Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Coinbase International against Popdex+0.139%7-day average −0.078% · 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−$9as in the Price arb table
costs, in and out, $10k−$300.305% of the position
Funding, last 4 days (all we have)+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.139%, 7d avg −0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.217% dearer against Popdex than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex EWYUSDT | 187.58 | 0.0048 | pay 0.0006% / 1h | 39m 34s | $197K | $151K | 20x |
| Short | Coinbase International EWY-PERP-INTX | 187.84 | 0.0048 | get 0.0006% / 1h | 39m 34s | $522K | $273K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $0
- Price spread: +0.139% → −0.078%
- $21.69
- Slippage, 4 orders
- −$14.07
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$8.78
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago | 0.80 bp | 5.0 bp −$5 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.99 bp | 10.9 bp −$11 | 15.4 bp −$154 | 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 | −0.0158% | 8h | 187.67 | +0.048% | $2.7M | $2.3M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0016% | 1h | 187.72 | +0.075% | $28K | $12K | 20x | as long as short |
| BloFin EWY-USDT | −0.0011% | 8h | 187.87 | +0.155% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.55 | −0.018% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.53 | −0.024% | $239K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.55 | −0.017% | $27.2M | $81.9M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.63 | +0.027% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.49 | −0.048% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.68 | +0.053% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.68 | +0.053% | $8.6M | $4.5M | 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 | 187.81 | +0.124% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.83 | +0.135% | $743K | $425K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.81 | +0.123% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.97 | +0.208% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.82 | +0.128% | $1.7M | $36K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.65 | +0.037% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0044% | 1h | 187.35 | −0.123% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTlong | +0.0048% | 1h | 187.58 | long leg | $197K | $151K | 20x | |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 187.84 | +0.139% | $522K | $273K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.39 | −0.101% | $6.4M | $14.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.74 | +0.085% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.37 | −0.112% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.79 | +0.112% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.69 | +0.059% | $224K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.60 | +0.008% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.66 | +0.043% | $966K | $595K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.72 | +0.075% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.82 | +0.128% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0123% | 1h | 187.79 | +0.112% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0454% | 4h | 187.85 | +0.142% | $421K | $284K | 20x | as long as short |
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC