Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.037%
Price spread now: tradeXYZ against Extended−0.011%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.275% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.011%, 7d avg −0.050%
=Together, before fees+0.011%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.039% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended EWY_24_5-USD | 186.89 | 0 | get 0.0000% / 1h | 31m 32s | $238K | $912K | 10x |
| Short | tradeXYZ xyz:EWY | 186.87 | 0.0050 | get 0.0006% / 1h | 31m 32s | $6.4M | $14.6M | 20x |
Extended EWY_24_5-USD
tradeXYZ xyz:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Extended. 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
- $10.5
- Price spread: −0.011% → −0.050%
- $3.89
- Slippage, 4 orders
- −$4.46
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$13.07
- Costs to cover
- 0.275%
- Break-even
- 15.7 days
Slippage from Extended: live order book, 7 min ago; tradeXYZ: live order book, 7 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 Extended live order book, 7 min ago | 0.03 bp | 2.9 bp −$3 | 6.4 bp −$64 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.54 bp | 10.5 bp −$11 | 12.2 bp −$122 | 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 | −0.0449% | 8h | 186.99 | +0.053% | $2.9M | $2.5M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0003% | 1h | 186.53 | −0.193% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.98 | +0.047% | $290K | $13K | 20x | as long as short |
| Extended EWY_24_5-USDlong | 0.0000% | 1h | 186.89 | long leg | $238K | $912K | 10x | |
| Binance EWYUSDT | 0.0000% | 8h | 186.93 | +0.021% | $27.2M | $83.0M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.97 | +0.043% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.85 | −0.022% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.99 | +0.053% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.97 | +0.043% | $8.5M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.02 | +0.069% | $1.2M | $1.1M | — | as long as short |
Bitget EWYUSDT
Vest EWY-USD-PERP
Aster EWYUSDT
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
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 | 187.00 | +0.056% | $739K | $416K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.77 | −0.064% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.09 | +0.107% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.91 | +0.010% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0005% | 8h | 187.03 | +0.075% | $48K | $217K | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0024% | 1h | 186.86 | −0.016% | $28K | $12K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.75 | −0.075% | $379K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.94 | +0.027% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 186.87 | −0.011% | $6.4M | $14.6M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 186.83 | −0.032% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.80 | −0.048% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.84 | −0.027% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.76 | −0.070% | $224K | $334K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.75 | −0.075% | $518K | $249K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.92 | +0.018% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.80 | −0.048% | $962K | $602K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.77 | −0.064% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.86 | −0.016% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0178% | 1h | 186.80 | −0.048% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0823% | 4h | 186.98 | +0.049% | $419K | $286K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Hotstuff EWY-PERP
Lighter EWY
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC