Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.27 per $10,000 · paid last 24h −0.028%
Price spread now: Popdex against Deribit+0.042%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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Popdex is 0.042% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit EWY_USDC-PERPETUAL | 189.65 | −0.0172 | get 0.0021% / 1h | 42m 01s | $2K | $13K | 20x |
| Short | Popdex EWYUSDT | 189.73 | 0.0048 | get 0.0006% / 1h | 42m 01s | $197K | $143K | 20x |
Deribit EWY_USDC-PERPETUAL
Popdex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Deribit. 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
- $46.13
- Price spread: +0.042% → 0.000%
- $4.22
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- $36.94
- Costs to cover
- 0.134%
- Break-even
- 1.4 days
Slippage unknown: Deribit: no order-book sample; Popdex: live order book, 27 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Popdex live order book, 27 min ago | 0.52 bp | 5.9 bp −$6 | 15.1 bp −$151 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUALlong | −0.0172% | 1h | 189.65 | long leg | $2K | $13K | 20x | |
| Bybit EWYUSDT | 0.0000% | 8h | 189.84 | +0.100% | $5.2M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.75 | +0.053% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.99 | +0.178% | $751K | $385K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.77 | +0.063% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.79 | +0.074% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.74 | +0.047% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.58 | −0.037% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.92 | +0.142% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 189.73 | +0.042% | $197K | $143K | 20x |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.28 | +0.332% | $531K | $337K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.71 | +0.032% | $6.3M | $14.1M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.89 | +0.127% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.58 | −0.037% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.75 | +0.053% | $606 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.81 | +0.084% | $230K | $231K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0062% | 8h | 189.74 | +0.049% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.78 | +0.069% | $978K | $634K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.15 | +0.264% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.80 | +0.079% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0230% | 8h | 189.77 | +0.063% | $4.1M | $3.4M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0248% | 1h | 189.71 | +0.032% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | +0.0350% | 8h | 189.75 | +0.053% | $2.8M | $1.8M | 20x | as long as short |
| Aster EWYUSDT | +0.0419% | 8h | 189.83 | +0.093% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0518% | 8h | 190.19 | +0.282% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0528% | 8h | 189.76 | +0.059% | $28.4M | $77.4M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0528% | 1h | 189.69 | +0.023% | $304K | $670K | 10x | as long as short |
| MEXC EWY_USDT | +0.0531% | 8h | 189.75 | +0.053% | $7.0M | $4.1M | 100x | as long as short |
| BloFin EWY-USDT | +0.0565% | 8h | 190.43 | +0.411% | $2K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0976% | 4h | 190.18 | +0.279% | $426K | $283K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
edgeX EWYUSDC