Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.055%
Price spread now: Variational Omni against Coinbase International+0.022%7-day average +0.069% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.022%, 7d avg +0.069%
=Together, before fees+0.013%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.047% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 187.85 | 0.0048 | pay 0.0006% / 1h | 41m 33s | $522K | $273K | 20x |
| Short | Variational Omni EWY | 187.89 | 0 | get 0.0000% / 8h | 1h 41m | $1.2M | $1.1M | — |
Coinbase International EWY-PERP-INTX
Variational Omni EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$10.08
- Price spread: +0.022% → +0.069%
- −$4.7
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$24.78
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
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, 2 min ago | 3.99 bp | 9.0 bp −$9 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.23 bp | doesn't fit | 3.7 bp −$37 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0146% | 8h | 187.92 | +0.037% | $2.7M | $2.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.83 | −0.012% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.80 | −0.026% | $239K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.87 | +0.009% | $27.2M | $81.9M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.93 | +0.043% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.81 | −0.021% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.88 | +0.016% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.87 | +0.011% | $8.6M | $4.5M | 100x | as long as short |
| Variational Omni EWYshort | 0.0000% | 8h | 187.89 | +0.022% | $1.2M | $1.1M | — | |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.00 | +0.081% | $744K | $425K | 10x | as long as short |
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 187.79 | −0.032% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.97 | +0.064% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.93 | +0.043% | $1.7M | $36K | 10x | as long as short |
| BloFin EWY-USDT | +0.0013% | 8h | 188.01 | +0.085% | $48K | $216K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.71 | −0.075% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0045% | 1h | 187.60 | −0.133% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.87 | +0.011% | $197K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0048% | 1h | 187.85 | long leg | $522K | $273K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.75 | −0.053% | $6.4M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.80 | −0.027% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.66 | −0.101% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.83 | −0.011% | $759 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.75 | −0.053% | $224K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.88 | +0.019% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0070% | 1h | 187.73 | −0.064% | $2K | $14K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0080% | 1h | 187.77 | −0.043% | $28K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.72 | −0.069% | $966K | $596K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.50 | −0.186% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.85 | 0.000% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0599% | 4h | 187.98 | +0.069% | $421K | $286K | 20x | as long as short |
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
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
Deribit EWY_USDC-PERPETUAL
Hotstuff EWY-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC