Funding you earn now, next payment 16:00 UTC−0.0130%/8h= −14.2% APRnext payment −$1.30 per $10,000 · paid last 24h −0.040%
Price spread now: KuCoin against BloFin−0.111%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2452.451% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.111%, 7d avg −0.059%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EWY-USDT | 188.60 | 0.0230 | pay 0.0230% / 8h | 5h 42m | $48K | $237K | 50x |
| Short | KuCoin EWYUSDTM | 188.39 | 0.0100 | get 0.0100% / 8h | 5h 42m | $968K | $707K | 20x |
BloFin EWY-USDT
KuCoin EWYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$27.21
- Price spread: −0.111% → −0.059%
- −$5.2
- Slippage, 4 orders
- −$221.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$277.5
- Costs to cover
- 2.451%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 63 min ago; KuCoin: live order book, 64 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, 63 min ago | 0.27 bp | 6.3 bp −$6 | 8.4 bp −$84 | 19.4 bp −$1,935 | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 7.48 bp | 106.8 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
EWY on 30 exchanges
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 | −8.0000% | 1h | 188.03 | −0.302% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.63 | +0.016% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.62 | +0.011% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.63 | +0.016% | $3.1M | $3.1M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.27 | −0.175% | — | $1.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.61 | +0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.45 | −0.080% | $382K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.60 | 0.000% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.58 | −0.011% | $201K | $167K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.47 | −0.069% | $5.9M | $15.5M | 20x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWYShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 188.60 | 0.000% | $143K | $118K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.55 | −0.027% | $778 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.43 | −0.090% | $226K | $316K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 188.68 | +0.045% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0088% | 1h | 188.46 | −0.074% | $523K | $253K | 20x | as long as short |
| Gate EWY_USDT | +0.0091% | 8h | 188.63 | +0.016% | $4.0M | $4.8M | 50x | as long as short |
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 188.39 | −0.111% | $968K | $707K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.62 | +0.011% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.59 | −0.005% | $2K | $1K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0115% | 1h | 188.72 | +0.064% | $4K | $7K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0121% | 1h | 188.57 | −0.016% | $3K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0153% | 8h | 188.48 | −0.062% | $292K | $14K | 20x | as long as short |
| Variational Omni EWY | +0.0205% | 8h | 188.62 | +0.009% | $1.1M | $941K | — | as long as short |
| BloFin EWY-USDTlong | +0.0230% | 8h | 188.60 | long leg | $48K | $237K | 50x | |
| MEXC EWY_USDT | +0.0244% | 8h | 188.59 | −0.005% | $7.4M | $4.3M | 100x | as long as short |
| Binance EWYUSDT | +0.0248% | 8h | 188.61 | +0.006% | $26.2M | $86.6M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0248% | 1h | 188.52 | −0.044% | $247K | $935K | 10x | as long as short |
| edgeX EWYUSDC | +0.0391% | 4h | 188.54 | −0.029% | $423K | $291K | 20x | as long as short |
| HTX EWY-USDT | +0.0424% | 8h | 188.94 | +0.180% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0912% | 8h | 188.84 | +0.129% | $740K | $408K | 10x | as long as short |
Entropy io:EWY
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
Gate EWY_USDT
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Polymarket Perps EWY-USD
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
edgeX EWYUSDC
HTX EWY-USDT
GRVT EWY_USDT_Perp