Funding you earn now, next payment 02:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.002%
Price spread now: Popdex against Bybit0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 3 days (all we have)−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now 0.000%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EWYUSDT | 190.42 | 0 | get 0.0000% / 8h | 6h 57m | $5.2M | $4.3M | 100x |
| Short | Popdex EWYUSDT | 190.42 | 0.0048 | get 0.0006% / 1h | 57m 19s | $196K | $141K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Bybit. 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
- $10.08
- Price spread: 0.000% → −0.011%
- $1.1
- Slippage, 4 orders
- −$12.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$19.1
- Costs to cover
- 0.303%
- Break-even
- 20.3 days
Slippage from Bybit: live order book, just now; Popdex: live order book, 11 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 Bybit live order book, just now | 0.52 bp | 7.9 bp −$8 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 11 min ago | 0.52 bp | 5.9 bp −$6 | 15.1 bp −$151 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDTlong | 0.0000% | 8h | 190.42 | long leg | $5.2M | $4.3M | 100x | |
| Gate EWY_USDT | 0.0000% | 8h | 190.42 | 0.000% | $4.0M | $3.5M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.37 | −0.026% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.33 | −0.047% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.53 | +0.058% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.34 | −0.042% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.21 | −0.110% | $386K | $34K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0038% | 8h | 190.62 | +0.107% | $754K | $380K | 10x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.65 | +0.121% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 190.42 | 0.000% | $196K | $141K | 20x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.43 | +0.005% | $531K | $340K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.34 | −0.042% | $6.2M | $14.5M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.41 | −0.005% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.25 | −0.089% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.32 | −0.053% | $547 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.51 | +0.047% | $229K | $235K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0067% | 8h | 190.38 | −0.022% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.42 | 0.000% | $981K | $644K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.48 | +0.032% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.41 | −0.005% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0160% | 1h | 190.39 | −0.016% | $29K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0260% | 8h | 190.37 | −0.026% | $4.2M | $3.5M | 50x | as long as short |
| edgeX EWYUSDC | +0.0429% | 4h | 190.54 | +0.062% | $427K | $281K | 20x | as long as short |
| Bitget EWYUSDT | +0.0443% | 8h | 190.39 | −0.016% | $2.8M | $1.7M | 20x | as long as short |
| Aster EWYUSDT | +0.0465% | 8h | 190.51 | +0.047% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0566% | 8h | 190.51 | +0.048% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0568% | 8h | 190.60 | +0.095% | $2K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0584% | 1h | 190.32 | −0.052% | $304K | $670K | 10x | as long as short |
| Binance EWYUSDT | +0.0586% | 8h | 190.38 | −0.023% | $28.5M | $77.3M | 50x | as long as short |
| MEXC EWY_USDT | +0.0588% | 8h | 190.38 | −0.021% | $7.0M | $4.1M | 100x | as long as short |
Bybit EWYUSDT
Popdex EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
GRVT EWY_USDT_Perp
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
edgeX EWYUSDC
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT