Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.056%
Price spread now: Binance against Popdex+0.013%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 4 days (all we have)+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.013%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex EWYUSDT | 190.58 | 0.0048 | pay 0.0006% / 1h | 36m 52s | $198K | $146K | 20x |
| Short | Binance EWYUSDT | 190.60 | 0.0152 | get 0.0152% / 8h | 4h 36m | $28.5M | $76.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Popdex. 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
- $21.9
- Price spread: +0.013% → +0.009%
- $0.37
- Slippage, 4 orders
- −$4.81
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $1.07
- Costs to cover
- 0.212%
- Break-even
- 6.7 days
Slippage from Popdex: live order book, 22 min ago; Binance: live order book, 6 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 Popdex live order book, 22 min ago | 0.52 bp | 5.1 bp −$5 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.26 bp | 5.3 bp −$5 | 6.3 bp −$63 | 17.6 bp −$1,764 | 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 | 190.63 | +0.026% | $5.2M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.64 | +0.031% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.69 | +0.058% | $754K | $394K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.44 | −0.073% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.72 | +0.073% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.60 | +0.010% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.41 | −0.089% | $386K | $39K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 190.57 | −0.005% | $531K | $304K | 20x | as long as short |
| Bitget EWYUSDT | +0.0043% | 8h | 190.60 | +0.010% | $2.7M | $2.0M | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.74 | +0.084% | — | $220K | 25x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDTlong | +0.0048% | 1h | 190.58 | long leg | $198K | $146K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.50 | −0.042% | $6.2M | $13.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.43 | −0.079% | $46K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.41 | −0.089% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.56 | −0.010% | $748 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.60 | +0.010% | $201K | $268K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 190.55 | −0.014% | $23 | — | 5x | as long as short |
| OKX EWY-USDT-SWAP | +0.0059% | 8h | 190.61 | +0.016% | $4.1M | $3.3M | 50x | as long as short |
| Aster EWYUSDT | +0.0080% | 8h | 190.54 | −0.020% | $295K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.45 | −0.068% | $982K | $623K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.54 | −0.021% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.52 | −0.031% | $2K | $1K | 20x | as long as short |
| Variational Omni EWY | +0.0123% | 8h | 190.65 | +0.037% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0152% | 1h | 190.56 | −0.013% | $301K | $669K | 10x | as long as short |
| Binance EWYUSDTshort | +0.0152% | 8h | 190.60 | +0.013% | $28.5M | $76.5M | 50x | |
| BloFin EWY-USDT | +0.0154% | 8h | 190.57 | −0.005% | $48K | $214K | 50x | as long as short |
| MEXC EWY_USDT | +0.0155% | 8h | 190.61 | +0.016% | $6.5M | $3.9M | 100x | as long as short |
| Hotstuff EWY-PERP | +0.0280% | 1h | 190.46 | −0.063% | $29K | $12K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0380% | 1h | 190.56 | −0.010% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0428% | 4h | 190.52 | −0.031% | $427K | $283K | 20x | as long as short |
Popdex EWYUSDT
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
OKX EWY-USDT-SWAP
Aster EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
BloFin EWY-USDT
MEXC EWY_USDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC