Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h +0.039%
Price spread now: Extended against Coinbase International+0.105%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$250.248% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.105%, 7d avg +0.050%
=Together, before fees−0.080%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.055% dearer against Coinbase International than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.050%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 7 days (−0.024% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 187.35 | 0.0040 | pay 0.0005% / 1h | 26m 28s | $521K | $276K | 20x |
| Short | Extended EWY_24_5-USD | 187.55 | 0 | get 0.0000% / 1h | 26m 28s | $230K | $491K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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: +0.105% → +0.050%
- $5.53
- Slippage, 4 orders
- −$9.81
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$27.68
- Costs to cover
- 0.248%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 22 min ago; Extended: live order book, 21 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, 22 min ago | 3.97 bp | 9.0 bp −$9 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Extended live order book, 21 min ago | 0.03 bp | 2.9 bp −$3 | 7.0 bp −$70 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0136% | 1h | 187.36 | +0.005% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | −0.0052% | 8h | 187.70 | +0.187% | $2.7M | $2.3M | 20x | as long as short |
| BloFin EWY-USDT | −0.0016% | 8h | 187.57 | +0.117% | $48K | $215K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.56 | +0.114% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USDshort | 0.0000% | 1h | 187.55 | +0.105% | $230K | $491K | 10x | |
| Binance EWYUSDT | 0.0000% | 8h | 187.63 | +0.149% | $27.2M | $79.7M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.59 | +0.128% | $4.9M | $4.5M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.54 | +0.101% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.61 | +0.139% | $4.1M | $4.1M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.62 | +0.144% | $6.8M | $3.9M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 187.79 | +0.233% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.89 | +0.290% | $743K | $415K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.31 | −0.021% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.33 | −0.011% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.85 | +0.267% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.60 | +0.133% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.43 | +0.043% | $380K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0040% | 1h | 187.35 | long leg | $521K | $276K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.35 | 0.000% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.63 | +0.149% | $196K | $148K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.56 | +0.112% | $6.3M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.48 | +0.069% | $87K | $93K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.48 | +0.069% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.40 | +0.027% | $731 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.81 | +0.246% | $214K | $316K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 187.65 | +0.158% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.48 | +0.069% | $966K | $604K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.68 | +0.176% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.41 | +0.032% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0248% | 4h | 187.88 | +0.281% | $421K | $283K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
Extended EWY_24_5-USD
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
edgeX EWYUSDC