Funding you earn now, next payment 23:00 UTC−0.0520%/8h= −56.9% APRpaid last 24h +0.491%
Price spread now: Phemex against Hotstuff+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff EWY-PERP | 189.13 | 0.0520 | pay 0.0065% / 1h | 15m 49s | $28K | $12K | 20x |
| Short | Phemex EWYUSDT | 189.15 | 0 | get 0.0000% / 8h | 1h 15m | $1.7M | $37K | 10x |
Hotstuff EWY-PERP
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Hotstuff. 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
- −$109.2
- Price spread: +0.011% → 0.000%
- $1.06
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$125.14
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Phemex: live order book, 2 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 0.79 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.18 | +0.026% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.12 | −0.005% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 189.15 | +0.011% | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 189.08 | −0.026% | $376K | $96K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.21 | +0.042% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.15 | +0.011% | $194K | $138K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.03 | −0.053% | $4K | $59 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.15 | +0.011% | $785 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.07 | −0.032% | $221K | $181K | 10x | as long as short |
| Entropy io:EWY | +0.0057% | 1h | 189.20 | +0.037% | $51K | $42K | 25x | as long as short |
Gate EWY_USDT
SunX EWY-USDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Entropy io:EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0061% | 1h | 189.15 | +0.011% | $6.4M | $14.8M | 20x | as long as short |
| Bybit EWYUSDT | +0.0068% | 8h | 189.27 | +0.074% | $5.2M | $4.1M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.16 | +0.016% | $963K | $727K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.30 | +0.090% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.13 | 0.000% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.13 | 0.000% | $525K | $332K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0156% | 8h | 189.20 | +0.037% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0173% | 1h | 189.16 | +0.016% | $2K | $13K | 20x | as long as short |
| Bitget EWYUSDT | +0.0186% | 8h | 189.21 | +0.042% | $2.5M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0231% | 8h | 189.35 | +0.116% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0240% | 8h | 189.21 | +0.042% | $4.0M | $4.0M | 50x | as long as short |
| Aster EWYUSDT | +0.0511% | 8h | 189.26 | +0.067% | $293K | $12K | 20x | as long as short |
| Hotstuff EWY-PERPlong | +0.0520% | 1h | 189.13 | long leg | $28K | $12K | 20x | |
| edgeX EWYUSDC | +0.0552% | 4h | 189.29 | +0.084% | $424K | $275K | 20x | as long as short |
| Variational Omni EWY | +0.0563% | 8h | 189.28 | +0.080% | $1.4M | $889K | — | as long as short |
| Extended EWY_24_5-USD | +0.0616% | 1h | 189.14 | +0.003% | $304K | $392K | 10x | as long as short |
| Binance EWYUSDT | +0.0617% | 8h | 189.17 | +0.022% | $28.5M | $79.4M | 50x | as long as short |
| MEXC EWY_USDT | +0.0620% | 8h | 189.16 | +0.016% | $7.5M | $4.5M | 100x | as long as short |
| BloFin EWY-USDT | +0.0650% | 8h | 189.14 | +0.005% | $47K | $214K | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0690% | 8h | 189.30 | +0.088% | $749K | $400K | 10x | as long as short |
tradeXYZ xyz:EWY
Bybit EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
BloFin EWY-USDT
GRVT EWY_USDT_Perp