Funding you earn now, next payment 02:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.555%
Price spread now: Hotstuff against OKX−0.173%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Hotstuff is 0.173% cheaper against OKX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWY-USDT-SWAP | 190.29 | 0.0162 | pay 0.0162% / 8h | 6h 02m | $4.1M | $3.5M | 50x |
| Short | Hotstuff EWY-PERP | 189.96 | 0.0120 | get 0.0015% / 1h | 2m 15s | $28K | $12K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against OKX. 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
- −$8.76
- Price spread: −0.173% → 0.000%
- −$17.34
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$41.1
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.26 bp | 8.1 bp −$8 | 11.5 bp −$115 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.27 | −0.011% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.28 | −0.005% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.91 | −0.202% | $751K | $390K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.23 | −0.032% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.00 | −0.152% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.18 | −0.058% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.02 | −0.142% | $385K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.31 | +0.011% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.19 | −0.053% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.56 | −0.384% | $529K | $322K | 20x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.18 | −0.058% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.93 | −0.189% | $51K | $57K | 25x | as long as short |
| Bitget EWYUSDT | +0.0050% | 8h | 190.22 | −0.037% | $2.7M | $2.0M | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.02 | −0.142% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.17 | −0.063% | $739 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.90 | −0.205% | $197K | $274K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0062% | 8h | 190.17 | −0.064% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0065% | 1h | 190.28 | −0.005% | $2K | $13K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.06 | −0.121% | $979K | $628K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.83 | −0.242% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.26 | −0.016% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERPshort | +0.0120% | 1h | 189.96 | −0.173% | $28K | $12K | 20x | |
| OKX EWY-USDT-SWAPlong | +0.0162% | 8h | 190.29 | long leg | $4.1M | $3.5M | 50x | |
| Aster EWYUSDT | +0.0303% | 8h | 190.20 | −0.045% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0370% | 8h | 189.94 | −0.183% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0391% | 8h | 190.34 | +0.024% | $28.4M | $77.3M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0392% | 1h | 190.29 | −0.001% | $302K | $665K | 10x | as long as short |
| MEXC EWY_USDT | +0.0394% | 8h | 190.21 | −0.042% | $7.0M | $4.3M | 100x | as long as short |
| edgeX EWYUSDC | +0.0867% | 4h | 189.87 | −0.220% | $425K | $283K | 20x | as long as short |
OKX EWY-USDT-SWAP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Bitget EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
edgeX EWYUSDC