Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.052%
Price spread now: Entropy against Binance−0.054%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$670.675% of the position
Funding, last 4 days (all we have)+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)−0.260%−$26 · spread now −0.054%, 7d avg −0.058%
=The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 185.75 | 0 | get 0.0000% / 8h | 7h 38m | $26.9M | $82.1M | 50x |
| Short | Entropy io:EWY | 185.65 | 0.0050 | get 0.0006% / 1h | 38m 29s | $141K | $119K | 25x |
Binance EWYUSDT
Entropy io:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Binance. 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: −0.054% → −0.058%
- $0.38
- Slippage, 4 orders
- −$39.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$56.57
- Costs to cover
- 0.675%
- Break-even
- 44.7 days
Slippage from Binance: live order book, 4 min ago; Entropy: live order book, 18 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 Binance live order book, 4 min ago | 0.27 bp | 5.7 bp −$6 | 6.7 bp −$67 | 18.6 bp −$1,860 | doesn't fit |
| Sell Entropy live order book, 18 min ago | 10.21 bp | 30.0 bp −$30 | 128.2 bp −$1,282 | 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 | −0.0535% | 8h | 185.77 | +0.011% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0020% | 1h | 185.40 | −0.188% | — | $235K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.90 | +0.079% | $288K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.70 | −0.026% | $239K | $916K | 10x | as long as short |
| Binance EWYUSDTlong | 0.0000% | 8h | 185.75 | long leg | $26.9M | $82.1M | 50x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.70 | −0.027% | $4.1M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.74 | −0.005% | $4.1M | $4.4M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 185.67 | −0.043% | $7.6M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 185.76 | +0.008% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 185.93 | +0.098% | $728K | $421K | 10x | as long as short |
Bitget EWYUSDT
Vest EWY-USD-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 185.87 | +0.065% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.06 | +0.167% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 185.73 | −0.011% | $1.6M | $37K | 10x | as long as short |
| Hotstuff EWY-PERP | +0.0024% | 1h | 185.60 | −0.081% | $27K | $16K | 20x | as long as short |
| BloFin EWY-USDT | +0.0029% | 8h | 185.74 | −0.005% | $48K | $218K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 185.51 | −0.129% | $376K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 185.75 | 0.000% | $197K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 185.53 | −0.118% | $6.2M | $14.9M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 185.65 | −0.054% | $141K | $119K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 185.60 | −0.081% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 185.72 | −0.016% | $745 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 185.58 | −0.092% | $234K | $334K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 185.64 | −0.060% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.70 | −0.027% | $956K | $621K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 185.78 | +0.016% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.81 | +0.032% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 185.80 | +0.027% | $515K | $250K | 20x | as long as short |
| Bybit EWYUSDT | +0.0132% | 8h | 185.75 | 0.000% | $4.9M | $4.8M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0181% | 1h | 185.72 | −0.016% | $3K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0344% | 4h | 185.79 | +0.022% | $417K | $285K | 20x | as long as short |
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Hotstuff EWY-PERP
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
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
Bybit EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC