Funding you earn now, next payment 01:00 UTC−0.0572%/8h= −62.6% APRpaid last 24h −0.055%
Price spread now: Popdex against Binance+0.017%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 3 days (all we have)−0.029%−$3 on $10k
+Price spread, last 2 days (all we have)−0.006%−$1 · spread now +0.017%, 7d avg −0.003%
=The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.029% in total (about -3.1% 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 | Binance EWYUSDT | 190.56 | 0.0620 | pay 0.0620% / 8h | 7h 23m | $28.6M | $78.0M | 50x |
| Short | Popdex EWYUSDT | 190.59 | 0.0048 | get 0.0006% / 1h | 23m 52s | $195K | $142K | 20x |
Binance EWYUSDT
Popdex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Binance. 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
- −$120.02
- Price spread: +0.017% → −0.003%
- $1.95
- Slippage, 4 orders
- −$6.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$140.83
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Popdex: live order book, 50 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, 4 min ago | 0.26 bp | 5.3 bp −$5 | 8.1 bp −$81 | 22.9 bp −$2,294 | doesn't fit |
| Sell Popdex live order book, 50 min ago | 0.79 bp | 5.1 bp −$5 | 13.2 bp −$132 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0169% | 1h | 190.64 | +0.043% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.60 | +0.022% | $5.3M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.51 | −0.025% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.78 | +0.118% | $755K | $384K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.43 | −0.067% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.80 | +0.127% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.48 | −0.041% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.59 | +0.017% | $379K | $56K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.81 | +0.132% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 190.59 | +0.017% | $195K | $142K | 20x |
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-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.52 | −0.020% | $6.2M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.42 | −0.073% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.39 | −0.088% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.48 | −0.041% | $447 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.64 | +0.043% | $230K | $233K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0081% | 8h | 190.64 | +0.044% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.35 | −0.109% | $981K | $664K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.62 | +0.032% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.56 | +0.001% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 190.67 | +0.059% | $532K | $341K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0293% | 8h | 190.62 | +0.032% | $4.2M | $3.6M | 50x | as long as short |
| Bitget EWYUSDT | +0.0370% | 8h | 190.55 | −0.004% | $2.7M | $1.6M | 20x | as long as short |
| Aster EWYUSDT | +0.0502% | 8h | 190.56 | −0.001% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0592% | 8h | 190.74 | +0.097% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0597% | 8h | 190.76 | +0.106% | $47K | $215K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0616% | 1h | 190.47 | −0.047% | $304K | $717K | 10x | as long as short |
| MEXC EWY_USDT | +0.0619% | 8h | 190.50 | −0.031% | $7.4M | $4.5M | 100x | as long as short |
| Binance EWYUSDTlong | +0.0620% | 8h | 190.56 | long leg | $28.6M | $78.0M | 50x | |
| Hotstuff EWY-PERP | +0.0680% | 1h | 190.58 | +0.011% | $29K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0885% | 4h | 190.60 | +0.024% | $427K | $281K | 20x | as long as short |
tradeXYZ xyz:EWY
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
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
Hotstuff EWY-PERP
edgeX EWYUSDC