Funding you earn now, next payment 02:00 UTC−0.0742%/8h= −81.3% APRpaid last 24h −0.028%
Price spread now: Deribit against Binance−0.079%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Deribit is 0.079% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 189.60 | 0.0517 | pay 0.0517% / 8h | 6h 39m | $28.4M | $77.4M | 50x |
| Short | Deribit EWY_USDC-PERPETUAL | 189.45 | −0.0225 | pay 0.0028% / 1h | 39m 58s | $2K | $13K | 20x |
Binance EWYUSDT
Deribit EWY_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$155.85
- Price spread: −0.079% → 0.000%
- −$7.91
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$180.76
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Deribit: no order-book sample. 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 Binance live order book, 3 min ago | 0.26 bp | 5.5 bp −$6 | 7.1 bp −$71 | 19.6 bp −$1,956 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUALshort | −0.0225% | 1h | 189.45 | −0.079% | $2K | $13K | 20x | |
| Bybit EWYUSDT | 0.0000% | 8h | 189.63 | +0.016% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.61 | +0.005% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.99 | +0.205% | $751K | $385K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.61 | +0.005% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.79 | +0.100% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.59 | −0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.48 | −0.063% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.84 | +0.127% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.60 | 0.000% | $197K | $143K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.28 | +0.359% | $531K | $337K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.56 | −0.021% | $6.2M | $14.1M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.81 | +0.111% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.46 | −0.074% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.60 | 0.000% | $615 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.62 | +0.011% | $229K | $231K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0061% | 8h | 189.62 | +0.013% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.62 | +0.011% | $976K | $635K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.78 | +0.095% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.60 | 0.000% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0225% | 8h | 189.63 | +0.016% | $4.2M | $3.4M | 50x | as long as short |
| Bitget EWYUSDT | +0.0319% | 8h | 189.62 | +0.011% | $2.8M | $1.9M | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0400% | 1h | 189.67 | +0.037% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0411% | 8h | 189.63 | +0.016% | $294K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0496% | 4h | 189.87 | +0.143% | $425K | $282K | 20x | as long as short |
| Variational Omni EWY | +0.0499% | 8h | 189.70 | +0.050% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDTlong | +0.0517% | 8h | 189.60 | long leg | $28.4M | $77.4M | 50x | |
| Extended EWY_24_5-USD | +0.0520% | 1h | 189.55 | −0.029% | $302K | $670K | 10x | as long as short |
| MEXC EWY_USDT | +0.0522% | 8h | 189.59 | −0.005% | $7.0M | $4.2M | 100x | as long as short |
| BloFin EWY-USDT | +0.0565% | 8h | 190.43 | +0.438% | $2K | $214K | 50x | as long as short |
Coinbase International EWY-PERP-INTX
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
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Hotstuff EWY-PERP
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT