Funding you earn now, next payment 01:00 UTC+0.0288%/8h= +31.5% APRpaid last 24h +0.018%
Price spread now: OKX against Popdex+0.011%7-day average −0.007% · 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−$27as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 3 days (all we have)+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.011%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.007% in total (about 0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex EWYUSDT | 190.01 | 0.0048 | pay 0.0006% / 1h | 45m 27s | $196K | $142K | 20x |
| Short | OKX EWY-USDT-SWAP | 190.03 | 0.0336 | get 0.0336% / 8h | 7h 45m | $4.1M | $3.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $60.38
- Price spread: +0.011% → −0.007%
- $1.74
- Slippage, 4 orders
- −$11.84
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $33.88
- Costs to cover
- 0.282%
- Break-even
- 3.1 days
Slippage from Popdex: live order book, 28 min ago; OKX: live order book, 2 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, 28 min ago | 0.79 bp | 7.1 bp −$7 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.26 bp | 8.0 bp −$8 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 190.04 | +0.016% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.29 | +0.148% | $753K | $386K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.11 | +0.053% | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.24 | +0.121% | $26K | $29K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.06 | +0.026% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.94 | −0.037% | $379K | $54K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.13 | +0.063% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTlong | +0.0048% | 1h | 190.01 | long leg | $196K | $142K | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 189.97 | −0.021% | $51K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.84 | −0.089% | $4K | $126 | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX EWY-USD | +0.0050% | 1h | 190.06 | +0.026% | $788 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.02 | +0.005% | $242K | $214K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0066% | 1h | 190.08 | +0.037% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | +0.0075% | 8h | 190.02 | +0.005% | $5.3M | $4.2M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.95 | −0.032% | $978K | $677K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.14 | +0.068% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.14 | +0.068% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0101% | 8h | 190.05 | +0.022% | $23 | — | 5x | as long as short |
| tradeXYZ xyz:EWY | +0.0131% | 1h | 189.97 | −0.021% | $6.4M | $14.9M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.78 | −0.121% | $530K | $337K | 20x | as long as short |
| Bitget EWYUSDT | +0.0293% | 8h | 190.04 | +0.016% | $2.7M | $1.6M | 20x | as long as short |
| OKX EWY-USDT-SWAPshort | +0.0336% | 8h | 190.03 | +0.011% | $4.1M | $3.6M | 50x | |
| Hotstuff EWY-PERP | +0.0496% | 1h | 190.03 | +0.011% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0551% | 8h | 190.14 | +0.070% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0650% | 8h | 190.13 | +0.061% | $1.2M | $1.3M | — | as long as short |
| BloFin EWY-USDT | +0.0653% | 8h | 190.28 | +0.142% | $47K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0673% | 4h | 190.12 | +0.059% | $426K | $283K | 20x | as long as short |
| Binance EWYUSDT | +0.0678% | 8h | 190.00 | −0.005% | $28.6M | $78.5M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0680% | 1h | 189.97 | −0.022% | $299K | $501K | 10x | as long as short |
| MEXC EWY_USDT | +0.0680% | 8h | 190.00 | −0.005% | $7.6M | $4.5M | 100x | as long as short |
Popdex EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Paradex EWY-USD-PERP
tradeXYZ xyz:EWY
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
edgeX EWYUSDC
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT