Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.065%
Price spread now: Gate against BloFin−0.064%78s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as 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−$400.401% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.064%, 7d avg +0.002%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.066% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.002%). Swap the legs. The two prices were read 78 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 | 188.01 | 0.0013 | pay 0.0013% / 8h | 1h 41m | $48K | $216K | 50x |
| Short | Gate EWY_USDT | 187.89 | 0 | get 0.0000% / 8h | 1h 41m | $4.0M | $4.3M | 50x |
BloFin EWY-USDT
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2.75
- Price spread: −0.064% → +0.002%
- −$6.59
- Slippage, 4 orders
- −$13.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.44
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 34 min ago; Gate: 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 BloFin live order book, 34 min ago | 0.27 bp | 6.3 bp −$6 | 8.7 bp −$87 | 15.5 bp −$1,548 | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.46 bp | 13.7 bp −$14 | 36.1 bp −$361 | 51.6 bp −$5,159 | 84.8 bp −$42.4K |
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 | −0.0140% | 8h | 187.92 | −0.048% | $2.7M | $2.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.78 | −0.125% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.82 | −0.099% | $239K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.79 | −0.116% | $27.2M | $81.9M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.90 | −0.059% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.83 | −0.096% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 187.89 | −0.064% | $4.0M | $4.3M | 50x | |
| MEXC EWY_USDT | 0.0000% | 8h | 187.87 | −0.074% | $8.6M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.89 | −0.063% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.07 | +0.033% | $744K | $425K | 10x | as long as short |
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
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 | 187.79 | −0.117% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.97 | −0.021% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.93 | −0.043% | $1.7M | $36K | 10x | as long as short |
| BloFin EWY-USDTlong | +0.0013% | 8h | 188.01 | long leg | $48K | $216K | 50x | |
| Lighter EWY | +0.0032% | 1h | 187.65 | −0.191% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0045% | 1h | 187.64 | −0.197% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.90 | −0.059% | $197K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 187.85 | −0.085% | $522K | $273K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.76 | −0.133% | $6.4M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.85 | −0.085% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.68 | −0.176% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.83 | −0.096% | $759 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.75 | −0.138% | $212K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.86 | −0.081% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0070% | 1h | 187.73 | −0.149% | $2K | $14K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0080% | 1h | 187.77 | −0.128% | $28K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.73 | −0.149% | $966K | $597K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.50 | −0.271% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.85 | −0.085% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0599% | 4h | 187.98 | −0.017% | $421K | $286K | 20x | as long as short |
SunX EWY-USDT
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
Deribit EWY_USDC-PERPETUAL
Hotstuff EWY-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC