Funding you earn now, next payment 04:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.055%
Price spread now: tradeXYZ against Binance−0.037%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.037%, 7d avg −0.085%
=Together, before fees−0.025%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.047% dearer against Binance than usual: you sell high and buy low (spread −0.037% now, against its 7-day average of −0.085%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.044% in total) that is about 7.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 190.62 | 0.0149 | pay 0.0149% / 8h | 4h 33m | $28.5M | $76.5M | 50x |
| Short | tradeXYZ xyz:EWY | 190.55 | 0.0050 | get 0.0006% / 1h | 33m 08s | $6.2M | $13.9M | 20x |
Binance EWYUSDT
tradeXYZ xyz:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$20.7
- Price spread: −0.037% → −0.085%
- $4.71
- Slippage, 4 orders
- −$3.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$47.13
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; tradeXYZ: live order book, 6 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, 9 min ago | 0.26 bp | 6.0 bp −$6 | 8.0 bp −$80 | 20.9 bp −$2,085 | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.52 bp | 9.5 bp −$10 | 11.0 bp −$110 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.73 | +0.057% | $5.2M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.69 | +0.036% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.64 | +0.011% | $753K | $394K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.55 | −0.037% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.72 | +0.052% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.62 | −0.001% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.50 | −0.064% | $386K | $39K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 190.57 | −0.027% | $531K | $304K | 20x | as long as short |
| Bitget EWYUSDT | +0.0045% | 8h | 190.60 | −0.011% | $2.7M | $2.0M | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.80 | +0.094% | — | $220K | 25x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
Vest EWY-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.67 | +0.026% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 190.55 | −0.037% | $6.2M | $13.9M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 190.47 | −0.079% | $46K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.47 | −0.079% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.63 | +0.005% | $755 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.58 | −0.022% | $201K | $268K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 190.66 | +0.022% | $23 | — | 5x | as long as short |
| OKX EWY-USDT-SWAP | +0.0055% | 8h | 190.68 | +0.031% | $4.1M | $3.3M | 50x | as long as short |
| Aster EWYUSDT | +0.0072% | 8h | 190.59 | −0.015% | $296K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.53 | −0.048% | $982K | $622K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.51 | −0.058% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.66 | +0.020% | $2K | $1K | 20x | as long as short |
| Variational Omni EWY | +0.0111% | 8h | 190.60 | −0.010% | $1.2M | $1.1M | — | as long as short |
| Hotstuff EWY-PERP | +0.0128% | 1h | 190.54 | −0.043% | $29K | $12K | 20x | as long as short |
| BloFin EWY-USDT | +0.0133% | 8h | 190.66 | +0.020% | $48K | $214K | 50x | as long as short |
| Binance EWYUSDTlong | +0.0149% | 8h | 190.62 | long leg | $28.5M | $76.5M | 50x | |
| MEXC EWY_USDT | +0.0149% | 8h | 190.64 | +0.010% | $6.5M | $3.9M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0152% | 1h | 190.60 | −0.010% | $301K | $669K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0275% | 1h | 190.63 | +0.005% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0856% | 4h | 190.59 | −0.017% | $427K | $284K | 20x | as long as short |
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
OKX EWY-USDT-SWAP
Aster EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Variational Omni EWY
Hotstuff EWY-PERP
BloFin EWY-USDT
MEXC EWY_USDT
Extended EWY_24_5-USD
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC