Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: tradeXYZ against Gate−0.048%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$470.469% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.048%, 7d avg −0.085%
=Together, before fees+0.142%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.037% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 189.38 | 0 | get 0.0000% / 8h | 3h 37m | $4.1M | $3.9M | 50x |
| Short | tradeXYZ xyz:EWY | 189.29 | 0.0050 | get 0.0006% / 1h | 37m 24s | $6.1M | $14.4M | 20x |
Gate EWY_USDT
tradeXYZ xyz:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.048% → −0.085%
- $3.7
- Slippage, 4 orders
- −$13.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$32.74
- Costs to cover
- 0.469%
- Break-even
- 28.8 days
Slippage from Gate: live order book, 6 min ago; tradeXYZ: live order book, 12 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, 6 min ago | 3.16 bp | 11.2 bp −$11 | 27.2 bp −$272 | 44.2 bp −$4,419 | 81.3 bp −$40.7K |
| Sell tradeXYZ live order book, 12 min ago | 0.79 bp | 10.0 bp −$10 | 11.4 bp −$114 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | 0.0000% | 8h | 189.35 | −0.018% | $294K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.41 | +0.016% | $5.1M | $4.2M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.40 | +0.011% | $4.1M | $3.4M | 50x | as long as short |
| Gate EWY_USDTlong | 0.0000% | 8h | 189.38 | long leg | $4.1M | $3.9M | 50x | |
| Bitget EWYUSDT | 0.0000% | 8h | 189.41 | +0.016% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 189.64 | +0.138% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.41 | +0.017% | $749K | $400K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.31 | −0.037% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.52 | +0.074% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.45 | +0.037% | $1.7M | $37K | 10x | as long as short |
Aster EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EWY_24_5-USD | +0.0016% | 1h | 189.30 | −0.043% | $300K | $667K | 10x | as long as short |
| Hotstuff EWY-PERP | +0.0016% | 1h | 189.26 | −0.063% | $28K | $12K | 20x | as long as short |
| Binance EWYUSDT | +0.0017% | 8h | 189.39 | +0.006% | $27.7M | $76.8M | 50x | as long as short |
| MEXC EWY_USDT | +0.0019% | 8h | 189.39 | +0.005% | $6.2M | $3.8M | 100x | as long as short |
| BloFin EWY-USDT | +0.0030% | 8h | 189.46 | +0.042% | $47K | $213K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.21 | −0.090% | $383K | $39K | 20x | as long as short |
| edgeX EWYUSDC | +0.0039% | 4h | 189.40 | +0.012% | $425K | $283K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.32 | −0.032% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.38 | 0.000% | $197K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.83 | +0.238% | $530K | $291K | 20x | as long as short |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 189.29 | −0.048% | $6.1M | $14.4M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 189.35 | −0.016% | $30K | $64K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.19 | −0.100% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.35 | −0.016% | $746 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.24 | −0.074% | $209K | $284K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 189.35 | −0.018% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.28 | −0.053% | $975K | $612K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.31 | −0.037% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.32 | −0.032% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0226% | 1h | 189.33 | −0.026% | $2K | $13K | 20x | as long as short |
Extended EWY_24_5-USD
Hotstuff EWY-PERP
Binance EWYUSDT
MEXC EWY_USDT
BloFin EWY-USDT
Lighter EWY
edgeX EWYUSDC
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