Funding you earn now, next payment 09:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Popdex against Entropy+0.146%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 4 days (all we have)−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.146%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.098% dearer against Entropy than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 185.21 | 0.0050 | pay 0.0006% / 1h | 25m 27s | $140K | $119K | 25x |
| Short | Popdex EWYUSDT | 185.48 | 0.0048 | get 0.0006% / 1h | 25m 27s | $194K | $154K | 20x |
Entropy io:EWY
Popdex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$0.42
- Price spread: +0.146% → +0.047%
- $9.83
- Slippage, 4 orders
- −$50.85
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$65.84
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 31 min ago; Popdex: live order book, 8 min ago.
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 live order book, 31 min ago | 10.21 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Popdex live order book, 8 min ago | 4.85 bp | 8.2 bp −$8 | 14.6 bp −$146 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0488% | 8h | 185.45 | +0.130% | $3.1M | $2.7M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0104% | 1h | 185.22 | +0.005% | $27K | $16K | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0015% | 1h | 185.09 | −0.065% | — | $235K | 25x | as long as short |
| BloFin EWY-USDT | −0.0008% | 8h | 185.42 | +0.113% | $48K | $219K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.72 | +0.275% | $288K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.40 | +0.101% | $239K | $916K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 185.48 | +0.145% | $26.7M | $82.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 185.43 | +0.119% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.38 | +0.092% | $4.0M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.44 | +0.124% | $4.0M | $4.4M | 50x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
Vest EWY-USD-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EWY_USDT | 0.0000% | 8h | 185.46 | +0.135% | $7.4M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 185.32 | +0.059% | $1.1M | $1.0M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 185.32 | +0.060% | $726K | $418K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 185.58 | +0.200% | — | $2.3M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 185.37 | +0.086% | $3K | $15K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 185.50 | +0.157% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 185.34 | +0.070% | $1.6M | $36K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 185.16 | −0.027% | $375K | $40K | 20x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 185.48 | +0.146% | $194K | $154K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 185.32 | +0.059% | $6.0M | $15.3M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 185.21 | long leg | $140K | $119K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 185.36 | +0.081% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 185.30 | +0.049% | $737 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 185.32 | +0.059% | $233K | $333K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 185.31 | +0.053% | $22 | — | 5x | as long as short |
| edgeX EWYUSDC | +0.0069% | 4h | 185.29 | +0.045% | $415K | $285K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.26 | +0.027% | $954K | $629K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 184.80 | −0.221% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.48 | +0.146% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 185.09 | −0.065% | $513K | $249K | 20x | as long as short |
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
edgeX EWYUSDC
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX