Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.2% APRpaid last 24h −0.014%
Price spread now: SoDEX against Bybit−0.042%46s7-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 −$4 a day on $10k at the current rate, and SoDEX is 0.042% cheaper against Bybit than usual: you would sell low and buy high (−$4 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 | Bybit EWYUSDT | 189.98 | 0.0170 | pay 0.0170% / 8h | 17m 28s | $5.3M | $4.2M | 100x |
| Short | SoDEX EWY-USD | 189.90 | 0.0050 | get 0.0006% / 1h | 17m 28s | $778 | $3K | 10x |
Bybit EWYUSDT
SoDEX EWY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$25.24
- Price spread: −0.042% → 0.000%
- −$4.21
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$48.45
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; SoDEX: 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 | 8.2 bp −$8 | 12.6 bp −$126 | 161.4 bp −$16.1K | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.93 | −0.026% | $3.6M | $3.0M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.55 | −0.226% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.92 | −0.032% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.80 | −0.095% | $377K | $62K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.95 | −0.016% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.92 | −0.032% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.74 | −0.126% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.74 | −0.126% | $4K | $81 | 20x | as long as short |
| SoDEX EWY-USDshort | +0.0050% | 1h | 189.90 | −0.042% | $778 | $3K | 10x | |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.73 | −0.132% | $243K | $207K | 10x | as long as short |
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
Ondo Perps EWY-USD.PShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.70 | −0.147% | $966K | $688K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.86 | −0.063% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.86 | −0.063% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0138% | 8h | 190.04 | +0.032% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.79 | −0.100% | $528K | $341K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0153% | 1h | 189.88 | −0.053% | $6.7M | $14.7M | 20x | as long as short |
| Bybit EWYUSDTlong | +0.0170% | 8h | 189.98 | long leg | $5.3M | $4.2M | 100x | |
| HTX EWY-USDT | +0.0221% | 8h | 189.99 | +0.005% | $36K | $8K | 20x | as long as short |
| Bitget EWYUSDT | +0.0224% | 8h | 189.97 | −0.005% | $2.6M | $1.5M | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0232% | 1h | 189.88 | −0.053% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0306% | 4h | 189.83 | −0.081% | $425K | $276K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0325% | 8h | 189.96 | −0.011% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0488% | 1h | 189.96 | −0.011% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0562% | 8h | 189.76 | −0.115% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0645% | 8h | 189.77 | −0.111% | $1.5M | $991K | — | as long as short |
| GRVT EWY_USDT_Perp | +0.0656% | 8h | 189.91 | −0.037% | $751K | $395K | 10x | as long as short |
| BloFin EWY-USDT | +0.0676% | 8h | 189.86 | −0.063% | $47K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0680% | 1h | 189.89 | −0.045% | $298K | $396K | 10x | as long as short |
| MEXC EWY_USDT | +0.0682% | 8h | 189.91 | −0.037% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0687% | 8h | 189.92 | −0.030% | $28.6M | $79.7M | 50x | as long as short |
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
HTX EWY-USDT
Bitget EWYUSDT
Hotstuff EWY-PERP
edgeX EWYUSDC
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_Perp
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
Binance EWYUSDT