Funding you earn now, next payment 01:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.017%
Price spread now: Coinbase International against OKX+0.269%7-day average −0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs$0as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 3 days (all we have)−0.329%−$33 · spread now +0.269%, 7d avg −0.069%
=The price spread pays, funding is against you. Coinbase International is 0.338% dearer against OKX than usual: you sell high and buy low (spread +0.269% now, against its 7-day average of −0.069%): +$34 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWY-USDT-SWAP | 189.77 | 0.0208 | pay 0.0208% / 8h | 6h 33m | $4.1M | $3.5M | 50x |
| Short | Coinbase International EWY-PERP-INTX | 190.28 | 0.0048 | get 0.0006% / 1h | 33m 46s | $531K | $335K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- −$33.58
- Price spread: +0.269% → −0.069%
- $33.8
- Slippage, 4 orders
- −$13.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$33.65
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Coinbase International: live order book, 34 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 OKX live order book, 4 min ago | 0.26 bp | 8.9 bp −$9 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 34 min ago | 4.46 bp | 9.5 bp −$9 | 15.0 bp −$150 | doesn't fit | doesn't fit |
EWY on 29 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 | −0.0128% | 1h | 189.71 | −0.032% | $28K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.82 | +0.026% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.78 | +0.005% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.60 | −0.091% | $749K | $385K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.70 | −0.037% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.64 | −0.069% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.80 | +0.016% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.79 | +0.011% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.65 | −0.063% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.88 | +0.058% | — | $220K | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 189.73 | −0.021% | $197K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 190.28 | +0.269% | $531K | $335K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.76 | −0.005% | $6.3M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.70 | −0.037% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.56 | −0.111% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.70 | −0.037% | $641 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.48 | −0.153% | $212K | $250K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 189.72 | −0.025% | $23 | — | 5x | as long as short |
| edgeX EWYUSDC | +0.0083% | 4h | 189.50 | −0.141% | $425K | $282K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.64 | −0.069% | $977K | $634K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.59 | −0.095% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.75 | −0.011% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAPlong | +0.0208% | 8h | 189.77 | long leg | $4.1M | $3.5M | 50x | |
| Bitget EWYUSDT | +0.0232% | 8h | 189.76 | −0.005% | $2.8M | $1.9M | 20x | as long as short |
| Aster EWYUSDT | +0.0389% | 8h | 189.85 | +0.040% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0472% | 8h | 189.67 | −0.055% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0488% | 1h | 189.73 | −0.019% | $302K | $670K | 10x | as long as short |
| Binance EWYUSDT | +0.0491% | 8h | 189.75 | −0.011% | $28.3M | $77.6M | 50x | as long as short |
| MEXC EWY_USDT | +0.0495% | 8h | 189.74 | −0.016% | $7.0M | $4.2M | 100x | as long as short |
OKX EWY-USDT-SWAP
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
edgeX EWYUSDC
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT