Funding you earn now, next payment 23:00 UTC−0.0397%/8h= −43.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.024%
Price spread now: Coinbase International against Deribit−0.100%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Coinbase International is 0.100% cheaper against Deribit than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit EWY_USDC-PERPETUAL | 189.77 | 0.0541 | pay 0.0068% / 1h | 35m 50s | $2K | $13K | 20x |
| Short | Coinbase International EWY-PERP-INTX | 189.58 | 0.0144 | get 0.0018% / 1h | 35m 50s | $527K | $338K | 20x |
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- −$83.38
- Price spread: −0.100% → 0.000%
- −$10.01
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$110.39
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 42 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 42 min ago | 2.38 bp | 8.9 bp −$9 | 11.7 bp −$117 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.70 | −0.037% | $3.2M | $2.7M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.43 | −0.179% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.75 | −0.011% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.63 | −0.074% | $377K | $62K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.75 | −0.011% | — | $217K | 25x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.52 | −0.132% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.58 | −0.100% | $4K | $74 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.73 | −0.021% | $778 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.53 | −0.126% | $232K | $198K | 10x | as long as short |
| Popdex EWYUSDT | +0.0080% | 1h | 189.71 | −0.032% | $195K | $138K | 20x | as long as short |
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.59 | −0.095% | $965K | $703K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.60 | −0.090% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.73 | −0.021% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0144% | 1h | 189.58 | −0.100% | $527K | $338K | 20x | |
| Paradex EWY-USD-PERP | +0.0154% | 8h | 189.84 | +0.037% | $23 | — | 5x | as long as short |
| Bybit EWYUSDT | +0.0154% | 8h | 189.80 | +0.016% | $5.3M | $4.2M | 100x | as long as short |
| tradeXYZ xyz:EWY | +0.0190% | 1h | 189.72 | −0.026% | $6.4M | $14.7M | 20x | as long as short |
| edgeX EWYUSDC | +0.0206% | 4h | 189.60 | −0.090% | $425K | $274K | 20x | as long as short |
| Bitget EWYUSDT | +0.0210% | 8h | 189.77 | 0.000% | $2.6M | $1.6M | 20x | as long as short |
| HTX EWY-USDT | +0.0213% | 8h | 189.67 | −0.053% | $36K | $8K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0256% | 1h | 189.73 | −0.021% | $28K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0303% | 8h | 189.80 | +0.016% | $4.0M | $4.1M | 50x | as long as short |
| Aster EWYUSDT | +0.0530% | 8h | 189.62 | −0.077% | $294K | $12K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUALlong | +0.0541% | 1h | 189.77 | long leg | $2K | $13K | 20x | |
| Variational Omni EWY | +0.0618% | 8h | 189.71 | −0.030% | $1.5M | $983K | — | as long as short |
| BloFin EWY-USDT | +0.0645% | 8h | 189.65 | −0.063% | $47K | $214K | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0647% | 8h | 189.60 | −0.090% | $750K | $399K | 10x | as long as short |
| Extended EWY_24_5-USD | +0.0648% | 1h | 189.67 | −0.054% | $304K | $392K | 10x | as long as short |
| MEXC EWY_USDT | +0.0648% | 8h | 189.71 | −0.032% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0650% | 8h | 189.71 | −0.032% | $28.6M | $79.9M | 50x | as long as short |
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Bybit EWYUSDT
tradeXYZ xyz:EWY
edgeX EWYUSDC
Bitget EWYUSDT
HTX EWY-USDT
Hotstuff EWY-PERP
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
GRVT EWY_USDT_Perp
Extended EWY_24_5-USD
MEXC EWY_USDT
Binance EWYUSDT