Funding you earn now, next payment 01:00 UTC+0.0392%/8h= +42.9% APRpaid last 24h −0.529%
Price spread now: Hotstuff against Bybit−0.047%53s7-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
=Funding pays, the price is against you. Hotstuff is 0.047% cheaper against Bybit than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$12 a day). The two prices were read 53 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 | Bybit EWYUSDT | 190.32 | 0 | get 0.0000% / 8h | 7h 37m | $5.3M | $4.2M | 100x |
| Short | Hotstuff EWY-PERP | 190.23 | 0.0392 | get 0.0049% / 1h | 37m 45s | $29K | $12K | 20x |
Bybit EWYUSDT
Hotstuff EWY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Bybit. 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
- $82.32
- Price spread: −0.047% → 0.000%
- −$4.73
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $61.59
- Costs to cover
- 0.160%
- Break-even
- 1.8 days
Slippage unknown: Bybit: live order book, 5 min ago; Hotstuff: 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 Bybit live order book, 5 min ago | 0.26 bp | 8.3 bp −$8 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDTlong | 0.0000% | 8h | 190.32 | long leg | $5.3M | $4.2M | 100x | |
| Gate EWY_USDT | 0.0000% | 8h | 190.30 | −0.011% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.79 | −0.279% | $751K | $382K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.28 | −0.021% | — | $2.7M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.15 | −0.089% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.17 | −0.079% | $26K | $28K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.17 | −0.079% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.20 | −0.063% | $379K | $54K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.39 | +0.037% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.25 | −0.037% | $196K | $141K | 20x | as long as short |
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 190.08 | −0.126% | $52K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.06 | −0.137% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.19 | −0.068% | $793 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.14 | −0.095% | $241K | $231K | 10x | as long as short |
| tradeXYZ xyz:EWY | +0.0055% | 1h | 190.24 | −0.042% | $6.3M | $14.9M | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0092% | 8h | 190.29 | −0.018% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.08 | −0.126% | $979K | $672K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.06 | −0.137% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.24 | −0.042% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.77 | −0.289% | $530K | $338K | 20x | as long as short |
| Bitget EWYUSDT | +0.0311% | 8h | 190.29 | −0.016% | $2.7M | $1.6M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0320% | 8h | 190.30 | −0.011% | $4.1M | $3.6M | 50x | as long as short |
| Hotstuff EWY-PERPshort | +0.0392% | 1h | 190.23 | −0.047% | $29K | $12K | 20x | |
| Aster EWYUSDT | +0.0527% | 8h | 190.28 | −0.021% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0635% | 8h | 190.04 | −0.149% | $1.2M | $1.3M | — | as long as short |
| Binance EWYUSDT | +0.0653% | 8h | 190.28 | −0.021% | $28.7M | $78.0M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0656% | 1h | 190.24 | −0.042% | $301K | $650K | 10x | as long as short |
| MEXC EWY_USDT | +0.0656% | 8h | 190.29 | −0.016% | $7.6M | $4.5M | 100x | as long as short |
| BloFin EWY-USDT | +0.0667% | 8h | 190.26 | −0.032% | $47K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0759% | 4h | 190.03 | −0.152% | $426K | $281K | 20x | as long as short |
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
tradeXYZ xyz:EWY
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
edgeX EWYUSDC