Funding you earn now, next payment 01:00 UTC−0.0462%/8h= −50.6% APRpaid last 24h −0.075%
Price spread now: Entropy against edgeX+0.051%48s7-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
=The price spread pays, funding is against you. Entropy is 0.051% dearer against edgeX than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 48 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 | edgeX EWYUSDC | 189.62 | 0.0512 | pay 0.0256% / 4h | 3h 54m | $425K | $281K | 20x |
| Short | Entropy io:EWY | 189.72 | 0.0050 | get 0.0006% / 1h | 54m 36s | $51K | $57K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against edgeX. 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
- −$96.95
- Price spread: +0.051% → 0.000%
- $5.07
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$118.87
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 19 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 edgeX live order book, 19 min ago | 5.54 bp | 10.4 bp −$10 | 15.1 bp −$151 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.93 | +0.161% | $4.1M | $3.2M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.68 | +0.028% | $750K | $381K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.88 | +0.135% | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.81 | +0.098% | $37K | $8K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.85 | +0.119% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.85 | +0.119% | $378K | $53K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.94 | +0.167% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.94 | +0.167% | $196K | $143K | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 189.72 | +0.051% | $51K | $57K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.75 | +0.067% | $4K | $117 | 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 | 189.85 | +0.119% | $780 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.76 | +0.072% | $241K | $215K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.87 | +0.130% | $978K | $679K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.61 | −0.007% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.79 | +0.088% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0112% | 8h | 190.00 | +0.200% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0119% | 1h | 189.80 | +0.093% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.15 | −0.250% | $528K | $339K | 20x | as long as short |
| Bybit EWYUSDT | +0.0204% | 8h | 190.00 | +0.198% | $5.3M | $4.2M | 100x | as long as short |
| Bitget EWYUSDT | +0.0239% | 8h | 189.96 | +0.177% | $2.7M | $1.6M | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0254% | 1h | 189.80 | +0.093% | $6.5M | $14.3M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0337% | 8h | 189.99 | +0.193% | $4.1M | $4.0M | 50x | as long as short |
| edgeX EWYUSDClong | +0.0512% | 4h | 189.62 | long leg | $425K | $281K | 20x | |
| Aster EWYUSDT | +0.0564% | 8h | 189.99 | +0.192% | $295K | $12K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0664% | 1h | 189.78 | +0.082% | $28K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0665% | 8h | 189.80 | +0.093% | $1.2M | $1.3M | — | as long as short |
| Binance EWYUSDT | +0.0694% | 8h | 189.98 | +0.187% | $28.6M | $79.8M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0696% | 1h | 189.95 | +0.170% | $299K | $390K | 10x | as long as short |
| MEXC EWY_USDT | +0.0697% | 8h | 189.95 | +0.172% | $7.5M | $4.4M | 100x | as long as short |
| BloFin EWY-USDT | +0.0702% | 8h | 189.99 | +0.193% | $47K | $214K | 50x | as long as short |
edgeX EWYUSDC
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Bitget EWYUSDT
tradeXYZ xyz:EWY
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT