Funding you earn now, next payment 07:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.012%
Price spread now: Gate against Coinbase International+0.059%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days−0.155%−$16 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.059%, 7d avg +0.083%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.024% cheaper against Coinbase International than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 187.13 | 0.0056 | pay 0.0007% / 1h | 57m 49s | $520K | $255K | 20x |
| Short | Gate EWY_USDT | 187.24 | 0 | get 0.0000% / 8h | 57m 49s | $4.0M | $4.2M | 50x |
Coinbase International EWY-PERP-INTX
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Coinbase International. 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
- −$11.76
- Price spread: +0.059% → +0.083%
- −$2.44
- Slippage, 4 orders
- −$20.95
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$60.15
- Costs to cover
- 0.459%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 45 min ago; Gate: live order book, 5 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 Coinbase International live order book, 45 min ago | 3.99 bp | 9.0 bp −$9 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.60 bp | 14.9 bp −$15 | 28.1 bp −$281 | 49.2 bp −$4,917 | 83.9 bp −$41.9K |
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 | −0.0361% | 8h | 187.29 | +0.086% | $2.7M | $2.3M | 20x | as long as short |
| tradeXYZ xyz:EWY | −0.0028% | 1h | 187.13 | 0.000% | $6.2M | $14.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.25 | +0.064% | $290K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.15 | +0.010% | $238K | $584K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.21 | +0.045% | $27.1M | $81.5M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.22 | +0.048% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.19 | +0.032% | $4.1M | $4.4M | 50x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 187.24 | +0.059% | $4.0M | $4.2M | 50x | |
| MEXC EWY_USDT | 0.0000% | 8h | 187.22 | +0.048% | $8.5M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.22 | +0.049% | $1.2M | $1.1M | — | as long as short |
Bitget EWYUSDT
tradeXYZ xyz:EWY
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.25 | +0.065% | $740K | $418K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.19 | +0.032% | — | $2.4M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.05 | −0.043% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.29 | +0.086% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.20 | +0.037% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0015% | 8h | 187.37 | +0.128% | $48K | $217K | 50x | as long as short |
| Vest EWY-USD-PERP | +0.0021% | 1h | 186.94 | −0.102% | — | $220K | 25x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.12 | −0.005% | $379K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.19 | +0.032% | $196K | $152K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.18 | +0.027% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.99 | −0.075% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.14 | +0.005% | $746 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.18 | +0.027% | $221K | $328K | 10x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0056% | 1h | 187.13 | long leg | $520K | $255K | 20x | |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 187.21 | +0.043% | $22 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0096% | 1h | 187.15 | +0.011% | $28K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.03 | −0.053% | $963K | $597K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.25 | +0.064% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.13 | 0.000% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0939% | 4h | 187.23 | +0.052% | $420K | $286K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Vest EWY-USD-PERP
Lighter EWY
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Hotstuff EWY-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC