Funding you earn now, next payment 08:00 UTC+0.0249%/8h= +27.3% APRnext payment +$2.49 per $10,000 · paid last 24h +0.042%
Price spread now: BloFin against Bitget+0.128%75s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.128%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.127% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.49 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 | Bitget EWYUSDT | 187.41 | −0.0261 | get 0.0261% / 8h | 1h 15m | $2.7M | $2.3M | 20x |
| Short | BloFin EWY-USDT | 187.65 | −0.0012 | pay 0.0012% / 8h | 1h 15m | $48K | $216K | 50x |
Bitget EWYUSDT
BloFin EWY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $52.33
- Price spread: +0.128% → +0.001%
- $12.73
- Slippage, 4 orders
- −$8.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $32.45
- Costs to cover
- 0.326%
- Break-even
- 2.7 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 60 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 Bitget live order book, 2 min ago | 0.80 bp | 9.9 bp −$10 | 14.1 bp −$141 | 37.1 bp −$3,707 | doesn't fit |
| Sell BloFin live order book, 60 min ago | 0.27 bp | 6.8 bp −$7 | 7.5 bp −$75 | 14.2 bp −$1,418 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDTlong | −0.0261% | 8h | 187.41 | long leg | $2.7M | $2.3M | 20x | |
| BloFin EWY-USDTshort | −0.0012% | 8h | 187.65 | +0.128% | $48K | $216K | 50x | |
| Aster EWYUSDT | 0.0000% | 8h | 187.30 | −0.061% | $290K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.24 | −0.091% | $239K | $501K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.29 | −0.062% | $27.1M | $81.6M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.38 | −0.016% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.27 | −0.075% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.37 | −0.021% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.35 | −0.032% | $8.5M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.60 | +0.103% | $1.2M | $1.1M | — | as long as short |
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
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 | 187.61 | +0.105% | $742K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.35 | −0.032% | — | $2.4M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.39 | −0.011% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.66 | +0.133% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.37 | −0.021% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.16 | −0.133% | $379K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0041% | 1h | 187.16 | −0.133% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.44 | +0.016% | $197K | $152K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 187.60 | +0.101% | $521K | $269K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.18 | −0.123% | $6.2M | $14.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.54 | +0.069% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.20 | −0.112% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.35 | −0.032% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.56 | +0.080% | $219K | $325K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.51 | +0.051% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.25 | −0.085% | $963K | $596K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.65 | +0.128% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.39 | −0.011% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0584% | 1h | 187.37 | −0.021% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0759% | 4h | 187.61 | +0.107% | $421K | $286K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
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
Hotstuff EWY-PERP
edgeX EWYUSDC