Funding you earn now, next payment 06:00 UTC−0.0289%/8h= −31.6% APRnext payment −$0.36 per $10,000 · paid last 24h −0.033%
Price spread now: Coinbase International against Deribit+0.075%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. Coinbase International is 0.075% dearer against Deribit than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit EWY_USDC-PERPETUAL | 187.61 | 0.0337 | pay 0.0042% / 1h | 26m 23s | $2K | $14K | 20x |
| Short | Coinbase International EWY-PERP-INTX | 187.75 | 0.0048 | get 0.0006% / 1h | 26m 23s | $521K | $274K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- −$60.62
- Price spread: +0.075% → 0.000%
- $7.46
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$70.16
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 17 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 17 min ago | 3.99 bp | 10.9 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
Deribit: 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 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 | −0.0232% | 8h | 187.80 | +0.101% | $2.7M | $2.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.74 | +0.068% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.73 | +0.067% | $238K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.81 | +0.109% | $27.2M | $81.6M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.83 | +0.117% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.72 | +0.059% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.77 | +0.085% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.80 | +0.101% | $8.6M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.72 | +0.060% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.74 | +0.067% | $742K | $423K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 187.49 | −0.064% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.94 | +0.176% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.73 | +0.064% | $1.7M | $36K | 10x | as long as short |
| BloFin EWY-USDT | +0.0028% | 8h | 187.72 | +0.059% | $48K | $216K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.47 | −0.075% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0042% | 1h | 187.51 | −0.053% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.81 | +0.107% | $197K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 187.75 | +0.075% | $521K | $274K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.69 | +0.043% | $6.3M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.59 | −0.011% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.63 | +0.011% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.68 | +0.037% | $753 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.50 | −0.059% | $223K | $321K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 187.78 | +0.091% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.51 | −0.053% | $965K | $590K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.72 | +0.059% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.64 | +0.016% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0168% | 1h | 187.63 | +0.011% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0296% | 4h | 187.85 | +0.128% | $421K | $284K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUALlong | +0.0337% | 1h | 187.61 | long leg | $2K | $14K | 20x |
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
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