Funding you earn now, next payment 01:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.003%
Price spread now: Entropy against Bitget−0.073%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$12 a day on $10k at the current rate, and Entropy is 0.073% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EWYUSDT | 190.49 | 0.0446 | pay 0.0446% / 8h | 7h 10m | $2.7M | $1.6M | 20x |
| Short | Entropy io:EWY | 190.35 | 0.0050 | get 0.0006% / 1h | 10m 29s | $52K | $57K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Bitget. 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
- −$83.16
- Price spread: −0.073% → 0.000%
- −$7.35
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$120.51
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Entropy: 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 Bitget live order book, 2 min ago | 0.26 bp | 10.7 bp −$11 | 16.8 bp −$168 | 36.5 bp −$3,648 | doesn't fit |
| Sell Entropy no order-book sample | — | — | — | — | — |
Entropy: 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 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 | −0.0200% | 1h | 190.42 | −0.037% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.48 | −0.005% | $5.2M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.46 | −0.016% | $4.0M | $3.5M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.47 | −0.012% | $754K | $386K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.12 | −0.194% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.22 | −0.142% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.80 | +0.163% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.41 | −0.042% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.31 | −0.094% | $386K | $64K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.63 | +0.073% | — | $220K | 25x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.46 | −0.016% | $195K | $141K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.39 | −0.052% | $6.3M | $14.8M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 190.35 | −0.073% | $52K | $57K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.28 | −0.110% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.26 | −0.121% | $496 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.32 | −0.089% | $229K | $236K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0073% | 8h | 190.44 | −0.028% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.30 | −0.100% | $981K | $654K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.55 | +0.031% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.35 | −0.073% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 190.44 | −0.026% | $531K | $341K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0281% | 8h | 190.49 | 0.000% | $4.2M | $3.5M | 50x | as long as short |
| Bitget EWYUSDTlong | +0.0446% | 8h | 190.49 | long leg | $2.7M | $1.6M | 20x | |
| Aster EWYUSDT | +0.0484% | 8h | 190.43 | −0.030% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0577% | 8h | 190.30 | −0.098% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0581% | 8h | 190.29 | −0.105% | $47K | $214K | 50x | as long as short |
| Binance EWYUSDT | +0.0605% | 8h | 190.49 | 0.000% | $28.6M | $77.4M | 50x | as long as short |
| MEXC EWY_USDT | +0.0607% | 8h | 190.49 | 0.000% | $7.4M | $4.6M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0608% | 1h | 190.45 | −0.020% | $304K | $670K | 10x | as long as short |
| edgeX EWYUSDC | +0.0666% | 4h | 190.70 | +0.111% | $427K | $284K | 20x | as long as short |
Bitget EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Binance EWYUSDT
MEXC EWY_USDT
Extended EWY_24_5-USD
edgeX EWYUSDC