Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.052%
Price spread now: Binance against Entropy+0.116%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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. Binance is 0.116% dearer against Entropy than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 188.94 | 0.0050 | pay 0.0006% / 1h | 53m 11s | $65K | $81K | 25x |
| Short | Binance EWYUSDT | 189.16 | 0 | get 0.0000% / 8h | 2h 53m | $27.5M | $78.2M | 50x |
Entropy io:EWY
Binance EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Entropy. 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
- −$10.5
- Price spread: +0.116% → 0.000%
- $11.57
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.93
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Entropy: no order-book sample; Binance: live order book, 4 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 Binance live order book, 4 min ago | 0.26 bp | 5.5 bp −$5 | 7.0 bp −$70 | 21.8 bp −$2,184 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | 0.0000% | 8h | 189.15 | +0.114% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 189.09 | +0.078% | $299K | $425K | 10x | as long as short |
| Binance EWYUSDTshort | 0.0000% | 8h | 189.16 | +0.116% | $27.5M | $78.2M | 50x | |
| Bybit EWYUSDT | 0.0000% | 8h | 189.17 | +0.122% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.13 | +0.101% | $4.2M | $4.1M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.18 | +0.127% | $4.1M | $3.9M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 189.14 | +0.106% | $6.2M | $3.7M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.16 | +0.116% | $2.7M | $2.2M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 189.10 | +0.086% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.02 | +0.040% | $747K | $407K | 10x | as long as short |
Aster EWYUSDT
Extended EWY_24_5-USD
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 189.06 | +0.064% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.86 | −0.042% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.17 | +0.122% | $1.7M | $37K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0014% | 1h | 189.10 | +0.085% | $2K | $14K | 20x | as long as short |
| BloFin EWY-USDT | +0.0028% | 8h | 189.11 | +0.090% | $48K | $216K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.97 | +0.016% | $383K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 188.40 | −0.286% | $524K | $290K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.16 | +0.116% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.19 | +0.132% | $197K | $148K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.04 | +0.053% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 188.94 | long leg | $65K | $81K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.98 | +0.021% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.10 | +0.085% | $732 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.92 | −0.011% | $202K | $305K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0051% | 8h | 189.19 | +0.131% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.93 | −0.005% | $973K | $610K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.93 | −0.005% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.13 | +0.101% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0144% | 1h | 189.02 | +0.042% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0229% | 4h | 188.99 | +0.025% | $424K | $284K | 20x | as long as short |
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
BloFin EWY-USDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz: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
Hotstuff EWY-PERP
edgeX EWYUSDC