Funding you earn now, next payment 02:00 UTC+0.0539%/8h= +59.0% APRpaid last 24h +0.055%
Price spread now: Binance against tradeXYZ+0.032%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 2 days (all we have)+0.095%+$10 · spread now +0.032%, 7d avg +0.073%
=Together, before fees+0.139%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.042% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.073%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.044% in total) that is about 6.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWY | 190.38 | 0.0050 | pay 0.0006% / 1h | 57m 54s | $6.2M | $14.5M | 20x |
| Short | Binance EWYUSDT | 190.44 | 0.0589 | get 0.0589% / 8h | 6h 57m | $28.5M | $77.4M | 50x |
tradeXYZ xyz:EWY
Binance EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- $113.09
- Price spread: +0.032% → +0.073%
- −$4.16
- Slippage, 4 orders
- −$4.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $76.91
- Costs to cover
- 0.320%
- Break-even
- 2.2 days
Slippage from tradeXYZ: live order book, 11 min ago; Binance: live order book, 15 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 tradeXYZ live order book, 11 min ago | 0.52 bp | 10.1 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.26 bp | 6.5 bp −$6 | 8.0 bp −$80 | 21.1 bp −$2,115 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.45 | +0.037% | $5.2M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.46 | +0.042% | $4.0M | $3.5M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.46 | +0.042% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.36 | −0.011% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.53 | +0.079% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.39 | +0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.21 | −0.089% | $386K | $34K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.75 | +0.194% | — | $220K | 25x | as long as short |
| GRVT EWY_USDT_Perp | +0.0047% | 8h | 190.56 | +0.094% | $753K | $380K | 10x | as long as short |
| Entropy io:EWY | +0.0047% | 1h | 190.48 | +0.053% | $52K | $57K | 25x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
GRVT EWY_USDT_Perp
Entropy io:EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.52 | +0.074% | $196K | $142K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.43 | +0.026% | $531K | $340K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 190.38 | long leg | $6.2M | $14.5M | 20x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.34 | −0.021% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.42 | +0.021% | $542 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.51 | +0.068% | $229K | $235K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0067% | 8h | 190.51 | +0.066% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.44 | +0.032% | $981K | $644K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.45 | +0.037% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.52 | +0.074% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0160% | 1h | 190.47 | +0.047% | $29K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0263% | 8h | 190.42 | +0.021% | $4.2M | $3.5M | 50x | as long as short |
| Bitget EWYUSDT | +0.0447% | 8h | 190.46 | +0.042% | $2.8M | $1.7M | 20x | as long as short |
| Aster EWYUSDT | +0.0469% | 8h | 190.53 | +0.078% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0566% | 8h | 190.51 | +0.069% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0568% | 8h | 190.60 | +0.116% | $2K | $214K | 50x | as long as short |
| Binance EWYUSDTshort | +0.0589% | 8h | 190.44 | +0.032% | $28.5M | $77.4M | 50x | |
| Extended EWY_24_5-USD | +0.0592% | 1h | 190.40 | +0.013% | $304K | $670K | 10x | as long as short |
| MEXC EWY_USDT | +0.0594% | 8h | 190.45 | +0.037% | $7.0M | $4.1M | 100x | as long as short |
| edgeX EWYUSDC | +0.0962% | 4h | 190.56 | +0.097% | $427K | $283K | 20x | as long as short |
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
edgeX EWYUSDC