Funding you earn now, next payment 00:00 UTC−0.0526%/8h= −57.6% APRnext payment −$5.26 per $10,000 · paid last 24h −0.002%
Price spread now: Phemex against Aster+0.057%7-day average +0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 3 days (all we have)−0.078%−$8 · spread now +0.057%, 7d avg +0.012%
=Together, before fees−0.237%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.045% dearer against Aster than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.012%): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.159% in total) that is about 48 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.159% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster EWYUSDT | 189.51 | 0.0526 | pay 0.0526% / 8h | 38m 45s | $294K | $12K | 20x |
| Short | Phemex EWYUSDT | 189.62 | 0 | get 0.0000% / 8h | 38m 45s | $1.7M | $37K | 10x |
Aster EWYUSDT
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aster. 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
- −$110.55
- Price spread: +0.057% → +0.012%
- $4.5
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$126.05
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 38 min ago; Phemex: live order book, 4 min ago. Net counts fees only.
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 Aster live order book, 38 min ago | 3.44 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 0.53 bp | 44.0 bp −$44 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.58 | +0.036% | $3.2M | $2.7M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.41 | −0.054% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 189.62 | +0.057% | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 189.47 | −0.022% | $377K | $62K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.63 | +0.062% | — | $217K | 25x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.49 | −0.012% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.49 | −0.012% | $4K | $74 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.58 | +0.036% | $777 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.53 | +0.009% | $230K | $193K | 10x | as long as short |
| Popdex EWYUSDT | +0.0088% | 1h | 189.62 | +0.057% | $195K | $138K | 20x | as long as short |
Gate EWY_USDT
SunX EWY-USDT
Lighter EWY
Vest EWY-USD-PERP
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.58 | +0.036% | $966K | $705K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.61 | +0.051% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.60 | +0.046% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.58 | +0.036% | $527K | $339K | 20x | as long as short |
| Bybit EWYUSDT | +0.0150% | 8h | 189.69 | +0.094% | $5.3M | $4.2M | 100x | as long as short |
| Paradex EWY-USD-PERP | +0.0151% | 8h | 189.71 | +0.102% | $23 | — | 5x | as long as short |
| tradeXYZ xyz:EWY | +0.0177% | 1h | 189.59 | +0.041% | $6.3M | $14.6M | 20x | as long as short |
| Bitget EWYUSDT | +0.0208% | 8h | 189.64 | +0.067% | $2.6M | $1.6M | 20x | as long as short |
| HTX EWY-USDT | +0.0211% | 8h | 189.67 | +0.083% | $36K | $8K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0240% | 1h | 189.59 | +0.041% | $28K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0297% | 8h | 189.65 | +0.073% | $4.0M | $4.1M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0436% | 1h | 189.62 | +0.057% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDTlong | +0.0526% | 8h | 189.51 | long leg | $294K | $12K | 20x | |
| edgeX EWYUSDC | +0.0606% | 4h | 189.56 | +0.026% | $425K | $274K | 20x | as long as short |
| Variational Omni EWY | +0.0609% | 8h | 189.57 | +0.031% | $1.5M | $983K | — | as long as short |
| MEXC EWY_USDT | +0.0646% | 8h | 189.59 | +0.041% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0647% | 8h | 189.60 | +0.045% | $28.5M | $79.9M | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0647% | 8h | 189.60 | +0.046% | $750K | $399K | 10x | as long as short |
| Extended EWY_24_5-USD | +0.0648% | 1h | 189.57 | +0.033% | $304K | $392K | 10x | as long as short |
| BloFin EWY-USDT | +0.0650% | 8h | 189.63 | +0.062% | $47K | $214K | 50x | as long as short |
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Paradex EWY-USD-PERP
tradeXYZ xyz:EWY
Bitget EWYUSDT
HTX EWY-USDT
Hotstuff EWY-PERP
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC
Variational Omni EWY
MEXC EWY_USDT
Binance EWYUSDT
GRVT EWY_USDT_Perp
Extended EWY_24_5-USD
BloFin EWY-USDT