Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Gate against tradeXYZ+0.031%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now +0.031%, 7d avg +0.085%
=Together, before fees−0.110%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.054% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.085%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWY | 190.49 | 0.0050 | pay 0.0006% / 1h | 59m 41s | $6.2M | $14.5M | 20x |
| Short | Gate EWY_USDT | 190.55 | 0 | get 0.0000% / 8h | 6h 59m | $4.0M | $3.5M | 50x |
tradeXYZ xyz:EWY
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against tradeXYZ. 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: +0.031% → +0.085%
- −$5.36
- Slippage, 4 orders
- −$14.55
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.41
- Costs to cover
- 0.476%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Gate: live order book, 3 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 tradeXYZ live order book, 9 min ago | 0.52 bp | 10.1 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.15 bp | 13.1 bp −$13 | 31.4 bp −$314 | 49.7 bp −$4,973 | 87.1 bp −$43.6K |
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 | −0.0216% | 1h | 190.56 | +0.037% | $29K | $12K | 20x | as long as short |
| Entropy io:EWY | −0.0066% | 1h | 190.51 | +0.010% | $52K | $57K | 25x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.62 | +0.068% | $5.2M | $4.3M | 100x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 190.55 | +0.031% | $4.0M | $3.5M | 50x | |
| SunX EWY-USDT | 0.0000% | 8h | 190.53 | +0.021% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.56 | +0.037% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.76 | +0.142% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.57 | +0.042% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.43 | −0.031% | $386K | $34K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0042% | 8h | 190.73 | +0.126% | $754K | $385K | 10x | as long as short |
Hotstuff EWY-PERP
Entropy io:EWY
Bybit EWYUSDT
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.78 | +0.152% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.59 | +0.052% | $196K | $142K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 190.49 | long leg | $6.2M | $14.5M | 20x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.46 | −0.016% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.57 | +0.042% | $535 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.51 | +0.010% | $229K | $235K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0068% | 8h | 190.57 | +0.041% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.44 | −0.026% | $981K | $644K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.45 | −0.021% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.61 | +0.063% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 190.43 | −0.031% | $531K | $340K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0266% | 8h | 190.53 | +0.021% | $4.2M | $3.5M | 50x | as long as short |
| Bitget EWYUSDT | +0.0448% | 8h | 190.57 | +0.042% | $2.7M | $1.6M | 20x | as long as short |
| Aster EWYUSDT | +0.0473% | 8h | 190.70 | +0.111% | $296K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0566% | 8h | 190.51 | +0.011% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0592% | 1h | 190.55 | +0.030% | $304K | $670K | 10x | as long as short |
| Binance EWYUSDT | +0.0594% | 8h | 190.61 | +0.064% | $28.5M | $77.3M | 50x | as long as short |
| MEXC EWY_USDT | +0.0595% | 8h | 190.58 | +0.047% | $7.0M | $4.1M | 100x | as long as short |
| BloFin EWY-USDT | +0.0613% | 8h | 190.45 | −0.021% | $2K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0962% | 4h | 190.56 | +0.039% | $427K | $283K | 20x | as long as short |
Vest EWY-USD-PERP
Popdex EWYUSDT
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
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
BloFin EWY-USDT
edgeX EWYUSDC