Funding you earn now, next payment 08:00 UTC−0.0141%/8h= −15.4% APRpaid last 24h −0.125%
Price spread now: Binance against edgeX−0.075%60s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days−0.909%−$91 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.075%, 7d avg +0.013%
=Together, before fees−0.804%+ Points / potential airdropedgeX: Active · farm board−$80 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.087% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EWYUSDC | 189.93 | 0.0169 | pay 0.0084% / 4h | 3h 42m | $426K | $285K | 20x |
| Short | Binance EWYUSDT | 189.79 | 0.0028 | get 0.0028% / 8h | 3h 42m | $27.7M | $76.5M | 50x |
edgeX EWYUSDC
Binance EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$29.51
- Price spread: −0.075% → +0.013%
- −$8.74
- Slippage, 4 orders
- −$12.08
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.34
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 11 min ago; Binance: live order book, 15 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 edgeX live order book, 11 min ago | 5.26 bp | 10.2 bp −$10 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.26 bp | 5.4 bp −$5 | 7.2 bp −$72 | 20.9 bp −$2,090 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0040% | 1h | 189.72 | −0.113% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 189.82 | −0.063% | $294K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.86 | −0.039% | $5.1M | $4.2M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.70 | −0.123% | $4.1M | $3.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.84 | −0.050% | $4.2M | $3.8M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.88 | −0.029% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 189.81 | −0.065% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.68 | −0.132% | $750K | $397K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.69 | −0.129% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.08 | +0.077% | $22K | $35K | 20x | as long as short |
Hotstuff EWY-PERP
Aster EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Bitget EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex EWYUSDT | 0.0000% | 8h | 189.82 | −0.060% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0015% | 8h | 189.82 | −0.060% | $47K | $213K | 50x | as long as short |
| Binance EWYUSDTshort | +0.0028% | 8h | 189.79 | −0.075% | $27.7M | $76.5M | 50x | |
| MEXC EWY_USDT | +0.0031% | 8h | 189.84 | −0.050% | $6.2M | $3.8M | 100x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.63 | −0.160% | $384K | $39K | 20x | as long as short |
| Extended EWY_24_5-USD | +0.0032% | 1h | 189.72 | −0.112% | $301K | $670K | 10x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.82 | −0.060% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.86 | −0.039% | $198K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.83 | −0.055% | $530K | $292K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.73 | −0.108% | $6.1M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.72 | −0.113% | $30K | $64K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.66 | −0.144% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.73 | −0.108% | $749 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.63 | −0.160% | $198K | $278K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 189.83 | −0.053% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.75 | −0.097% | $977K | $612K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.70 | −0.123% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.77 | −0.087% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0119% | 1h | 189.73 | −0.108% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDClong | +0.0169% | 4h | 189.93 | long leg | $426K | $285K | 20x |
Phemex EWYUSDT
BloFin EWY-USDT
MEXC EWY_USDT
Lighter EWY
Extended EWY_24_5-USD
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL