Funding you earn now, next payment 06:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h −0.052%
Price spread now: Coinbase International against BloFin−0.059%58s7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as 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−$330.329% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.059%, 7d avg −0.081%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.023% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.081%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EWY-USDT | 187.49 | 0.0029 | pay 0.0029% / 8h | 1h 38m | $48K | $216K | 50x |
| Short | Coinbase International EWY-PERP-INTX | 187.38 | 0.0048 | get 0.0006% / 1h | 38m 03s | $521K | $272K | 20x |
BloFin EWY-USDT
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- $3.97
- Price spread: −0.059% → −0.081%
- $2.26
- Slippage, 4 orders
- −$10.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$26.71
- Costs to cover
- 0.329%
- Break-even
- 54.1 days
Slippage from BloFin: live order book, 38 min ago; Coinbase International: live order book, 5 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 BloFin live order book, 38 min ago | 0.27 bp | 6.3 bp −$6 | 8.7 bp −$87 | 15.5 bp −$1,548 | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 3.99 bp | 10.9 bp −$11 | 15.4 bp −$154 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0170% | 8h | 187.54 | +0.027% | $2.7M | $2.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.50 | +0.005% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.44 | −0.025% | $238K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.52 | +0.018% | $27.2M | $81.8M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.59 | +0.053% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.56 | +0.037% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.51 | +0.011% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.53 | +0.021% | $8.5M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.81 | +0.172% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.83 | +0.184% | $743K | $425K | 10x | as long as short |
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 187.38 | −0.059% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.43 | −0.032% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.97 | +0.256% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.54 | +0.027% | $1.7M | $36K | 10x | as long as short |
| BloFin EWY-USDTlong | +0.0029% | 8h | 187.49 | long leg | $48K | $216K | 50x | |
| Lighter EWY | +0.0032% | 1h | 187.35 | −0.075% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0044% | 1h | 187.23 | −0.139% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.50 | +0.005% | $196K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 187.38 | −0.059% | $521K | $272K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.40 | −0.048% | $6.4M | $14.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.54 | +0.027% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.30 | −0.101% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.46 | −0.016% | $755 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.69 | +0.107% | $224K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 187.51 | +0.011% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.40 | −0.048% | $964K | $595K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.72 | +0.123% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.45 | −0.021% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0454% | 4h | 187.85 | +0.190% | $421K | $284K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0656% | 1h | 187.41 | −0.043% | $28K | $12K | 20x | as long as short |
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
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
edgeX EWYUSDC
Hotstuff EWY-PERP