Funding you earn now, next payment 03:00 UTC+0.0226%/8h= +24.7% APRnext payment +$0.28 per $10,000 · paid last 24h +0.026%
Price spread now: Deribit against Entropy+0.032%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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Deribit is 0.032% dearer against Entropy than usual: you sell high and buy low: +$3 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 | Entropy io:EWY | 190.27 | 0.0050 | pay 0.0006% / 1h | 12m 20s | $51K | $56K | 25x |
| Short | Deribit EWY_USDC-PERPETUAL | 190.33 | 0.0276 | get 0.0034% / 1h | 12m 20s | $2K | $13K | 20x |
Entropy io:EWY
Deribit EWY_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $47.39
- Price spread: +0.032% → 0.000%
- $3.15
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $25.55
- Costs to cover
- 0.250%
- Break-even
- 3.2 days
Slippage unknown: Entropy: no order-book sample; Deribit: 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 Entropy no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Entropy and 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0248% | 1h | 190.41 | +0.074% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.49 | +0.116% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.43 | +0.084% | $4.1M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.53 | +0.138% | $753K | $392K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.26 | −0.005% | — | $2.5M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.49 | +0.116% | $531K | $315K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.54 | +0.142% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.42 | +0.079% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.22 | −0.026% | $386K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.55 | +0.147% | — | $220K | 25x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Coinbase International EWY-PERP-INTX
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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.45 | +0.095% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.36 | +0.047% | $6.1M | $13.9M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 190.27 | long leg | $51K | $56K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.26 | −0.005% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.43 | +0.084% | $748 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.33 | +0.032% | $201K | $268K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 190.39 | +0.063% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0074% | 8h | 190.43 | +0.084% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.36 | +0.047% | $981K | $628K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.55 | +0.147% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.39 | +0.063% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0103% | 8h | 190.44 | +0.089% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0169% | 8h | 190.36 | +0.046% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0213% | 8h | 190.46 | +0.099% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0240% | 1h | 190.35 | +0.043% | $302K | $665K | 10x | as long as short |
| BloFin EWY-USDT | +0.0241% | 8h | 190.54 | +0.142% | $48K | $214K | 50x | as long as short |
| Binance EWYUSDT | +0.0243% | 8h | 190.40 | +0.067% | $28.4M | $76.8M | 50x | as long as short |
| MEXC EWY_USDT | +0.0243% | 8h | 190.41 | +0.074% | $6.5M | $4.2M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUALshort | +0.0276% | 1h | 190.33 | +0.032% | $2K | $13K | 20x | |
| edgeX EWYUSDC | +0.0574% | 4h | 190.45 | +0.097% | $427K | $284K | 20x | as long as short |
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
BloFin EWY-USDT
Binance EWYUSDT
MEXC EWY_USDT
edgeX EWYUSDC