Funding you earn now, next payment 09:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Coinbase International+0.149%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. SoDEX is 0.149% dearer against Coinbase International than usual: you sell high and buy low (spread +0.149% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 187.79 | 0.0128 | pay 0.0016% / 1h | 8m 46s | $521K | $245K | 20x |
| Short | SoDEX EWY-USD | 188.07 | 0.0050 | get 0.0006% / 1h | 8m 46s | $768 | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$16.38
- Price spread: +0.149% → 0.000%
- $14.91
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$19.47
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 42 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 42 min ago | 4.54 bp | 9.5 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EWY on 30 exchanges
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 | −0.0058% | 8h | 188.06 | +0.144% | $3.1M | $2.9M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0008% | 1h | 187.97 | +0.096% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.14 | +0.186% | $5.0M | $4.7M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.01 | +0.117% | $4.0M | $4.7M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.66 | −0.069% | — | $1.8M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.97 | +0.096% | $3K | $14K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.08 | +0.154% | $1.7M | $37K | 10x | as long as short |
| Aster EWYUSDT | +0.0029% | 8h | 187.97 | +0.094% | $291K | $14K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.91 | +0.064% | $381K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.17 | +0.202% | — | $215K | 25x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 188.05 | +0.138% | $200K | $165K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.93 | +0.075% | $5.8M | $15.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.93 | +0.075% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.13 | +0.181% | $4K | $5K | 20x | as long as short |
| SoDEX EWY-USDshort | +0.0050% | 1h | 188.07 | +0.149% | $768 | $3K | 10x | |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.85 | +0.032% | $227K | $309K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 188.14 | +0.188% | $23 | — | 5x | as long as short |
| Variational Omni EWY | +0.0077% | 8h | 188.08 | +0.156% | $1.2M | $909K | — | as long as short |
| Gate EWY_USDT | +0.0087% | 8h | 188.15 | +0.192% | $4.0M | $4.7M | 50x | as long as short |
| BloFin EWY-USDT | +0.0092% | 8h | 188.09 | +0.160% | $48K | $230K | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.89 | +0.053% | $966K | $686K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.87 | +0.043% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.03 | +0.128% | $2K | $1K | 20x | as long as short |
| MEXC EWY_USDT | +0.0107% | 8h | 188.05 | +0.138% | $7.4M | $4.3M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0112% | 1h | 188.00 | +0.111% | $234K | $909K | 10x | as long as short |
| Binance EWYUSDT | +0.0115% | 8h | 188.09 | +0.160% | $26.3M | $83.4M | 50x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0128% | 1h | 187.79 | long leg | $521K | $245K | 20x | |
| HTX EWY-USDT | +0.0299% | 8h | 188.16 | +0.197% | $22K | $35K | 20x | as long as short |
| edgeX EWYUSDC | +0.0300% | 4h | 188.10 | +0.164% | $422K | $285K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0785% | 8h | 188.12 | +0.173% | $737K | $407K | 10x | as long as short |
Coinbase International EWY-PERP-INTX
SoDEX EWY-USD
Bitget EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Phemex EWYUSDT
Aster EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
Paradex EWY-USD-PERP
Variational Omni EWY
Gate EWY_USDT
BloFin EWY-USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
HTX EWY-USDT
edgeX EWYUSDC
GRVT EWY_USDT_Perp