Funding you earn now, next payment 02:00 UTC−0.0344%/8h= −37.7% APRpaid last 24h −0.055%
Price spread now: Polymarket Perps against Binance−0.174%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.174% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 190.11 | 0.0394 | pay 0.0394% / 8h | 6h 03m | $28.3M | $77.3M | 50x |
| Short | Polymarket Perps EWY-USD | 189.78 | 0.0050 | get 0.0006% / 1h | 3m 44s | $4K | $126 | 20x |
Binance EWYUSDT
Polymarket Perps EWY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$72.33
- Price spread: −0.174% → 0.000%
- −$17.41
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$107.74
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Polymarket Perps: no order-book sample. Net counts fees only.
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, 9 min ago | 0.26 bp | 5.3 bp −$5 | 6.6 bp −$66 | 18.8 bp −$1,883 | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EWY on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.06 | −0.027% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.06 | −0.027% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.58 | −0.279% | $749K | $391K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.81 | −0.158% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.00 | −0.058% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.98 | −0.069% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.96 | −0.079% | $385K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.09 | −0.011% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.94 | −0.090% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.56 | −0.290% | $529K | $323K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTXShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | +0.0049% | 8h | 190.03 | −0.043% | $2.7M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.96 | −0.079% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.87 | −0.127% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USDshort | +0.0050% | 1h | 189.78 | −0.174% | $4K | $126 | 20x | |
| SoDEX EWY-USD | +0.0050% | 1h | 189.94 | −0.090% | $735 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.90 | −0.111% | $197K | $274K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0062% | 8h | 189.94 | −0.088% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.95 | −0.085% | $978K | $629K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.83 | −0.148% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.98 | −0.069% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0164% | 8h | 190.01 | −0.053% | $4.1M | $3.5M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0216% | 1h | 189.89 | −0.116% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0304% | 8h | 190.15 | +0.019% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0370% | 8h | 189.94 | −0.089% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0392% | 1h | 190.07 | −0.022% | $302K | $665K | 10x | as long as short |
| Binance EWYUSDTlong | +0.0394% | 8h | 190.11 | long leg | $28.3M | $77.3M | 50x | |
| MEXC EWY_USDT | +0.0395% | 8h | 190.03 | −0.043% | $7.0M | $4.3M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0699% | 1h | 189.83 | −0.148% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0867% | 4h | 189.87 | −0.126% | $425K | $283K | 20x | as long as short |
Bitget EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
MEXC EWY_USDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC