Funding you earn now, next payment 08:00 UTC+0.0346%/8h= +37.9% APRnext payment +$3.46 per $10,000 · paid last 24h +0.052%
Price spread now: MEXC against Bybit−0.016%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$170.167% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now −0.016%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$10 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 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.46 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 | Bybit EWYUSDT | 190.21 | 0 | get 0.0000% / 8h | 5h 48m | $5.1M | $4.3M | 100x |
| Short | MEXC EWY_USDT | 190.18 | 0.0346 | get 0.0346% / 8h | 5h 48m | $6.4M | $4.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $72.66
- Price spread: −0.016% → −0.014%
- −$0.17
- Slippage, 4 orders
- −$5.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $55.76
- Costs to cover
- 0.167%
- Break-even
- 1.6 days
Slippage from Bybit: live order book, 5 min ago; MEXC: 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 Bybit live order book, 5 min ago | 0.26 bp | 8.1 bp −$8 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.26 bp | 0.7 bp −$1 | 1.1 bp −$11 | 3.5 bp −$355 | 99.3 bp −$49.6K |
EWY on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0171% | 1h | 190.16 | −0.026% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDTlong | 0.0000% | 8h | 190.21 | long leg | $5.1M | $4.3M | 100x | |
| Gate EWY_USDT | 0.0000% | 8h | 190.24 | +0.016% | $4.0M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.45 | +0.128% | $753K | $388K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.19 | −0.011% | — | $2.5M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.19 | −0.011% | $530K | $318K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.47 | +0.137% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.23 | +0.011% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.19 | −0.011% | $385K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.36 | +0.079% | — | $220K | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.18 | −0.016% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.10 | −0.058% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.21 | 0.000% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.00 | −0.110% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.22 | +0.005% | $740 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.31 | +0.053% | $198K | $275K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 190.18 | −0.014% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0092% | 8h | 190.16 | −0.026% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.22 | +0.005% | $980K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.29 | +0.042% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.24 | +0.016% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0134% | 8h | 190.14 | −0.037% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0262% | 8h | 190.31 | +0.050% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0325% | 8h | 190.41 | +0.104% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0344% | 1h | 190.10 | −0.058% | $302K | $665K | 10x | as long as short |
| Binance EWYUSDT | +0.0345% | 8h | 190.15 | −0.030% | $28.3M | $77.0M | 50x | as long as short |
| MEXC EWY_USDTshort | +0.0346% | 8h | 190.18 | −0.016% | $6.4M | $4.2M | 100x | |
| Hotstuff EWY-PERP | +0.0368% | 1h | 190.11 | −0.053% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0950% | 4h | 190.24 | +0.017% | $426K | $283K | 20x | as long as short |
Bybit EWYUSDT
MEXC EWY_USDT
Deribit EWY_USDC-PERPETUAL
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
edgeX EWYUSDC