Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.070%
Price spread now: Phemex against Binance+0.016%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1141.136% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.016%, 7d avg +0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 186.42 | 0 | get 0.0000% / 8h | 2m 14s | $27.0M | $83.2M | 50x |
| Short | Phemex EWYUSDT | 186.45 | 0 | get 0.0000% / 8h | 2m 14s | $1.6M | $37K | 10x |
Binance EWYUSDT
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.016% → +0.010%
- $0.6
- Slippage, 4 orders
- −$91.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$113.04
- Costs to cover
- 1.136%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Phemex: live order book, 1 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, 10 min ago | 0.27 bp | 5.3 bp −$5 | 7.2 bp −$72 | 21.7 bp −$2,169 | doesn't fit |
| Sell Phemex live order book, 1 min ago | 0.80 bp | 39.9 bp −$40 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −4.4720% | 1h | 186.33 | −0.048% | $28K | $15K | 20x | as long as short |
| Bitget EWYUSDT | −0.0610% | 8h | 186.52 | +0.054% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0031% | 1h | 185.92 | −0.268% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.45 | +0.015% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.40 | −0.009% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDTlong | 0.0000% | 8h | 186.42 | long leg | $27.0M | $83.2M | 50x | |
| Bybit EWYUSDT | 0.0000% | 8h | 186.46 | +0.021% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.42 | 0.000% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.49 | +0.038% | $4.1M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.43 | +0.005% | $7.9M | $4.4M | 100x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Vest EWY-USD-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.48 | +0.032% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.51 | +0.049% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.26 | −0.086% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.57 | +0.080% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 186.45 | +0.016% | $1.6M | $37K | 10x | |
| BloFin EWY-USDT | +0.0006% | 8h | 186.47 | +0.027% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.22 | −0.107% | $377K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.45 | +0.016% | $198K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.36 | −0.032% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.31 | −0.059% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.29 | −0.070% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.43 | +0.005% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.28 | −0.075% | $233K | $335K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.27 | −0.080% | $517K | $251K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.39 | −0.018% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.34 | −0.043% | $960K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.50 | +0.043% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.42 | 0.000% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0287% | 1h | 186.35 | −0.038% | $3K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0442% | 4h | 186.45 | +0.015% | $418K | $286K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC