Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.042%
Price spread now: BloFin against Bitget−0.091%65s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.091%, 7d avg +0.001%
=Funding pays, the price is against you. BloFin is 0.091% cheaper against Bitget than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.001%). If the spread goes back, that is −$9 on $10k: about 8.4 days of funding at the current rate (+$1 a day). The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EWYUSDT | 187.74 | −0.0052 | get 0.0052% / 8h | 2h 26m | $2.7M | $2.3M | 20x |
| Short | BloFin EWY-USDT | 187.57 | −0.0016 | pay 0.0016% / 8h | 2h 26m | $48K | $215K | 50x |
Bitget EWYUSDT
BloFin EWY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $7.63
- Price spread: −0.091% → +0.001%
- −$9.15
- Slippage, 4 orders
- −$7.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.89
- Costs to cover
- 0.314%
- Break-even
- 37.2 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 55 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 Bitget live order book, 1 min ago | 0.80 bp | 9.2 bp −$9 | 13.2 bp −$132 | 34.6 bp −$3,459 | doesn't fit |
| Sell BloFin live order book, 55 min ago | 0.26 bp | 6.3 bp −$6 | 6.9 bp −$69 | 13.2 bp −$1,324 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0136% | 1h | 187.36 | −0.202% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDTlong | −0.0052% | 8h | 187.74 | long leg | $2.7M | $2.3M | 20x | |
| BloFin EWY-USDTshort | −0.0016% | 8h | 187.57 | −0.091% | $48K | $215K | 50x | |
| Aster EWYUSDT | 0.0000% | 8h | 187.60 | −0.075% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.64 | −0.052% | $230K | $491K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.67 | −0.037% | $27.2M | $79.7M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.70 | −0.021% | $4.9M | $4.6M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.60 | −0.075% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.69 | −0.027% | $4.1M | $4.1M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.70 | −0.021% | $6.8M | $4.0M | 100x | as long as short |
Hotstuff EWY-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
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 | 187.64 | −0.051% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.89 | +0.081% | $743K | $415K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.50 | −0.128% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.60 | −0.075% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.68 | −0.032% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.52 | −0.117% | $380K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 187.35 | −0.208% | $521K | $276K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.35 | −0.208% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.63 | −0.059% | $196K | $148K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.57 | −0.091% | $6.3M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.48 | −0.138% | $87K | $93K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.48 | −0.138% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.53 | −0.112% | $730 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.81 | +0.037% | $214K | $316K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 187.65 | −0.050% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.53 | −0.112% | $966K | $604K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.68 | −0.032% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.61 | −0.069% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0123% | 1h | 187.65 | −0.048% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0248% | 4h | 187.88 | +0.073% | $421K | $283K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Coinbase International EWY-PERP-INTX
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
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC