Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h −0.020%
Price spread now: Popdex against OKX−0.037%53s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.256% of the position
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.037%, 7d avg +0.007%
=Funding pays, the price is against you. Popdex is 0.044% cheaper against OKX than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 4.8 days of funding at the current rate (+$1 a day). The two prices were read 53 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 | OKX EWY-USDT-SWAP | 190.73 | 0.0018 | pay 0.0018% / 8h | 4h 10m | $4.1M | $3.3M | 50x |
| Short | Popdex EWYUSDT | 190.66 | 0.0048 | get 0.0006% / 1h | 10m 50s | $198K | $146K | 20x |
OKX EWY-USDT-SWAP
Popdex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $6.33
- Price spread: −0.037% → +0.007%
- −$4.36
- Slippage, 4 orders
- −$9.18
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$23.62
- Costs to cover
- 0.256%
- Break-even
- 33.1 days
Slippage from OKX: live order book, 2 min ago; Popdex: live order book, 48 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, 2 min ago | 0.26 bp | 7.3 bp −$7 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 48 min ago | 0.52 bp | 4.9 bp −$5 | 10.7 bp −$107 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0152% | 1h | 190.58 | −0.079% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.74 | +0.005% | $5.1M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.71 | −0.010% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.57 | −0.084% | $753K | $395K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.62 | −0.058% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.61 | −0.063% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.68 | −0.026% | $1.7M | $37K | 10x | as long as short |
| OKX EWY-USDT-SWAPlong | +0.0018% | 8h | 190.73 | long leg | $4.1M | $3.3M | 50x | |
| Aster EWYUSDT | +0.0019% | 8h | 190.64 | −0.046% | $296K | $12K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.54 | −0.100% | $386K | $39K | 20x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Aster EWYUSDT
Lighter EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 190.58 | −0.079% | $532K | $297K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.82 | +0.047% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 190.66 | −0.037% | $198K | $146K | 20x | |
| Bitget EWYUSDT | +0.0049% | 8h | 190.70 | −0.016% | $2.7M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.61 | −0.063% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.56 | −0.089% | $30K | $66K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.47 | −0.136% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.66 | −0.037% | $755 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.52 | −0.110% | $201K | $266K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 190.66 | −0.035% | $23 | — | 5x | as long as short |
| Variational Omni EWY | +0.0054% | 8h | 190.62 | −0.058% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0095% | 8h | 190.69 | −0.019% | $28.1M | $76.5M | 50x | as long as short |
| BloFin EWY-USDT | +0.0096% | 8h | 190.65 | −0.042% | $48K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0096% | 1h | 190.62 | −0.058% | $301K | $669K | 10x | as long as short |
| MEXC EWY_USDT | +0.0097% | 8h | 190.69 | −0.021% | $6.5M | $3.9M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.60 | −0.068% | $982K | $618K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.51 | −0.115% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.65 | −0.042% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0117% | 1h | 190.63 | −0.052% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0353% | 4h | 190.51 | −0.113% | $427K | $285K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
Bitget EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Variational Omni EWY
Binance EWYUSDT
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC