Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against OKX+0.279%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$464as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4744.744% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)−0.381%−$38 · spread now +0.279%, 7d avg −0.048%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.327% dearer against OKX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWY-USDT-SWAP | 186.26 | 0 | get 0.0000% / 8h | 7h 59m | $4.1M | $4.7M | 50x |
| Short | KuCoin EWYUSDTM | 186.78 | 0.0100 | get 0.0100% / 8h | 7h 59m | $962K | $604K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.279% → −0.048%
- $32.71
- Slippage, 4 orders
- −$452.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$420.71
- Costs to cover
- 4.744%
- Break-even
- 147.2 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 25 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, 3 min ago | 0.27 bp | 6.7 bp −$7 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 5.10 bp | 113.9 bp −$114 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0622% | 8h | 186.04 | −0.118% | $3.1M | $2.6M | 20x | as long as short |
| Entropy io:EWY | −0.0359% | 1h | 186.26 | 0.000% | $141K | $120K | 25x | as long as short |
| Vest EWY-USD-PERP | −0.0034% | 1h | 185.80 | −0.247% | — | $220K | 25x | as long as short |
| BloFin EWY-USDT | −0.0027% | 8h | 186.23 | −0.016% | $48K | $217K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.29 | +0.014% | $288K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.18 | −0.044% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.20 | −0.032% | $27.0M | $83.5M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.32 | +0.032% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAPlong | 0.0000% | 8h | 186.26 | long leg | $4.1M | $4.7M | 50x | |
| Gate EWY_USDT | 0.0000% | 8h | 186.38 | +0.064% | $4.1M | $4.3M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EWY_USDT | 0.0000% | 8h | 186.20 | −0.032% | $7.8M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 186.38 | +0.064% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.42 | +0.086% | $731K | $420K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.37 | +0.059% | — | $2.4M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 186.22 | −0.021% | $3K | $15K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.35 | +0.048% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.22 | −0.021% | $1.6M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.01 | −0.134% | $377K | $40K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.16 | −0.054% | $6.4M | $14.7M | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.23 | −0.016% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.23 | −0.016% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.32 | +0.032% | $233K | $335K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0061% | 8h | 186.38 | +0.067% | $22 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0096% | 1h | 186.27 | +0.005% | $28K | $15K | 20x | as long as short |
| KuCoin EWYUSDTMshort | +0.0100% | 8h | 186.78 | +0.279% | $962K | $604K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.48 | +0.118% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.28 | +0.011% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 186.23 | −0.016% | $517K | $251K | 20x | as long as short |
| Popdex EWYUSDT | +0.0184% | 1h | 186.25 | −0.005% | $198K | $153K | 20x | as long as short |
| edgeX EWYUSDC | +0.0950% | 4h | 186.45 | +0.101% | $418K | $286K | 20x | as long as short |
OKX EWY-USDT-SWAP
KuCoin EWYUSDTM
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
Popdex EWYUSDT
edgeX EWYUSDC