Funding you earn now, next payment 00:00 UTC+0.0335%/8h= +36.7% APRnext payment +$3.35 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against Bitget−0.041%7-day average −0.009% · 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)+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.041%, 7d avg −0.009%
=Together, before fees+0.054%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.031% cheaper against Bitget than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.009%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.007% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.007% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EWYUSDT | 189.18 | 0.0156 | pay 0.0156% / 8h | 1h 35m | $2.5M | $1.4M | 20x |
| Short | Variational Omni EWY | 189.10 | 0.0491 | get 0.0491% / 8h | 1h 35m | $1.4M | $899K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $70.32
- Price spread: −0.041% → −0.009%
- −$3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $55.2
- Costs to cover
- 0.120%
- Break-even
- 1.5 days
Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 4 min ago. 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 | 0.53 bp | 10.8 bp −$11 | 15.9 bp −$159 | 23.7 bp −$2,369 | 59.4 bp −$29.7K |
| Sell Variational Omni RFQ quote, 4 min ago | 2.22 bp | doesn't fit | 5.7 bp −$57 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.15 | −0.016% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.87 | −0.164% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.13 | −0.026% | $1.7M | $37K | 10x | as long as short |
| Bybit EWYUSDT | +0.0017% | 8h | 189.25 | +0.037% | $5.2M | $4.1M | 100x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.01 | −0.090% | $376K | $95K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.06 | −0.063% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.12 | −0.032% | $194K | $138K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.08 | −0.053% | $6.4M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.99 | −0.100% | $49K | $36K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.98 | −0.106% | $4K | $38 | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX EWY-USD | +0.0050% | 1h | 189.13 | −0.026% | $779 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.98 | −0.106% | $221K | $181K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.04 | −0.074% | $958K | $725K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.24 | +0.032% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.15 | −0.016% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.19 | +0.005% | $525K | $332K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0144% | 8h | 189.27 | +0.048% | $23 | — | 5x | as long as short |
| Bitget EWYUSDTlong | +0.0156% | 8h | 189.18 | long leg | $2.5M | $1.4M | 20x | |
| HTX EWY-USDT | +0.0180% | 8h | 189.27 | +0.048% | $36K | $8K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0208% | 1h | 189.08 | −0.053% | $28K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0215% | 8h | 189.20 | +0.011% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0332% | 1h | 189.14 | −0.021% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0338% | 4h | 189.14 | −0.019% | $424K | $274K | 20x | as long as short |
| Aster EWYUSDT | +0.0435% | 8h | 189.01 | −0.092% | $293K | $12K | 20x | as long as short |
| Variational Omni EWYshort | +0.0491% | 8h | 189.10 | −0.041% | $1.4M | $899K | — | |
| BloFin EWY-USDT | +0.0509% | 8h | 189.16 | −0.011% | $47K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0528% | 1h | 189.10 | −0.044% | $304K | $403K | 10x | as long as short |
| MEXC EWY_USDT | +0.0531% | 8h | 189.12 | −0.032% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0535% | 8h | 189.16 | −0.012% | $28.5M | $79.5M | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0630% | 8h | 189.16 | −0.013% | $748K | $403K | 10x | as long as short |
Bitget EWYUSDT
Variational Omni EWY
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Bybit EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC
Aster EWYUSDT
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
Binance EWYUSDT
GRVT EWY_USDT_Perp