# EWY funding rates and arbitrage

Updated 2026-10-30 15:59 UTC · https://afterfees.xyz/coin/EWY

## Best EWY arbitrage after every cost

No EWY pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## EWY funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | io:EWY | 0.0046% | 1 h | +40.5% | +11.9% | $230.2K | 2026-10-30 17:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_EWYUSD | 0.0037% | 1 h | +32.5% | +81.7% | $15.5K | 2026-10-30 17:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | EWY_PERP | 0.0100% | 8 h | +10.9% | +1.6% | $6.1M | 2026-10-31 00:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | EWY-USDT | 0.0013% | 1 h | +10.9% | +11.0% | $22.4K | 2026-10-30 17:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | EWY-USDC | 0.0013% | 1 h | +10.9% | — | $30.6K | 2026-10-30 17:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | EWY_USDT_Perp | 0.0083% | 8 h | +9.1% | +14.1% | $678.3K | 2026-10-31 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | xyz:EWY | 0.0009% | 1 h | +8.2% | +7.9% | $12.8M | 2026-10-30 17:00 |
| [Paradex](https://afterfees.xyz/venues/paradex) | EWY-USD-PERP | 0.0053% | 8 h | +5.8% | — | $18 | 2026-10-31 00:00 |
| [Ondo Perps](https://afterfees.xyz/venues/ondo) | EWY-USD.P | 0.0006% | 1 h | +5.5% | — | $669.9K | 2026-10-30 17:00 |
| [PopDEX](https://afterfees.xyz/venues/popdex) | EWYUSDT | 0.0006% | 1 h | +5.5% | +5.7% | $341.6K | 2026-10-30 17:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | NCSIEWY2USD-USDT | 0.0050% | 8 h | +5.5% | +13.5% | $967.7K | 2026-10-31 00:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | EWY | 0.0004% | 1 h | +3.5% | +4.2% | $192K | 2026-10-30 17:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | EWYUSDT | 0.0029% | 8 h | +3.2% | +7.8% | — | 2026-10-31 00:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | EWYUSDT | 0.0000% | 8 h | 0.0% | — | $1.5M | 2026-10-31 00:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | EWYUSDTM | 0.0000% | 8 h | 0.0% | −3.0% | $1.4M | 2026-10-31 00:00 |
| [OKX](https://afterfees.xyz/venues/okx) | EWY-USDT-SWAP | 0.0000% | 8 h | 0.0% | +2.5% | $4.6M | 2026-10-31 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | EWY_USDT | 0.0000% | 8 h | 0.0% | +9.4% | $6M | 2026-10-31 00:00 |
| [HTX](https://afterfees.xyz/venues/htx) | EWY-USDT | 0.0000% | 8 h | 0.0% | +5.7% | $19.5K | 2026-10-31 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | EWYUSDT | 0.0000% | 8 h | 0.0% | — | — | 2026-10-31 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | EWYUSDT | 0.0000% | 8 h | 0.0% | +0.9% | $4.4M | 2026-10-31 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | EWYUSDT | 0.0000% | 8 h | 0.0% | +7.0% | $2.2M | 2026-10-31 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | EWYUSDT | 0.0000% | 8 h | 0.0% | +9.5% | $28.3M | 2026-10-31 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | EWYUSDT | 0.0000% | 8 h | 0.0% | +5.9% | $610.9K | 2026-10-31 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | EWY_USDT | 0.0000% | 8 h | 0.0% | +1.1% | $2.8M | 2026-10-30 16:00 |
| [Variational](https://afterfees.xyz/venues/variational) | EWY-PERP | 0.0000% | 8 h | 0.0% | — | $752.6K | 2026-10-31 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | EWY_24_5-USD | 0.0000% | 1 h | 0.0% | +7.0% | $109.2K | 2026-10-30 17:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | EWYUSD-PERP | -0.0011% | 1 h | −9.8% | −8.8% | $29.9K | 2026-10-30 17:00 |

## Cost to enter $10,000 of EWY

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Hyperliquid | xyz:EWY | 2.5 bp | order-book snapshot, 23 min old |
| Binance | EWYUSDT | 5.9 bp * | order-book snapshot, 43 min old |
| Extended | EWY_24_5-USD | 1.8 bp | top of book only |
| MEXC | EWY_USDT | 2.3 bp | top of book only |
| Bybit | EWYUSDT | 3.1 bp | top of book only |
| Aster | EWYUSDT | 3.2 bp | top of book only |
| Lighter | EWY | 3.3 bp | top of book only |
| BingX | NCSIEWY2USD-USDT | 5.3 bp | top of book only |
| OKX | EWY-USDT-SWAP | 5.3 bp * | top of book only |
| GRVT | EWY_USDT_Perp | 6.1 bp | top of book only |
| Bitget | EWYUSDT | 6.3 bp | top of book only |
| Paradex | EWY-USD-PERP | 6.9 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## Questions

**Is EWY funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no EWY pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest EWY funding rate?**

Hyperliquid at +40.5% a year (0.0046% every 1 h); the lowest is Crypto.com at −9.8%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._