Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: KuCoin against tradeXYZ−0.005%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$405as in the Price arb table
costs, in and out, $10k−$4014.014% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.005%, 7d avg +0.027%
=Together, before fees+0.027%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.032% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.027%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWY | 190.44 | 0.0050 | pay 0.0006% / 1h | 58m 58s | $6.2M | $14.5M | 20x |
| Short | KuCoin EWYUSDTM | 190.43 | 0.0100 | get 0.0100% / 8h | 6h 58m | $981K | $644K | 20x |
tradeXYZ xyz:EWY
KuCoin EWYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.005% → +0.027%
- −$3.23
- Slippage, 4 orders
- −$371.43
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$394.16
- Costs to cover
- 4.014%
- Break-even
- 269.8 days
Slippage from tradeXYZ: live order book, 10 min ago; KuCoin: live order book, just now.
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 | 0.52 bp | 10.1 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, just now | 9.98 bp | 202.3 bp −$202 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | −0.0066% | 1h | 190.51 | +0.037% | $52K | $57K | 25x | as long as short |
| Deribit EWY_USDC-PERPETUAL | −0.0065% | 1h | 190.53 | +0.047% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.54 | +0.053% | $5.2M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.56 | +0.063% | $4.0M | $3.5M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.57 | +0.068% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.76 | +0.168% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.51 | +0.037% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.33 | −0.058% | $386K | $34K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.78 | +0.179% | — | $220K | 25x | as long as short |
| GRVT EWY_USDT_Perp | +0.0047% | 8h | 190.56 | +0.062% | $753K | $380K | 10x | as long as short |
Entropy io:EWY
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.58 | +0.074% | $196K | $142K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.43 | −0.005% | $531K | $340K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 190.44 | long leg | $6.2M | $14.5M | 20x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.43 | −0.005% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.55 | +0.058% | $538 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.51 | +0.037% | $229K | $235K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0068% | 8h | 190.57 | +0.067% | $23 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0096% | 1h | 190.53 | +0.047% | $29K | $12K | 20x | as long as short |
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 190.43 | −0.005% | $981K | $644K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.45 | +0.005% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.63 | +0.100% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0266% | 8h | 190.48 | +0.021% | $4.2M | $3.5M | 50x | as long as short |
| Bitget EWYUSDT | +0.0448% | 8h | 190.54 | +0.053% | $2.7M | $1.7M | 20x | as long as short |
| Aster EWYUSDT | +0.0473% | 8h | 190.65 | +0.112% | $296K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0566% | 8h | 190.51 | +0.038% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0568% | 8h | 190.60 | +0.084% | $2K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0592% | 1h | 190.46 | +0.012% | $304K | $670K | 10x | as long as short |
| Binance EWYUSDT | +0.0594% | 8h | 190.51 | +0.037% | $28.5M | $77.4M | 50x | as long as short |
| MEXC EWY_USDT | +0.0595% | 8h | 190.50 | +0.032% | $7.0M | $4.1M | 100x | as long as short |
| edgeX EWYUSDC | +0.0962% | 4h | 190.56 | +0.066% | $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
Hotstuff EWY-PERP
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
edgeX EWYUSDC