Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: Gate against Entropy+0.121%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. Gate is 0.121% dearer against Entropy than usual: you sell high and buy low (spread +0.121% 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 8.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 190.06 | 0.0050 | pay 0.0006% / 1h | 37m 02s | $52K | $57K | 25x |
| Short | Gate EWY_USDT | 190.29 | 0 | get 0.0000% / 8h | 5h 37m | $4.0M | $3.7M | 50x |
Entropy io:EWY
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.121% → 0.000%
- $12.1
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.4
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage unknown: Entropy: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 2.89 bp | 12.5 bp −$12 | 25.8 bp −$258 | 46.1 bp −$4,606 | 80.4 bp −$40.2K |
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 | 190.40 | +0.179% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 190.29 | +0.121% | $4.0M | $3.7M | 50x | |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.20 | +0.073% | $752K | $390K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.17 | +0.058% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.22 | +0.084% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.19 | +0.068% | $530K | $315K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.16 | +0.053% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.33 | +0.142% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.18 | +0.063% | $385K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.37 | +0.163% | — | $220K | 25x | as long as short |
Bybit EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
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 | 190.27 | +0.110% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.27 | +0.110% | $6.1M | $13.9M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 190.06 | long leg | $52K | $57K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.14 | +0.042% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.25 | +0.100% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.05 | −0.005% | $197K | $276K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0057% | 8h | 190.23 | +0.090% | $23 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0064% | 1h | 190.10 | +0.021% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | +0.0066% | 8h | 190.38 | +0.168% | $2.7M | $1.9M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.28 | +0.116% | $981K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.32 | +0.137% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.30 | +0.126% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0122% | 8h | 190.43 | +0.195% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0232% | 8h | 190.33 | +0.142% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0287% | 8h | 190.06 | −0.001% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0308% | 8h | 190.36 | +0.157% | $28.4M | $77.0M | 50x | as long as short |
| MEXC EWY_USDT | +0.0310% | 8h | 190.36 | +0.158% | $6.5M | $4.2M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0312% | 1h | 190.30 | +0.125% | $302K | $665K | 10x | as long as short |
| BloFin EWY-USDT | +0.0313% | 8h | 190.35 | +0.153% | $48K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0671% | 4h | 190.09 | +0.014% | $426K | $282K | 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
Hotstuff EWY-PERP
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
MEXC EWY_USDT
Extended EWY_24_5-USD
BloFin EWY-USDT
edgeX EWYUSDC