Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Coinbase International against Popdex+0.100%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 4 days (all we have)+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.100%, 7d avg −0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.179% dearer against Popdex than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex EWYUSDT | 189.64 | 0.0048 | pay 0.0006% / 1h | 40m 44s | $197K | $147K | 20x |
| Short | Coinbase International EWY-PERP-INTX | 189.83 | 0.0048 | get 0.0006% / 1h | 40m 44s | $530K | $292K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Popdex. 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
- $0
- Price spread: +0.100% → −0.078%
- $17.85
- Slippage, 4 orders
- −$13.97
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$12.52
- Costs to cover
- 0.304%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 13 min ago; Coinbase International: live order book, 12 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 Popdex live order book, 13 min ago | 0.79 bp | 6.5 bp −$7 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 12 min ago | 4.21 bp | 9.4 bp −$9 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | 0.0000% | 8h | 189.65 | +0.004% | $294K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.62 | −0.011% | $5.1M | $4.2M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.59 | −0.026% | $4.1M | $3.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.62 | −0.011% | $4.2M | $3.8M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.60 | −0.021% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 189.64 | +0.001% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.68 | +0.023% | $750K | $397K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.58 | −0.032% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.08 | +0.232% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.65 | +0.005% | $1.7M | $37K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EWY-USDT | +0.0011% | 8h | 189.65 | +0.005% | $47K | $213K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0024% | 1h | 189.54 | −0.050% | $301K | $667K | 10x | as long as short |
| Binance EWYUSDT | +0.0026% | 8h | 189.60 | −0.019% | $27.6M | $76.6M | 50x | as long as short |
| MEXC EWY_USDT | +0.0027% | 8h | 189.57 | −0.037% | $6.2M | $3.8M | 100x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.49 | −0.079% | $384K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.71 | +0.037% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTlong | +0.0048% | 1h | 189.64 | long leg | $197K | $147K | 20x | |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 189.83 | +0.100% | $530K | $292K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.50 | −0.074% | $6.1M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.60 | −0.021% | $30K | $64K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.46 | −0.095% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.64 | 0.000% | $749 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.44 | −0.105% | $209K | $283K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 189.59 | −0.027% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.57 | −0.037% | $976K | $613K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.85 | +0.111% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.60 | −0.021% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0119% | 1h | 189.59 | −0.026% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0380% | 4h | 189.74 | +0.055% | $426K | $283K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0392% | 1h | 189.61 | −0.016% | $28K | $12K | 20x | as long as short |
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
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-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
Lighter EWY
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC