Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.593%
Price spread now: Hotstuff against GRVT−0.033%57s7-day average — · you buy dearer than you sell
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—+ Points / potential airdropGRVT: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Hotstuff is 0.033% cheaper against GRVT than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT EWY_USDT_Perp | 188.01 | 0 | get 0.0000% / 8h | 2h 35m | $743K | $415K | 10x |
| Short | Hotstuff EWY-PERP | 187.95 | −0.0032 | pay 0.0004% / 1h | 35m 45s | $28K | $12K | 20x |
GRVT EWY_USDT_Perp
Hotstuff EWY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against GRVT. 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
- −$6.72
- Price spread: −0.033% → 0.000%
- −$3.27
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$23.99
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 12 min ago; Hotstuff: 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 GRVT live order book, 12 min ago | 1.85 bp | 6.4 bp −$6 | 11.4 bp −$114 | 2584.8 bp −$258.5K | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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-PERPshort | −0.0032% | 1h | 187.95 | −0.033% | $28K | $12K | 20x | |
| Deribit EWY_USDC-PERPETUAL | −0.0016% | 1h | 187.90 | −0.059% | $2K | $14K | 20x | as long as short |
| BloFin EWY-USDT | −0.0001% | 8h | 188.24 | +0.121% | $48K | $215K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.07 | +0.032% | $292K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.01 | +0.001% | $231K | $491K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.06 | +0.028% | $27.3M | $78.8M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.11 | +0.052% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.09 | +0.042% | $4.1M | $4.2M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.08 | +0.036% | $4.1M | $4.1M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.12 | +0.058% | $6.1M | $3.8M | 100x | as long as short |
Deribit EWY_USDC-PERPETUAL
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | 0.0000% | 8h | 188.11 | +0.052% | $2.7M | $2.3M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.00 | −0.008% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perplong | 0.0000% | 8h | 188.01 | long leg | $743K | $415K | 10x | |
| SunX EWY-USDT | 0.0000% | 8h | 188.02 | +0.004% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.06 | +0.026% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.09 | +0.042% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.95 | −0.033% | $381K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 188.04 | +0.015% | $523K | $283K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.85 | −0.086% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.07 | +0.031% | $196K | $148K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.97 | −0.022% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.06 | +0.026% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.82 | −0.102% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.98 | −0.017% | $730 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.97 | −0.022% | $215K | $316K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0052% | 8h | 188.05 | +0.020% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.03 | +0.010% | $968K | $606K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.98 | −0.017% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.00 | −0.006% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0254% | 4h | 187.96 | −0.026% | $421K | $284K | 20x | as long as short |
Bitget EWYUSDT
Variational Omni EWY
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC