Funding you earn now, next payment 08:00 UTC−0.0340%/8h= −37.2% APRnext payment −$3.40 per $10,000 · paid last 24h −0.070%
Price spread now: SunX against Binance+0.036%7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.036%, 7d avg −0.021%
=The price spread pays, funding is against you. SunX is 0.057% dearer against Binance than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.021%): +$6 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.180% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.180% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.40 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 | 190.12 | 0.0340 | pay 0.0340% / 8h | 5h 46m | $28.3M | $77.0M | 50x |
| Short | SunX EWY-USDT | 190.19 | 0 | get 0.0000% / 8h | 5h 46m | — | $2.5M | 20x |
Binance EWYUSDT
SunX EWY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$71.33
- Price spread: +0.036% → −0.021%
- $5.74
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$83.6
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; SunX: live order book, 10 min ago. Net counts fees only.
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, 11 min ago | 0.26 bp | 5.3 bp −$5 | 6.8 bp −$68 | 18.8 bp −$1,881 | doesn't fit |
| Sell SunX live order book, 10 min ago | 500.01 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0433% | 1h | 190.11 | −0.006% | $2K | $13K | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0016% | 1h | 190.05 | −0.037% | $28K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.19 | +0.036% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.15 | +0.015% | $4.0M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.45 | +0.175% | $753K | $388K | 10x | as long as short |
| SunX EWY-USDTshort | 0.0000% | 8h | 190.19 | +0.036% | — | $2.5M | 20x | |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.19 | +0.036% | $530K | $318K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.47 | +0.184% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.07 | −0.027% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.18 | +0.031% | $385K | $39K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.28 | +0.084% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.12 | 0.000% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.05 | −0.037% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.19 | +0.036% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.91 | −0.111% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.07 | −0.027% | $742 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.06 | −0.032% | $198K | $274K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 190.18 | +0.030% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0090% | 8h | 190.12 | 0.000% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.18 | +0.031% | $980K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.25 | +0.068% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.20 | +0.042% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0131% | 8h | 190.09 | −0.016% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0258% | 8h | 190.25 | +0.066% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0325% | 8h | 190.41 | +0.151% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0336% | 1h | 190.08 | −0.020% | $302K | $665K | 10x | as long as short |
| BloFin EWY-USDT | +0.0339% | 8h | 190.11 | −0.006% | — | $214K | 50x | as long as short |
| Binance EWYUSDTlong | +0.0340% | 8h | 190.12 | long leg | $28.3M | $77.0M | 50x | |
| MEXC EWY_USDT | +0.0344% | 8h | 190.12 | 0.000% | $6.4M | $4.2M | 100x | as long as short |
| edgeX EWYUSDC | +0.0542% | 4h | 190.27 | +0.078% | $426K | $284K | 20x | as long as short |
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
BloFin EWY-USDT
MEXC EWY_USDT
edgeX EWYUSDC