Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.065%
Price spread now: Gate against BloFin+0.043%93s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$370.369% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.043%, 7d avg +0.001%
=The price spread pays, funding is against you. Gate is 0.041% dearer against BloFin than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of +0.001%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. At the pace of the last 7 days (−0.177% in total) that is about 39 hours. The two prices were read 93 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 | BloFin EWY-USDT | 186.50 | 0.0024 | pay 0.0024% / 8h | 9m 35s | $48K | $217K | 50x |
| Short | Gate EWY_USDT | 186.58 | 0 | get 0.0000% / 8h | 9m 35s | $4.1M | $4.5M | 50x |
BloFin EWY-USDT
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$4.97
- Price spread: +0.043% → +0.001%
- $4.15
- Slippage, 4 orders
- −$9.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.71
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; Gate: 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 BloFin live order book, 61 min ago | 0.53 bp | 6.5 bp −$7 | 6.5 bp −$65 | 13.8 bp −$1,376 | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.95 bp | 12.4 bp −$12 | 25.8 bp −$258 | 46.9 bp −$4,693 | 82.2 bp −$41.1K |
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 | −2.4288% | 1h | 186.41 | −0.048% | $29K | $13K | 20x | as long as short |
| Bitget EWYUSDT | −0.0582% | 8h | 186.59 | +0.048% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0022% | 1h | 186.02 | −0.257% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.55 | +0.028% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.45 | −0.029% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.49 | −0.005% | $27.0M | $83.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.55 | +0.027% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.53 | +0.016% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 186.58 | +0.043% | $4.1M | $4.5M | 50x | |
| MEXC EWY_USDT | 0.0000% | 8h | 186.50 | 0.000% | $7.9M | $4.4M | 100x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Vest EWY-USD-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
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 | 186.45 | −0.026% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.63 | +0.068% | $732K | $422K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.43 | −0.038% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.61 | +0.059% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.53 | +0.016% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDTlong | +0.0024% | 8h | 186.50 | long leg | $48K | $217K | 50x | |
| Lighter EWY | +0.0032% | 1h | 186.37 | −0.070% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.54 | +0.021% | $198K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.36 | −0.075% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.39 | −0.059% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.37 | −0.070% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.48 | −0.011% | $749 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.45 | −0.027% | $233K | $335K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.49 | −0.005% | $517K | $255K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.53 | +0.015% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.42 | −0.043% | $959K | $601K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.56 | +0.032% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.45 | −0.027% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0555% | 1h | 186.44 | −0.032% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0931% | 4h | 186.56 | +0.032% | $418K | $290K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC