Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.055%
Price spread now: tradeXYZ against Binance−0.060%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.318% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.060%, 7d avg −0.086%
=Together, before fees−0.010%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.026% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 185.52 | 0 | get 0.0000% / 8h | 7h 34m | $26.8M | $82.4M | 50x |
| Short | tradeXYZ xyz:EWY | 185.41 | 0.0050 | get 0.0006% / 1h | 34m 06s | $6.2M | $14.9M | 20x |
Binance EWYUSDT
tradeXYZ xyz:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.060% → −0.086%
- $2.55
- Slippage, 4 orders
- −$3.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$18.77
- Costs to cover
- 0.318%
- Break-even
- 19.5 days
Slippage from Binance: live order book, 8 min ago; tradeXYZ: live order book, 4 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, 8 min ago | 0.27 bp | 5.7 bp −$6 | 6.7 bp −$67 | 18.6 bp −$1,860 | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.54 bp | 10.5 bp −$10 | 14.3 bp −$143 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0519% | 8h | 185.56 | +0.021% | $3.1M | $2.7M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0240% | 1h | 185.57 | +0.026% | $27K | $16K | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0018% | 1h | 185.25 | −0.146% | — | $235K | 25x | as long as short |
| BloFin EWY-USDT | −0.0017% | 8h | 185.66 | +0.075% | $48K | $219K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.72 | +0.107% | $288K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.46 | −0.032% | $239K | $916K | 10x | as long as short |
| Binance EWYUSDTlong | 0.0000% | 8h | 185.52 | long leg | $26.8M | $82.4M | 50x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.49 | −0.017% | $4.1M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.62 | +0.053% | $4.0M | $4.4M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 185.59 | +0.037% | $7.6M | $4.4M | 100x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
Vest EWY-USD-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 185.61 | +0.050% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 185.76 | +0.130% | $728K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 185.73 | +0.113% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 185.69 | +0.091% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 185.60 | +0.042% | $1.6M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 185.40 | −0.065% | $376K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 185.52 | −0.001% | $197K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 185.41 | −0.060% | $6.2M | $14.9M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 185.50 | −0.011% | $141K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 185.37 | −0.082% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 185.58 | +0.032% | $741 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 185.58 | +0.032% | $234K | $334K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 185.52 | +0.001% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.62 | +0.053% | $956K | $622K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 185.65 | +0.069% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.73 | +0.113% | $2K | $1K | 20x | as long as short |
| Bybit EWYUSDT | +0.0112% | 8h | 185.54 | +0.010% | $4.9M | $4.8M | 100x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 185.80 | +0.150% | $515K | $250K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0235% | 1h | 185.63 | +0.059% | $3K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0794% | 4h | 185.74 | +0.119% | $416K | $285K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
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
Bybit EWYUSDT
Coinbase International EWY-PERP-INTX
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC