iShares MSCI South Korea ETF (EWY) Funding Rate History
iShares MSCI South Korea ETF (EWY) perpetual futures funding ranges from -1.10 bps on BITGET to 2.10 bps on HOTSTUFF across 14 reporting venues, a spread of 3.20 bps. The most extreme rate (23.00% APY annualized) is on HOTSTUFF. Currently funding signs are mixed: 7 positive, 2 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on EWY price.
EWY Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| HOTSTUFF | 2.10 bps | 23.00% APY | 5.10 bps | $101.78K |
| KUCOIN | 1.20 bps | 13.14% APY | 7.10 bps | $58.00K |
| BITGET | -1.10 bps | -12.04% APY | 4.70 bps | $961.22K |
| GRVT | 1.00 bps | 10.95% APY | 2.30 bps | $681.50K |
| EXTENDED | 1.00 bps | 10.95% APY | 1.30 bps | $86.51K |
| HUOBI | 1.00 bps | 10.95% APY | -0.30 bps | $56.27K |
| TRADEXYZ | 0.90 bps | 9.86% APY | -0.40 bps | $5.75M |
| BYBIT | -0.50 bps | -5.47% APY | 4.20 bps | $282.40K |
| LIGHTER | 0.30 bps | 3.28% APY | 0.50 bps | $333.98K |
| BINANCE | 0.00 bps | 0.00% APY | 2.80 bps | $23.59M |
| DREAMCASH | 0.00 bps | 0.00% APY | 0.00 bps | $2.71M |
| OKX | 0.00 bps | 0.00% APY | 0.80 bps | $1.69M |
| ASTER | 0.00 bps | 0.00% APY | 6.20 bps | $31.18K |
| PHEMEX | 0.00 bps | 0.00% APY | n/a | $29.07K |
Last updated 2026-05-16T13:10:41.735010Z (UTC).
Loading EWY funding history...
Related: EWY open interest, EWY volume, EWY perp market data.