Funding you earn now, next payment 06:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.058%
Price spread now: Coinbase International against Binance−0.032%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.032%, 7d avg −0.072%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.040% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 187.91 | 0 | get 0.0000% / 8h | 1h 43m | $27.2M | $81.9M | 50x |
| Short | Coinbase International EWY-PERP-INTX | 187.85 | 0.0048 | get 0.0006% / 1h | 43m 59s | $522K | $273K | 20x |
Binance EWYUSDT
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- $10.08
- Price spread: −0.032% → −0.072%
- $3.98
- Slippage, 4 orders
- −$9.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$15.77
- Costs to cover
- 0.298%
- Break-even
- 18.0 days
Slippage from Binance: live order book, 14 min ago; Coinbase International: live order book, 64 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 Binance live order book, 14 min ago | 0.27 bp | 5.5 bp −$5 | 7.0 bp −$70 | 19.4 bp −$1,936 | doesn't fit |
| Sell Coinbase International live order book, 64 min ago | 3.97 bp | 10.1 bp −$10 | 15.0 bp −$150 | 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 | −0.0144% | 1h | 187.79 | −0.064% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | −0.0131% | 8h | 187.94 | +0.016% | $2.7M | $2.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.93 | +0.010% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.83 | −0.041% | $239K | $498K | 10x | as long as short |
| Binance EWYUSDTlong | 0.0000% | 8h | 187.91 | long leg | $27.2M | $81.9M | 50x | |
| Bybit EWYUSDT | 0.0000% | 8h | 187.94 | +0.016% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.81 | −0.054% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.93 | +0.010% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.86 | −0.027% | $8.6M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.89 | −0.010% | $1.2M | $1.1M | — | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.07 | +0.085% | $744K | $425K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.90 | −0.006% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.88 | −0.016% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.25 | +0.181% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.89 | −0.011% | $1.7M | $36K | 10x | as long as short |
| BloFin EWY-USDT | +0.0021% | 8h | 188.04 | +0.069% | $48K | $216K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.80 | −0.059% | $381K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.74 | −0.091% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.99 | +0.042% | $197K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 187.85 | −0.032% | $522K | $273K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.79 | −0.064% | $6.4M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.91 | 0.000% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.82 | −0.048% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.84 | −0.038% | $753 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.75 | −0.086% | $212K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 188.00 | +0.047% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.75 | −0.086% | $967K | $597K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.92 | +0.005% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.93 | +0.010% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0535% | 4h | 187.98 | +0.038% | $421K | $286K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC