Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.019%
Price spread now: tradeXYZ against OKX−0.032%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now −0.032%, 7d avg −0.087%
=Together, before fees+0.020%+ Points / potential airdroptradeXYZ: Active · farm board+$2 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 0.055% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWY-USDT-SWAP | 186.75 | 0 | get 0.0000% / 8h | 30m 30s | $4.1M | $4.7M | 50x |
| Short | tradeXYZ xyz:EWY | 186.69 | 0.0050 | get 0.0006% / 1h | 30m 30s | $6.4M | $14.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.032% → −0.087%
- $5.53
- Slippage, 4 orders
- −$7.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$19.19
- Costs to cover
- 0.352%
- Break-even
- 19.8 days
Slippage from OKX: live order book, 2 min ago; tradeXYZ: live order book, 8 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, 2 min ago | 0.27 bp | 7.7 bp −$8 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.54 bp | 10.5 bp −$11 | 12.2 bp −$122 | 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 | −0.0454% | 8h | 186.94 | +0.102% | $2.9M | $2.5M | 20x | as long as short |
| BloFin EWY-USDT | −0.0025% | 8h | 186.97 | +0.118% | $48K | $217K | 50x | as long as short |
| Vest EWY-USD-PERP | −0.0004% | 1h | 186.45 | −0.161% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.92 | +0.090% | $290K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.83 | +0.043% | $238K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.83 | +0.043% | $27.1M | $83.0M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.89 | +0.075% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAPlong | 0.0000% | 8h | 186.75 | long leg | $4.1M | $4.7M | 50x | |
| Gate EWY_USDT | 0.0000% | 8h | 186.94 | +0.102% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.85 | +0.054% | $8.5M | $4.4M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.89 | +0.075% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.00 | +0.132% | $739K | $416K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.76 | +0.005% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.09 | +0.182% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.97 | +0.118% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.71 | −0.021% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.88 | +0.070% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 186.69 | −0.032% | $6.4M | $14.6M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 186.81 | +0.032% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.69 | −0.032% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.92 | +0.091% | $753 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.76 | +0.005% | $224K | $334K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.84 | +0.048% | $518K | $250K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.85 | +0.052% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.77 | +0.011% | $962K | $602K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.77 | +0.011% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.83 | +0.043% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0125% | 1h | 186.96 | +0.112% | $2K | $14K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0720% | 1h | 186.88 | +0.070% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0823% | 4h | 186.98 | +0.124% | $419K | $286K | 20x | as long as short |
OKX EWY-USDT-SWAP
tradeXYZ xyz:EWY
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
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC