Funding you earn now, next payment 04:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h +0.035%
Price spread now: Extended against Entropy+0.074%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
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.074% dearer against Entropy than usual: you sell high and buy low: +$7 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 | 190.67 | 0.0050 | pay 0.0006% / 1h | 22m 47s | $30K | $67K | 25x |
| Short | Extended EWY_24_5-USD | 190.81 | 0.0128 | get 0.0016% / 1h | 22m 47s | $301K | $672K | 10x |
Entropy io:EWY
Extended EWY_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $16.38
- Price spread: +0.074% → 0.000%
- $7.35
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $0.73
- Costs to cover
- 0.230%
- Break-even
- 6.7 days
Slippage unknown: Entropy: no order-book sample; Extended: live order book, 35 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 Extended live order book, 35 min ago | 0.03 bp | 2.8 bp −$3 | 5.7 bp −$57 | 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 | 190.88 | +0.110% | $5.2M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.84 | +0.089% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.70 | +0.014% | $754K | $394K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.70 | +0.016% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.69 | +0.010% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.79 | +0.063% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.74 | +0.037% | $387K | $39K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 190.57 | −0.052% | $531K | $302K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0040% | 8h | 190.83 | +0.084% | $4.2M | $3.3M | 50x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.94 | +0.142% | — | $220K | 25x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
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 | 190.78 | +0.058% | $198K | $146K | 20x | as long as short |
| Bitget EWYUSDT | +0.0049% | 8h | 190.84 | +0.089% | $2.7M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.75 | +0.042% | $6.2M | $14.0M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 190.67 | long leg | $30K | $67K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.58 | −0.047% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.73 | +0.031% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.65 | −0.010% | $201K | $266K | 10x | as long as short |
| Aster EWYUSDT | +0.0052% | 8h | 190.85 | +0.093% | $296K | $12K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 190.79 | +0.062% | $23 | — | 5x | as long as short |
| Variational Omni EWY | +0.0094% | 8h | 190.62 | −0.026% | $1.2M | $1.1M | — | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.72 | +0.026% | $983K | $623K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.59 | −0.042% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.76 | +0.047% | $2K | $1K | 20x | as long as short |
| Extended EWY_24_5-USDshort | +0.0128% | 1h | 190.81 | +0.074% | $301K | $672K | 10x | |
| Binance EWYUSDT | +0.0129% | 8h | 190.85 | +0.095% | $28.2M | $76.4M | 50x | as long as short |
| MEXC EWY_USDT | +0.0131% | 8h | 190.83 | +0.084% | $6.5M | $3.9M | 100x | as long as short |
| BloFin EWY-USDT | +0.0134% | 8h | 190.71 | +0.021% | $48K | $214K | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0170% | 1h | 190.75 | +0.042% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0220% | 4h | 190.64 | −0.016% | $427K | $283K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0336% | 1h | 190.61 | −0.031% | $29K | $12K | 20x | as long as short |
Popdex EWYUSDT
Bitget EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Aster EWYUSDT
Paradex EWY-USD-PERP
Variational Omni EWY
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Binance EWYUSDT
MEXC EWY_USDT
BloFin EWY-USDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC
Hotstuff EWY-PERP