 8h | 187.61 | +0.158% | $1.2M | $909K | — | as long as short |
| BloFin EWY-USDT | +0.0032% | 8h | 187.61 | +0.160% | $48K | $227K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.43 | +0.064% | $380K | $44K | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.71 | +0.214% | — | $215K | 25x | as long as short |
| Extended EWY_24_5-USD | +0.0048% | 1h | 187.56 | +0.134% | $234K | $909K | 10x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.65 | +0.182% | $199K | $166K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.50 | +0.101% | $5.8M | $15.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.58 | +0.144% | $142K | $119K | 25x | as long as short |
| MEXC EWY_USDT | +0.0050% | 8h | 187.61 | +0.160% | $7.4M | $4.3M | 100x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.67 | +0.192% | $4K | $5K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.63 | +0.171% | $769 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.45 | +0.075% | $227K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0052% | 8h | 187.73 | +0.225% | $23 | — | 5x | as long as short |
| Binance EWYUSDT | +0.0056% | 8h | 187.62 | +0.167% | $26.3M | $83.4M | 50x | as long as short |
| Gate EWY_USDT | +0.0079% | 8h | 187.70 | +0.208% | $4.0M | $4.6M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.48 | +0.091% | $964K | $679K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.42 | +0.059% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.63 | +0.171% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0123% | 1h | 187.60 | +0.155% | $3K | $14K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 187.79 | +0.256% | $521K | $248K | 20x | as long as short |
| HTX EWY-USDT | +0.0189% | 8h | 187.77 | +0.246% | $22K | $35K | 20x | as long as short |
| edgeX EWYUSDC | +0.0309% | 4h | 187.67 | +0.190% | $421K | $286K | 20x | as long as short |
| GRVT EWY_USDT_Perpshort | +0.0667% | 8h | 187.76 | +0.241% | $735K | $410K | 10x |
SunX EWY-USDT
GRVT EWY_USDT_Perp
Bitget EWYUSDT
Aster EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Phemex EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Lighter EWY
Extended EWY_24_5-USD
Popdex EWYUSDT
tradeXYZ xyz:EWY
MEXC EWY_USDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Binance EWYUSDT
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
edgeX EWYUSDC