Funding you earn now, next payment 00:00 UTC+0.0407%/8h= +44.6% APRnext payment +$4.07 per $10,000 · paid last 24h +0.011%
Price spread now: MEXC against Bitget−0.021%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now −0.021%, 7d avg −0.012%
=The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.148% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.07 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 | 189.33 | 0.0177 | pay 0.0177% / 8h | 1h 23m | $2.5M | $1.5M | 20x |
| Short | MEXC EWY_USDT | 189.29 | 0.0584 | get 0.0584% / 8h | 1h 23m | $7.5M | $4.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $85.47
- Price spread: −0.021% → −0.012%
- −$0.93
- Slippage, 4 orders
- −$7.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $65.28
- Costs to cover
- 0.193%
- Break-even
- 1.7 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 0.53 bp | 10.3 bp −$10 | 12.8 bp −$128 | 19.5 bp −$1,948 | 54.1 bp −$27.1K |
| Sell MEXC live order book, 4 min ago | 0.26 bp | 0.3 bp $0 | 0.4 bp −$4 | 3.2 bp −$322 | 107.4 bp −$53.7K |
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 | −0.0016% | 1h | 189.20 | −0.069% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.26 | −0.037% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.93 | −0.211% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.29 | −0.021% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.16 | −0.090% | $377K | $95K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.29 | −0.021% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.29 | −0.021% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.11 | −0.116% | $49K | $36K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.12 | −0.111% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.27 | −0.032% | $783 | $3K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.21 | −0.063% | $221K | $182K | 10x | as long as short |
| tradeXYZ xyz:EWY | +0.0051% | 1h | 189.25 | −0.042% | $6.4M | $14.8M | 20x | as long as short |
| Bybit EWYUSDT | +0.0052% | 8h | 189.39 | +0.032% | $5.2M | $4.1M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.17 | −0.085% | $958K | $726K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.03 | −0.158% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.29 | −0.021% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.19 | −0.074% | $525K | $332K | 20x | as long as short |
| edgeX EWYUSDC | +0.0143% | 4h | 189.24 | −0.047% | $424K | $273K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0150% | 8h | 189.41 | +0.042% | $23 | — | 5x | as long as short |
| Bitget EWYUSDTlong | +0.0177% | 8h | 189.33 | long leg | $2.5M | $1.5M | 20x | |
| HTX EWY-USDT | +0.0214% | 8h | 189.32 | −0.005% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0232% | 8h | 189.39 | +0.032% | $4.0M | $4.1M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0437% | 1h | 189.30 | −0.016% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0486% | 8h | 189.12 | −0.112% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0538% | 8h | 189.23 | −0.052% | $1.4M | $899K | — | as long as short |
| BloFin EWY-USDT | +0.0566% | 8h | 189.31 | −0.011% | $47K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0584% | 1h | 189.25 | −0.041% | $304K | $392K | 10x | as long as short |
| MEXC EWY_USDTshort | +0.0584% | 8h | 189.29 | −0.021% | $7.5M | $4.5M | 100x | |
| Binance EWYUSDT | +0.0590% | 8h | 189.29 | −0.021% | $28.5M | $79.4M | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0654% | 8h | 189.31 | −0.009% | $749K | $401K | 10x | as long as short |
Bitget EWYUSDT
MEXC EWY_USDT
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
tradeXYZ xyz:EWY
Bybit EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
edgeX EWYUSDC
Paradex EWY-USD-PERP
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
GRVT EWY_USDT_Perp