EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.003%

Price spread now: Polymarket Perps against Entropy−0.053%7-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 Polymarket Perps

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Polymarket Perps is 0.053% cheaper against Entropy than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:EWY	190.01	0.0017	pay 0.0002% / 1h	59m 16s	$52K	$57K	25x
Short	Polymarket Perps EWY-USD	189.91	0.0050	get 0.0006% / 1h	59m 16s	$4K	$126	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.053%Rate

Funding earned: $6.87
Price spread: −0.053% → 0.000%: −$5.26
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$24.39
Costs to cover: 0.260%
Break-even: 31.8 days

Slippage unknown: Entropy: no order-book sample; Polymarket Perps: 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 Polymarket Perps no order-book sample	—	—	—	—	—

Entropy and Polymarket Perps: 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 29 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
Deribit EWY_USDC-PERPETUAL	−0.0118%	1h	190.05	+0.021%	$2K	$13K	20x	as long as short
Bybit EWYUSDT	0.0000%	8h	190.19	+0.095%	$5.1M	$4.4M	100x	as long as short
Gate EWY_USDT	0.0000%	8h	190.09	+0.042%	$4.0M	$3.6M	50x	as long as short
GRVT EWY_USDT_Perp	0.0000%	8h	190.12	+0.059%	$751K	$390K	10x	as long as short
SunX EWY-USDT	0.0000%	8h	190.14	+0.068%	—	$2.5M	20x	as long as short
Coinbase International EWY-PERP-INTX	0.0000%	1h	189.56	−0.237%	$529K	$321K	20x	as long as short
HTX EWY-USDT	0.0000%	8h	190.00	−0.005%	$22K	$36K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	190.22	+0.111%	$1.7M	$38K	10x	as long as short
Entropy io:EWYlong	+0.0017%	1h	190.01	long leg	$52K	$57K	25x
Lighter EWY	+0.0032%	1h	190.09	+0.042%	$385K	$39K	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest EWY-USD-PERP	+0.0046%	1h	190.27	+0.137%	—	$220K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	190.08	+0.037%	$197K	$146K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	190.04	+0.016%	$6.1M	$14.0M	20x	as long as short
Polymarket Perps EWY-USDshort	+0.0050%	1h	189.91	−0.053%	$4K	$126	20x
SoDEX EWY-USD	+0.0050%	1h	190.16	+0.079%	$739	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	190.08	+0.037%	$197K	$275K	10x	as long as short
Bitget EWYUSDT	+0.0054%	8h	190.11	+0.053%	$2.7M	$2.0M	20x	as long as short
Paradex EWY-USD-PERP	+0.0061%	8h	190.08	+0.036%	$23	—	5x	as long as short
Hotstuff EWY-PERP	+0.0096%	1h	189.99	−0.011%	$28K	$12K	20x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	189.99	−0.011%	$978K	$626K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	190.18	+0.089%	$13K	$264K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	190.16	+0.079%	$2K	$1K	20x	as long as short
OKX EWY-USDT-SWAP	+0.0153%	8h	190.23	+0.116%	$4.1M	$3.5M	50x	as long as short
edgeX EWYUSDC	+0.0155%	4h	190.12	+0.056%	$426K	$284K	20x	as long as short
Aster EWYUSDT	+0.0293%	8h	190.21	+0.104%	$295K	$12K	20x	as long as short
Variational Omni EWY	+0.0358%	8h	190.12	+0.059%	$1.2M	$1.1M	—	as long as short
Extended EWY_24_5-USD	+0.0376%	1h	190.17	+0.086%	$302K	$665K	10x	as long as short
Binance EWYUSDT	+0.0379%	8h	190.17	+0.084%	$28.4M	$77.2M	50x	as long as short
MEXC EWY_USDT	+0.0380%	8h	190.08	+0.037%	$7.0M	$4.1M	100x	as long as short