EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0079%/8h= −8.6% APRnext payment −$0.79 per $10,000 · paid last 24h −0.004%

Price spread now: KuCoin against OKX−0.132%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$386as in the Funding arb table

Net, price: spread back to 7d avg − costs−$405as in the Price arb table

costs, in and out, $10k−$3973.968% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.132%, 7d avg −0.047%

Together, before fees+0.134%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.085% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.047%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.104%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EWY-USDT-SWAP	189.92	0.0179	pay 0.0179% / 8h	6h 14m	$4.1M	$3.5M	50x
Short	KuCoin EWYUSDTM	189.67	0.0100	get 0.0100% / 8h	6h 14m	$976K	$630K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee KuCoinbpOrdersPrice spread, now −0.132%Rate

Funding earned: −$16.56
Price spread: −0.132% → −0.047%: −$8.46
Slippage, 4 orders: −$374.84
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$421.86
Costs to cover: 3.968%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 45 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, 3 min ago	0.26 bp	6.5 bp −$6	10.9 bp −$109	doesn't fit	doesn't fit
Sell KuCoin live order book, 45 min ago	9.98 bp	202.3 bp −$202	doesn't fit	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
Bybit EWYUSDT	0.0000%	8h	189.87	−0.026%	$5.1M	$4.4M	100x	as long as short
Gate EWY_USDT	0.0000%	8h	189.83	−0.047%	$4.0M	$3.6M	50x	as long as short
GRVT EWY_USDT_Perp	0.0000%	8h	189.59	−0.172%	$749K	$389K	10x	as long as short
SunX EWY-USDT	0.0000%	8h	189.78	−0.074%	—	$2.6M	20x	as long as short
Deribit EWY_USDC-PERPETUAL	0.0000%	1h	189.75	−0.090%	$2K	$13K	20x	as long as short
HTX EWY-USDT	0.0000%	8h	189.78	−0.074%	$22K	$36K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	189.80	−0.063%	$1.7M	$38K	10x	as long as short
Lighter EWY	+0.0032%	1h	189.71	−0.111%	$384K	$40K	20x	as long as short
Vest EWY-USD-PERP	+0.0046%	1h	189.96	+0.021%	—	$220K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	189.84	−0.042%	$197K	$146K	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International EWY-PERP-INTX	+0.0048%	1h	189.56	−0.190%	$529K	$330K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	189.79	−0.068%	$6.2M	$14.0M	20x	as long as short
Entropy io:EWY	+0.0050%	1h	189.71	−0.111%	$51K	$57K	25x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	189.70	−0.116%	$4K	$126	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	189.81	−0.058%	$714	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	189.71	−0.111%	$198K	$272K	10x	as long as short
Hotstuff EWY-PERP	+0.0056%	1h	189.76	−0.084%	$28K	$12K	20x	as long as short
Paradex EWY-USD-PERP	+0.0056%	8h	189.82	−0.051%	$23	—	5x	as long as short
Bitget EWYUSDT	+0.0098%	8h	189.86	−0.032%	$2.8M	$1.9M	20x	as long as short
KuCoin EWYUSDTMshort	+0.0100%	8h	189.67	−0.132%	$976K	$630K	20x
ApeX Omni EWYUSDT	+0.0100%	1h	189.61	−0.163%	$13K	$263K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	189.84	−0.042%	$2K	$1K	20x	as long as short
OKX EWY-USDT-SWAPlong	+0.0179%	8h	189.92	long leg	$4.1M	$3.5M	50x
Aster EWYUSDT	+0.0328%	8h	189.85	−0.034%	$294K	$12K	20x	as long as short
Variational Omni EWY	+0.0399%	8h	189.76	−0.084%	$1.2M	$1.1M	—	as long as short
Binance EWYUSDT	+0.0421%	8h	189.85	−0.037%	$28.3M	$77.5M	50x	as long as short
MEXC EWY_USDT	+0.0422%	8h	189.84	−0.042%	$7.0M	$4.2M	100x	as long as short
Extended EWY_24_5-USD	+0.0424%	1h	189.81	−0.057%	$302K	$665K	10x	as long as short
edgeX EWYUSDC	+0.0859%	4h	189.61	−0.162%	$425K	$283K	20x	as long as short