Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.054%
Price spread now: Bitget against tradeXYZ+0.069%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days−0.145%−$14 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now +0.069%, 7d avg +0.090%
=Together, before fees−0.138%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.021% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWY | 188.77 | 0.0050 | pay 0.0006% / 1h | 47m 02s | $5.9M | $15.5M | 20x |
| Short | Bitget EWYUSDT | 188.90 | 0 | get 0.0000% / 8h | 5h 47m | $3.1M | $3.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$10.5
- Price spread: +0.069% → +0.090%
- −$2.14
- Slippage, 4 orders
- −$8.6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$51.24
- Costs to cover
- 0.386%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Bitget: live order book, 4 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, 5 min ago | 0.53 bp | 10.9 bp −$11 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.79 bp | 8.8 bp −$9 | 10.9 bp −$109 | 33.6 bp −$3,363 | 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 | −7.2752% | 1h | 187.39 | −0.731% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.83 | +0.032% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.87 | +0.053% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDTshort | 0.0000% | 8h | 188.90 | +0.069% | $3.1M | $3.1M | 20x | |
| SunX EWY-USDT | 0.0000% | 8h | 188.49 | −0.148% | — | $1.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.89 | +0.064% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.72 | −0.026% | $383K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.99 | +0.117% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.88 | +0.058% | $202K | $167K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 188.77 | long leg | $5.9M | $15.5M | 20x |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 188.82 | +0.026% | $143K | $118K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.83 | +0.032% | $777 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.97 | +0.106% | $226K | $315K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 188.97 | +0.108% | $23 | — | 5x | as long as short |
| Polymarket Perps EWY-USD | +0.0072% | 1h | 188.98 | +0.111% | $4K | $6K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0088% | 1h | 188.87 | +0.053% | $524K | $253K | 20x | as long as short |
| Gate EWY_USDT | +0.0096% | 8h | 188.92 | +0.079% | $4.0M | $4.8M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.69 | −0.042% | $970K | $702K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.07 | +0.159% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.82 | +0.026% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0121% | 1h | 188.81 | +0.021% | $3K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0135% | 8h | 188.73 | −0.021% | $292K | $14K | 20x | as long as short |
| Variational Omni EWY | +0.0180% | 8h | 188.99 | +0.115% | $1.1M | $941K | — | as long as short |
| MEXC EWY_USDT | +0.0221% | 8h | 188.86 | +0.048% | $7.4M | $4.3M | 100x | as long as short |
| BloFin EWY-USDT | +0.0223% | 8h | 188.85 | +0.042% | $48K | $237K | 50x | as long as short |
| Binance EWYUSDT | +0.0229% | 8h | 188.83 | +0.033% | $26.3M | $86.5M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0232% | 1h | 188.78 | +0.008% | $247K | $935K | 10x | as long as short |
| HTX EWY-USDT | +0.0398% | 8h | 188.94 | +0.090% | $22K | $36K | 20x | as long as short |
| edgeX EWYUSDC | +0.0493% | 4h | 189.04 | +0.140% | $424K | $290K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0903% | 8h | 189.00 | +0.123% | $741K | $408K | 10x | as long as short |
tradeXYZ xyz:EWY
Bitget EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
SoDEX EWY-USD
Paradex EWY-USD-PERP
Polymarket Perps EWY-USD
Coinbase International EWY-PERP-INTX
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
MEXC EWY_USDT
BloFin EWY-USDT
Binance EWYUSDT
Extended EWY_24_5-USD
HTX EWY-USDT
edgeX EWYUSDC
GRVT EWY_USDT_Perp