Funding you earn now, next payment 00:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.91 per $10,000 · paid last 24h +0.040%
Price spread now: Bybit against Gate+0.095%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.095%, 7d avg +0.005%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.090% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 189.23 | 0 | get 0.0000% / 8h | 1h 03m | $3.2M | $2.8M | 50x |
| Short | Bybit EWYUSDT | 189.41 | 0.0091 | get 0.0091% / 8h | 1h 03m | $5.2M | $4.1M | 100x |
Gate EWY_USDT
Bybit EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $19.21
- Price spread: +0.095% → +0.005%
- $9
- Slippage, 4 orders
- −$15.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$13.58
- Costs to cover
- 0.418%
- Break-even
- 11.9 days
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 9 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 Gate live order book, 4 min ago | 2.91 bp | 11.9 bp −$12 | 21.6 bp −$216 | 42.0 bp −$4,196 | 76.3 bp −$38.1K |
| Sell Bybit live order book, 9 min ago | 0.26 bp | 8.8 bp −$9 | 13.2 bp −$132 | 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 | 0.0000% | 1h | 189.21 | −0.011% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDTlong | 0.0000% | 8h | 189.23 | long leg | $3.2M | $2.8M | 50x | |
| SunX EWY-USDT | 0.0000% | 8h | 189.10 | −0.069% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.24 | +0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.16 | −0.037% | $376K | $100K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.28 | +0.026% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.31 | +0.042% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.18 | −0.026% | $52K | $52K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.14 | −0.048% | $4K | $74 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.23 | 0.000% | $785 | $3K | 10x | as long as short |
Hotstuff EWY-PERP
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.16 | −0.037% | $221K | $182K | 10x | as long as short |
| tradeXYZ xyz:EWY | +0.0074% | 1h | 189.25 | +0.011% | $6.4M | $14.8M | 20x | as long as short |
| Bybit EWYUSDTshort | +0.0091% | 8h | 189.41 | +0.095% | $5.2M | $4.1M | 100x | |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.17 | −0.032% | $964K | $719K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.11 | −0.063% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.23 | 0.000% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.24 | +0.005% | $525K | $332K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0129% | 8h | 189.28 | +0.029% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0177% | 8h | 189.35 | +0.063% | $2.5M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0200% | 8h | 189.25 | +0.011% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0246% | 8h | 189.41 | +0.095% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0384% | 1h | 189.27 | +0.021% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0491% | 8h | 189.23 | −0.001% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0574% | 8h | 189.18 | −0.027% | $1.5M | $983K | — | as long as short |
| BloFin EWY-USDT | +0.0591% | 8h | 189.25 | +0.011% | $47K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0600% | 1h | 189.25 | +0.013% | $304K | $392K | 10x | as long as short |
| Binance EWYUSDT | +0.0602% | 8h | 189.30 | +0.036% | $28.5M | $79.5M | 50x | as long as short |
| MEXC EWY_USDT | +0.0603% | 8h | 189.30 | +0.037% | $7.5M | $4.5M | 100x | as long as short |
| GRVT EWY_USDT_Perp | +0.0648% | 8h | 189.26 | +0.013% | $749K | $401K | 10x | as long as short |
| edgeX EWYUSDC | +0.0746% | 4h | 189.21 | −0.012% | $424K | $275K | 20x | as long as short |
Ondo Perps EWY-USD.P
tradeXYZ xyz:EWY
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
GRVT EWY_USDT_Perp
edgeX EWYUSDC