Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.011%
Price spread now: Bitget against Coinbase International+0.409%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 4 days (all we have)−0.344%−$34 · spread now +0.409%, 7d avg +0.080%
=The price spread pays, funding is against you. Bitget is 0.328% dearer against Coinbase International than usual: you sell high and buy low (spread +0.409% now, against its 7-day average of +0.080%): +$33 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 188.40 | 0.0040 | pay 0.0005% / 1h | 49m 47s | $524K | $287K | 20x |
| Short | Bitget EWYUSDT | 189.17 | 0 | get 0.0000% / 8h | 2h 49m | $2.7M | $2.3M | 20x |
Coinbase International EWY-PERP-INTX
Bitget EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Coinbase International. 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
- −$8.4
- Price spread: +0.409% → +0.080%
- $32.85
- Slippage, 4 orders
- −$14.74
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$12.29
- Costs to cover
- 0.367%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 63 min ago; Bitget: live order book, 3 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 Coinbase International live order book, 63 min ago | 4.21 bp | 9.3 bp −$9 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.26 bp | 9.3 bp −$9 | 17.6 bp −$176 | 43.8 bp −$4,381 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EWY-USDT | −0.0022% | 8h | 189.25 | +0.451% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 189.18 | +0.416% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 189.13 | +0.387% | $299K | $425K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 189.14 | +0.395% | $27.6M | $78.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.16 | +0.403% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.06 | +0.350% | $4.2M | $4.1M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.23 | +0.441% | $4.1M | $4.0M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 189.13 | +0.387% | $6.2M | $3.8M | 100x | as long as short |
| Bitget EWYUSDTshort | 0.0000% | 8h | 189.17 | +0.409% | $2.7M | $2.3M | 20x | |
| Variational Omni EWY | 0.0000% | 8h | 189.24 | +0.447% | $1.2M | $1.1M | — | as long as short |
BloFin EWY-USDT
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 | 189.12 | +0.380% | $747K | $410K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.12 | +0.382% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.11 | +0.377% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.22 | +0.435% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.19 | +0.419% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.01 | +0.324% | $383K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0040% | 1h | 188.40 | long leg | $524K | $287K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.20 | +0.425% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.25 | +0.451% | $198K | $148K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.07 | +0.356% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.03 | +0.334% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.06 | +0.350% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.16 | +0.403% | $734 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.17 | +0.409% | $204K | $307K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0052% | 8h | 189.13 | +0.385% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.95 | +0.292% | $973K | $611K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.05 | +0.345% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.16 | +0.403% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0120% | 1h | 189.11 | +0.377% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0654% | 4h | 189.12 | +0.383% | $424K | $284K | 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
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