Funding you earn now, next payment 05:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.180%
Price spread now: tradeXYZ against edgeX−0.044%46s7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days−0.952%−$95 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.044%, 7d avg −0.069%
=Together, before fees−0.950%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$95 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ is 0.025% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.069%. Mind the row above: over the last 7 days funding on this pair cost −0.952%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EWYUSDC | 189.40 | 0.0039 | pay 0.0020% / 4h | 3h 36m | $425K | $283K | 20x |
| Short | tradeXYZ xyz:EWY | 189.32 | 0.0050 | get 0.0006% / 1h | 36m 47s | $6.1M | $14.4M | 20x |
edgeX EWYUSDC
tradeXYZ xyz:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against edgeX. 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
- $2.26
- Price spread: −0.044% → −0.069%
- $2.55
- Slippage, 4 orders
- −$14.09
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$36.29
- Costs to cover
- 0.411%
- Break-even
- 119.6 days
Slippage from edgeX: live order book, 17 min ago; tradeXYZ: live order book, 2 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 edgeX live order book, 17 min ago | 5.26 bp | 10.2 bp −$10 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.79 bp | 9.8 bp −$10 | 11.3 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EWY-USDT | −0.0006% | 8h | 189.41 | +0.004% | $48K | $213K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 189.38 | −0.010% | $294K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.48 | +0.041% | $5.1M | $4.2M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.43 | +0.014% | $4.1M | $3.4M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.42 | +0.009% | $4.1M | $3.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.44 | +0.019% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 189.64 | +0.126% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.41 | +0.005% | $749K | $400K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.31 | −0.049% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.52 | +0.062% | $22K | $35K | 20x | as long as short |
BloFin EWY-USDT
Aster EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Bitget EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex EWYUSDT | 0.0000% | 8h | 189.48 | +0.041% | $1.7M | $37K | 10x | as long as short |
| Extended EWY_24_5-USD | +0.0016% | 1h | 189.38 | −0.010% | $300K | $667K | 10x | as long as short |
| Hotstuff EWY-PERP | +0.0016% | 1h | 189.26 | −0.076% | $28K | $12K | 20x | as long as short |
| Binance EWYUSDT | +0.0017% | 8h | 189.44 | +0.019% | $27.7M | $76.8M | 50x | as long as short |
| MEXC EWY_USDT | +0.0019% | 8h | 189.45 | +0.025% | $6.2M | $3.8M | 100x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.26 | −0.076% | $383K | $39K | 20x | as long as short |
| edgeX EWYUSDClong | +0.0039% | 4h | 189.40 | long leg | $425K | $283K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.32 | −0.044% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.38 | −0.012% | $197K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.83 | +0.225% | $530K | $291K | 20x | as long as short |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 189.32 | −0.044% | $6.1M | $14.4M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 189.35 | −0.028% | $30K | $64K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.19 | −0.113% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.31 | −0.049% | $747 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.24 | −0.086% | $209K | $284K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 189.35 | −0.030% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.34 | −0.033% | $976K | $612K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.31 | −0.049% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.32 | −0.044% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0120% | 1h | 189.35 | −0.028% | $2K | $13K | 20x | as long as short |
Phemex EWYUSDT
Extended EWY_24_5-USD
Hotstuff EWY-PERP
Binance EWYUSDT
MEXC EWY_USDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
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
Deribit EWY_USDC-PERPETUAL