Funding you earn now, next payment 02:00 UTC+0.0460%/8h= +50.4% APRpaid last 24h +0.055%
Price spread now: MEXC against tradeXYZ+0.026%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.026%, 7d avg +0.077%
=Together, before fees+0.017%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.050% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.077%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.043% in total) that is about 8.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% 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 | 189.62 | 0.0050 | pay 0.0006% / 1h | 37m 43s | $6.2M | $14.0M | 20x |
| Short | MEXC EWY_USDT | 189.67 | 0.0510 | get 0.0510% / 8h | 6h 37m | $7.0M | $4.2M | 100x |
tradeXYZ xyz:EWY
MEXC EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $96.6
- Price spread: +0.026% → +0.077%
- −$5.05
- Slippage, 4 orders
- −$3.3
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $70.26
- Costs to cover
- 0.213%
- Break-even
- 1.9 days
Slippage from tradeXYZ: live order book, 11 min ago; MEXC: live order book, 5 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 | 0.79 bp | 10.5 bp −$11 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.26 bp | 0.3 bp $0 | 0.4 bp −$4 | 3.3 bp −$335 | 107.1 bp −$53.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0172% | 1h | 189.58 | −0.021% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.71 | +0.047% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.66 | +0.021% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.73 | +0.057% | $750K | $384K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.65 | +0.016% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.65 | +0.016% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.63 | +0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.54 | −0.042% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.78 | +0.084% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.69 | +0.037% | $197K | $146K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.28 | +0.348% | $531K | $336K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 189.62 | long leg | $6.2M | $14.0M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 189.69 | +0.037% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.48 | −0.074% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.58 | −0.021% | $622 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.41 | −0.111% | $229K | $242K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0061% | 8h | 189.67 | +0.024% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.69 | +0.037% | $977K | $634K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.78 | +0.084% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.68 | +0.032% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0192% | 1h | 189.62 | 0.000% | $28K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0219% | 8h | 189.71 | +0.047% | $4.1M | $3.5M | 50x | as long as short |
| Bitget EWYUSDT | +0.0286% | 8h | 189.70 | +0.042% | $2.7M | $1.9M | 20x | as long as short |
| Aster EWYUSDT | +0.0402% | 8h | 189.75 | +0.066% | $294K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0496% | 4h | 189.87 | +0.133% | $425K | $282K | 20x | as long as short |
| Variational Omni EWY | +0.0499% | 8h | 189.70 | +0.040% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0506% | 8h | 189.66 | +0.021% | $28.3M | $77.6M | 50x | as long as short |
| MEXC EWY_USDTshort | +0.0510% | 8h | 189.67 | +0.026% | $7.0M | $4.2M | 100x | |
| Extended EWY_24_5-USD | +0.0512% | 1h | 189.64 | +0.013% | $302K | $670K | 10x | as long as short |
| BloFin EWY-USDT | +0.0565% | 8h | 190.43 | +0.427% | $2K | $214K | 50x | as long as short |
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
Hotstuff EWY-PERP
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT