Funding you earn now, next payment 00:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: Entropy against Coinbase International+0.163%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Entropy is 0.163% dearer against Coinbase International than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 189.77 | 0.0144 | pay 0.0018% / 1h | 34m 51s | $530K | $338K | 20x |
| Short | Entropy io:EWY | 190.08 | 0.0050 | get 0.0006% / 1h | 34m 51s | $52K | $58K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Coinbase International. 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
- −$19.74
- Price spread: +0.163% → 0.000%
- $16.34
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$31.4
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 38 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 Coinbase International live order book, 38 min ago | 2.90 bp | 7.9 bp −$8 | 12.8 bp −$128 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.04 | +0.142% | $5.2M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.98 | +0.111% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.21 | +0.232% | $753K | $387K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.15 | +0.200% | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.23 | +0.242% | $26K | $28K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.04 | +0.142% | $1.7M | $38K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0013% | 1h | 190.06 | +0.153% | $2K | $13K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.93 | +0.084% | $379K | $54K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.31 | +0.285% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.09 | +0.169% | $195K | $141K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.93 | +0.084% | $6.3M | $14.9M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 190.08 | +0.163% | $52K | $58K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.90 | +0.069% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.07 | +0.158% | $401 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.03 | +0.137% | $229K | $231K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0090% | 8h | 190.11 | +0.179% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.95 | +0.095% | $979K | $671K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.18 | +0.216% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.13 | +0.190% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0144% | 1h | 189.77 | long leg | $530K | $338K | 20x | |
| OKX EWY-USDT-SWAP | +0.0313% | 8h | 189.99 | +0.116% | $4.1M | $3.6M | 50x | as long as short |
| Bitget EWYUSDT | +0.0319% | 8h | 189.95 | +0.095% | $2.7M | $1.6M | 20x | as long as short |
| Aster EWYUSDT | +0.0520% | 8h | 190.18 | +0.215% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0618% | 8h | 190.12 | +0.182% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0646% | 8h | 190.02 | +0.130% | $28.6M | $78.1M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0648% | 1h | 190.02 | +0.131% | $299K | $690K | 10x | as long as short |
| MEXC EWY_USDT | +0.0649% | 8h | 189.99 | +0.116% | $7.5M | $4.5M | 100x | as long as short |
| BloFin EWY-USDT | +0.0665% | 8h | 190.10 | +0.174% | $47K | $214K | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0688% | 1h | 190.08 | +0.163% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0700% | 4h | 190.18 | +0.214% | $426K | $282K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
edgeX EWYUSDC