EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.009%

Price spread now: ApeX Omni against Entropy−0.089%47s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Entropy Short on ApeX Omni

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. ApeX Omni is 0.089% cheaper against Entropy than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 6.0 days of funding at the current rate (+$2 a day). The two prices were read 47 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	Entropy io:EWY	190.17	0.0050	pay 0.0006% / 1h	28m 47s	$52K	$57K	25x
Short	ApeX Omni EWYUSDT	190.00	0.0100	get 0.0013% / 1h	28m 47s	$13K	$263K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Entropy. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee EntropybpFee ApeX OmnibpOrdersPrice spread, now −0.089%Rate

Funding earned: $10.5
Price spread: −0.089% → 0.000%: −$8.94
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$26.44
Costs to cover: 0.280%
Break-even: 24.6 days

Slippage unknown: Entropy: no order-book sample; ApeX Omni: live order book, 43 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 Entropy no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 43 min ago	28.20 bp	39.8 bp −$40	198.2 bp −$1,982	doesn't fit	doesn't fit

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	190.45	+0.147%	$5.3M	$4.2M	100x	as long as short
Gate EWY_USDT	0.0000%	8h	190.36	+0.100%	$4.1M	$3.3M	50x	as long as short
GRVT EWY_USDT_Perp	0.0000%	8h	190.04	−0.066%	$752K	$384K	10x	as long as short
SunX EWY-USDT	0.0000%	8h	190.16	−0.005%	—	$2.7M	20x	as long as short
Deribit EWY_USDC-PERPETUAL	0.0000%	1h	190.21	+0.021%	$2K	$13K	20x	as long as short
HTX EWY-USDT	0.0000%	8h	190.08	−0.047%	$26K	$28K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	190.28	+0.058%	$1.7M	$38K	10x	as long as short
Lighter EWY	+0.0032%	1h	190.32	+0.079%	$380K	$54K	20x	as long as short
Vest EWY-USD-PERP	+0.0046%	1h	190.33	+0.084%	—	$220K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	190.19	+0.011%	$196K	$143K	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	190.33	+0.084%	$6.3M	$15.0M	20x	as long as short
Entropy io:EWYlong	+0.0050%	1h	190.17	long leg	$52K	$57K	25x
Polymarket Perps EWY-USD	+0.0050%	1h	190.01	−0.084%	$4K	$126	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	190.18	+0.005%	$424	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	189.93	−0.126%	$229K	$232K	10x	as long as short
Paradex EWY-USD-PERP	+0.0084%	8h	190.41	+0.127%	$23	—	5x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	190.17	0.000%	$980K	$667K	20x	as long as short
ApeX Omni EWYUSDTshort	+0.0100%	1h	190.00	−0.089%	$13K	$263K	50x
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	190.24	+0.037%	$2K	$1K	20x	as long as short
Coinbase International EWY-PERP-INTX	+0.0144%	1h	189.77	−0.210%	$530K	$338K	20x	as long as short
OKX EWY-USDT-SWAP	+0.0300%	8h	190.49	+0.168%	$4.1M	$3.6M	50x	as long as short
Bitget EWYUSDT	+0.0324%	8h	190.42	+0.131%	$2.7M	$1.6M	20x	as long as short
Hotstuff EWY-PERP	+0.0360%	1h	190.14	−0.016%	$29K	$12K	20x	as long as short
Aster EWYUSDT	+0.0499%	8h	190.40	+0.122%	$295K	$12K	20x	as long as short
Variational Omni EWY	+0.0597%	8h	190.06	−0.060%	$1.2M	$1.1M	—	as long as short
Extended EWY_24_5-USD	+0.0616%	1h	190.39	+0.114%	$302K	$717K	10x	as long as short
Binance EWYUSDT	+0.0617%	8h	190.43	+0.137%	$28.6M	$77.9M	50x	as long as short
MEXC EWY_USDT	+0.0618%	8h	190.41	+0.126%	$7.5M	$4.5M	100x	as long as short
BloFin EWY-USDT	+0.0624%	8h	190.24	+0.037%	$47K	$214K	50x	as long as short
edgeX EWYUSDC	+0.0746%	4h	190.05	−0.063%	$426K	$283K	20x	as long as short