Funding you earn now, next payment 08:00 UTC+0.0308%/8h= +33.8% APRnext payment +$3.08 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against OKX+0.121%113s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as 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−$270.275% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 3 days (all we have)−0.142%−$14 · spread now +0.121%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.108% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.013%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWY-USDT-SWAP | 190.37 | 0.0260 | pay 0.0260% / 8h | 6h 57m | $4.2M | $3.5M | 50x |
| Short | BloFin EWY-USDT | 190.60 | 0.0568 | get 0.0568% / 8h | 6h 57m | $2K | $214K | 50x |
OKX EWY-USDT-SWAP
BloFin EWY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $64.76
- Price spread: +0.121% → +0.013%
- $10.75
- Slippage, 4 orders
- −$5.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $48.06
- Costs to cover
- 0.275%
- Break-even
- 1.8 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 3 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 OKX live order book, 5 min ago | 0.26 bp | 7.5 bp −$7 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.26 bp | 6.3 bp −$6 | 7.4 bp −$74 | 13.3 bp −$1,334 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.42 | +0.026% | $5.2M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.42 | +0.026% | $4.0M | $3.5M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.37 | 0.000% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.33 | −0.021% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.53 | +0.084% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.34 | −0.016% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.21 | −0.084% | $386K | $34K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0038% | 8h | 190.62 | +0.133% | $754K | $380K | 10x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.65 | +0.147% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.42 | +0.026% | $196K | $141K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
GRVT EWY_USDT_Perp
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.43 | +0.032% | $531K | $340K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.34 | −0.016% | $6.2M | $14.5M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.41 | +0.021% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.25 | −0.063% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.32 | −0.026% | $547 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.51 | +0.074% | $229K | $235K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0067% | 8h | 190.38 | +0.004% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.42 | +0.026% | $981K | $644K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.48 | +0.058% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.41 | +0.021% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0160% | 1h | 190.39 | +0.011% | $29K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAPlong | +0.0260% | 8h | 190.37 | long leg | $4.2M | $3.5M | 50x | |
| edgeX EWYUSDC | +0.0429% | 4h | 190.54 | +0.088% | $427K | $281K | 20x | as long as short |
| Bitget EWYUSDT | +0.0443% | 8h | 190.39 | +0.011% | $2.8M | $1.7M | 20x | as long as short |
| Aster EWYUSDT | +0.0465% | 8h | 190.51 | +0.073% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0566% | 8h | 190.51 | +0.074% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDTshort | +0.0568% | 8h | 190.60 | +0.121% | $2K | $214K | 50x | |
| Extended EWY_24_5-USD | +0.0584% | 1h | 190.32 | −0.026% | $304K | $670K | 10x | as long as short |
| Binance EWYUSDT | +0.0586% | 8h | 190.38 | +0.004% | $28.5M | $77.3M | 50x | as long as short |
| MEXC EWY_USDT | +0.0588% | 8h | 190.38 | +0.005% | $7.0M | $4.1M | 100x | as long as short |
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
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
Hotstuff EWY-PERP
edgeX EWYUSDC
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT