Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.050%
Price spread now: GRVT against tradeXYZ+0.237%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.237%, 7d avg +0.078%
=Together, before fees−0.184%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.159% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.237% now, against its 7-day average of +0.078%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWY | 187.39 | 0.0050 | pay 0.0006% / 1h | 39m 15s | $6.4M | $14.2M | 20x |
| Short | GRVT EWY_USDT_Perp | 187.83 | 0 | get 0.0000% / 8h | 1h 39m | $743K | $425K | 10x |
tradeXYZ xyz:EWY
GRVT EWY_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: +0.237% → +0.078%
- $15.92
- Slippage, 4 orders
- −$14.38
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$35.96
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; GRVT: 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, 10 min ago | 0.53 bp | 10.7 bp −$11 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 3.72 bp | 12.5 bp −$12 | 17.6 bp −$176 | 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 | −0.0158% | 8h | 187.66 | +0.144% | $2.7M | $2.3M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0016% | 1h | 187.72 | +0.176% | $28K | $12K | 20x | as long as short |
| BloFin EWY-USDT | −0.0011% | 8h | 187.87 | +0.256% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.43 | +0.024% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.40 | +0.003% | $238K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.43 | +0.022% | $27.2M | $81.9M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.53 | +0.075% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.43 | +0.021% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.60 | +0.112% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.56 | +0.091% | $8.6M | $4.5M | 100x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 187.81 | +0.225% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perpshort | 0.0000% | 8h | 187.83 | +0.237% | $743K | $425K | 10x | |
| SunX EWY-USDT | 0.0000% | 8h | 187.46 | +0.037% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.40 | +0.005% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.97 | +0.310% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.82 | +0.229% | $1.7M | $36K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.65 | +0.139% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0044% | 1h | 187.35 | −0.021% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.58 | +0.101% | $197K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 187.84 | +0.240% | $522K | $272K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 187.39 | long leg | $6.4M | $14.2M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 187.74 | +0.187% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.37 | −0.011% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.57 | +0.096% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.69 | +0.160% | $224K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.60 | +0.110% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.50 | +0.059% | $965K | $595K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.72 | +0.176% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.42 | +0.016% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0454% | 4h | 187.85 | +0.244% | $421K | $284K | 20x | as long as short |
Variational Omni EWY
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
Entropy io:EWY
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
edgeX EWYUSDC