Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.037%
Price spread now: Extended against tradeXYZ−0.086%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.086%, 7d avg +0.049%
=Together, before fees+0.092%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board+$9 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 Extended is 0.135% cheaper against tradeXYZ than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWY | 187.77 | 0.0050 | pay 0.0006% / 1h | 57m 09s | $5.9M | $15.2M | 20x |
| Short | Extended EWY_24_5-USD | 187.61 | 0 | get 0.0000% / 1h | 57m 09s | $238K | $896K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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: −0.086% → +0.049%
- −$13.51
- Slippage, 4 orders
- −$2.09
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$49.1
- Costs to cover
- 0.251%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; Extended: live order book, 36 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, 12 min ago | 0.54 bp | 9.5 bp −$10 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Extended live order book, 36 min ago | 0.03 bp | 2.9 bp −$3 | 6.5 bp −$65 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0330% | 8h | 187.89 | +0.064% | $3.1M | $2.8M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.50 | −0.143% | $290K | $14K | 20x | as long as short |
| Extended EWY_24_5-USDshort | 0.0000% | 1h | 187.61 | −0.086% | $238K | $896K | 10x | |
| Binance EWYUSDT | 0.0000% | 8h | 187.80 | +0.016% | $26.8M | $82.4M | 50x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.85 | +0.043% | $4.0M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.88 | +0.059% | $4.0M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.66 | −0.059% | $7.5M | $4.1M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 186.89 | −0.468% | $1.2M | $923K | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.96 | −0.434% | $733K | $414K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.39 | −0.202% | — | $2.1M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWY-USDT | 0.0000% | 8h | 186.97 | −0.426% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.66 | −0.059% | $1.7M | $36K | 10x | as long as short |
| BloFin EWY-USDT | +0.0003% | 8h | 187.77 | 0.000% | $48K | $224K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.64 | −0.069% | $381K | $41K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.66 | −0.059% | — | $215K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.64 | −0.069% | $197K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 187.77 | long leg | $5.9M | $15.2M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 187.29 | −0.256% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.40 | −0.197% | $4K | $4K | 20x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.47 | −0.160% | $235K | $313K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0061% | 8h | 187.65 | −0.063% | $23 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0096% | 1h | 187.48 | −0.154% | $28K | $16K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.52 | −0.133% | $965K | $648K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.94 | −0.442% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.61 | −0.085% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0123% | 1h | 187.64 | −0.069% | $3K | $15K | 20x | as long as short |
| Bybit EWYUSDT | +0.0123% | 8h | 187.84 | +0.037% | $5.0M | $4.6M | 100x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 186.97 | −0.426% | $519K | $237K | 20x | as long as short |
| SoDEX EWY-USD | +0.0559% | 1h | 187.57 | −0.107% | $758 | $3K | 10x | as long as short |
| edgeX EWYUSDC | +0.0756% | 4h | 187.16 | −0.323% | $420K | $284K | 20x | as long as short |
tradeXYZ xyz:EWY
Extended EWY_24_5-USD
Bitget EWYUSDT
Aster EWYUSDT
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Coinbase International EWY-PERP-INTX
SoDEX EWY-USD
edgeX EWYUSDC