EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0321%/8h= −35.1% APRnext payment −$3.21 per $10,000 · paid last 24h −0.047%

Price spread now: Bitget against Binance−0.016%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$310.310% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.139%−$14 on $10k

Price spread, last 2 days (all we have)+0.028%+$3 · spread now −0.016%, 7d avg +0.009%

Together, before fees−0.111%−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bitget is 0.025% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.009%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.21 per $10,000. 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	Binance EWYUSDT	189.85	0.0423	pay 0.0423% / 8h	6h 15m	$28.3M	$77.5M	50x
Short	Bitget EWYUSDT	189.82	0.0102	get 0.0102% / 8h	6h 15m	$2.8M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$67.39
Price spread: −0.016% → +0.009%: −$2.49
Slippage, 4 orders: −$9.03
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$100.91
Costs to cover: 0.310%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 2 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 Binance live order book, 12 min ago	0.26 bp	5.7 bp −$6	6.6 bp −$66	17.8 bp −$1,783	doesn't fit
Sell Bitget live order book, 2 min ago	1.32 bp	9.8 bp −$10	13.9 bp −$139	32.7 bp −$3,273	65.5 bp −$32.7K

EWY on 29 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
Bybit EWYUSDT	0.0000%	8h	189.90	+0.026%	$5.1M	$4.4M	100x	as long as short
Gate EWY_USDT	0.0000%	8h	189.82	−0.016%	$4.0M	$3.6M	50x	as long as short
GRVT EWY_USDT_Perp	0.0000%	8h	189.59	−0.135%	$749K	$389K	10x	as long as short
SunX EWY-USDT	0.0000%	8h	189.75	−0.053%	—	$2.6M	20x	as long as short
Deribit EWY_USDC-PERPETUAL	0.0000%	1h	189.74	−0.058%	$2K	$13K	20x	as long as short
HTX EWY-USDT	0.0000%	8h	189.78	−0.037%	$22K	$36K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	189.74	−0.058%	$1.7M	$38K	10x	as long as short
Lighter EWY	+0.0032%	1h	189.70	−0.079%	$384K	$40K	20x	as long as short
Vest EWY-USD-PERP	+0.0046%	1h	189.89	+0.021%	—	$220K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	189.73	−0.063%	$197K	$146K	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International EWY-PERP-INTX	+0.0048%	1h	189.56	−0.153%	$529K	$330K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	189.80	−0.026%	$6.2M	$14.0M	20x	as long as short
Entropy io:EWY	+0.0050%	1h	189.71	−0.074%	$51K	$57K	25x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	189.60	−0.132%	$4K	$126	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	189.72	−0.068%	$709	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	189.64	−0.111%	$198K	$272K	10x	as long as short
Paradex EWY-USD-PERP	+0.0056%	8h	189.83	−0.013%	$23	—	5x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	189.69	−0.084%	$977K	$631K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	189.61	−0.126%	$13K	$263K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	189.81	−0.021%	$2K	$1K	20x	as long as short
Bitget EWYUSDTshort	+0.0102%	8h	189.82	−0.016%	$2.8M	$1.9M	20x
Hotstuff EWY-PERP	+0.0128%	1h	189.75	−0.053%	$28K	$12K	20x	as long as short
OKX EWY-USDT-SWAP	+0.0181%	8h	189.78	−0.037%	$4.1M	$3.5M	50x	as long as short
Aster EWYUSDT	+0.0328%	8h	189.85	0.000%	$294K	$12K	20x	as long as short
Variational Omni EWY	+0.0399%	8h	189.76	−0.047%	$1.2M	$1.1M	—	as long as short
Binance EWYUSDTlong	+0.0423%	8h	189.85	long leg	$28.3M	$77.5M	50x
Extended EWY_24_5-USD	+0.0424%	1h	189.76	−0.045%	$302K	$665K	10x	as long as short
MEXC EWY_USDT	+0.0426%	8h	189.86	+0.005%	$7.0M	$4.2M	100x	as long as short
edgeX EWYUSDC	+0.0859%	4h	189.61	−0.125%	$425K	$283K	20x	as long as short