Funding you earn now, next payment 04:00 UTC+0.0083%/8h= +9.0% APRpaid last 24h +0.143%
Price spread now: edgeX against Phemex−0.104%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1161.162% of the position
Funding, last 7 days+0.974%+$97 on $10k
+Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.104%, 7d avg −0.018%
=Together, before fees+1.074%+ Points / potential airdropedgeX: Active · farm board+$107 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.087% cheaper against Phemex than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.018%). If the spread goes back, that is −$9 on $10k: about 3.5 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.974% in total) that is about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex EWYUSDT | 189.70 | 0 | get 0.0000% / 8h | 6h 34m | $1.7M | $38K | 10x |
| Short | edgeX EWYUSDC | 189.50 | 0.0083 | get 0.0041% / 4h | 2h 34m | $425K | $282K | 20x |
Phemex EWYUSDT
edgeX EWYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $17.35
- Price spread: −0.104% → −0.018%
- −$8.66
- Slippage, 4 orders
- −$95.24
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$107.56
- Costs to cover
- 1.162%
- Break-even
- 50.4 days
Slippage from Phemex: live order book, 3 min ago; edgeX: live order book, 34 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 Phemex live order book, 3 min ago | 0.26 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 34 min ago | 5.25 bp | 10.4 bp −$10 | 14.3 bp −$143 | 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 | −0.0128% | 1h | 189.65 | −0.026% | $28K | $12K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | −0.0066% | 1h | 189.62 | −0.042% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.78 | +0.042% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.75 | +0.026% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.60 | −0.054% | $749K | $385K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.69 | −0.005% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.65 | −0.026% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDTlong | 0.0000% | 8h | 189.70 | long leg | $1.7M | $38K | 10x | |
| Lighter EWY | +0.0032% | 1h | 189.56 | −0.074% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.83 | +0.069% | — | $220K | 25x | as long as short |
Hotstuff EWY-PERP
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Lighter EWY
Vest EWY-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 189.72 | +0.011% | $197K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.28 | +0.306% | $531K | $336K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.68 | −0.011% | $6.3M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.67 | −0.016% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.52 | −0.095% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.67 | −0.016% | $635 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.48 | −0.116% | $212K | $250K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 189.67 | −0.014% | $23 | — | 5x | as long as short |
| edgeX EWYUSDCshort | +0.0083% | 4h | 189.50 | −0.104% | $425K | $282K | 20x | |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.60 | −0.053% | $977K | $634K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.59 | −0.058% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.72 | +0.011% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0210% | 8h | 189.77 | +0.037% | $4.1M | $3.5M | 50x | as long as short |
| Bitget EWYUSDT | +0.0244% | 8h | 189.77 | +0.037% | $2.8M | $1.9M | 20x | as long as short |
| Aster EWYUSDT | +0.0394% | 8h | 189.77 | +0.036% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0472% | 8h | 189.67 | −0.018% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0496% | 8h | 189.74 | +0.021% | $28.3M | $77.5M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0496% | 1h | 189.70 | 0.000% | $302K | $670K | 10x | as long as short |
| MEXC EWY_USDT | +0.0500% | 8h | 189.74 | +0.021% | $7.0M | $4.2M | 100x | as long as short |
| BloFin EWY-USDT | +0.0565% | 8h | 190.43 | +0.385% | $2K | $214K | 50x | as long as short |
Popdex EWYUSDT
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
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT