Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.040%
Price spread now: Binance against Orderly−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.027% cheaper against Orderly 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_EWY_USDC_mythos | 186.95 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $2K | $1K | 20x |
| Short | Binance EWYUSDT | 186.90 | 0 | get 0.0000% / 8h | 7h 00m | $26.8M | $82.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- −$21
- Price spread: −0.027% → 0.000%
- −$2.67
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.67
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 12 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 0.27 bp | 5.3 bp −$5 | 7.0 bp −$70 | 18.8 bp −$1,885 | doesn't fit |
Orderly: 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-PERP | −0.4680% | 1h | 186.84 | −0.059% | $28K | $16K | 20x | as long as short |
| Bitget EWYUSDT | −0.0356% | 8h | 186.96 | +0.005% | $3.1M | $2.8M | 20x | as long as short |
| BloFin EWY-USDT | −0.0001% | 8h | 186.93 | −0.011% | $48K | $223K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.77 | −0.098% | $289K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.85 | −0.054% | $237K | $907K | 10x | as long as short |
| Binance EWYUSDTshort | 0.0000% | 8h | 186.90 | −0.027% | $26.8M | $82.3M | 50x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.95 | 0.000% | $4.0M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.04 | +0.048% | $4.0M | $4.7M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.91 | −0.021% | $7.5M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.03 | +0.045% | $1.2M | $931K | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.09 | +0.077% | $734K | $412K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.66 | −0.155% | — | $2.1M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.08 | +0.070% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.96 | +0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.77 | −0.096% | $379K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0039% | 1h | 186.91 | −0.021% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.00 | +0.027% | $196K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.79 | −0.086% | $6.0M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.84 | −0.059% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.76 | −0.102% | $4K | $4K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.95 | 0.000% | $752 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.71 | −0.128% | $235K | $309K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0061% | 8h | 187.12 | +0.089% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.80 | −0.080% | $962K | $645K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.06 | +0.059% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythoslong | +0.0100% | 8h | 186.95 | long leg | $2K | $1K | 20x | |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 186.97 | +0.011% | $519K | $237K | 20x | as long as short |
| Bybit EWYUSDT | +0.0135% | 8h | 186.98 | +0.016% | $5.0M | $4.7M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0339% | 1h | 186.92 | −0.016% | $3K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0724% | 4h | 187.02 | +0.036% | $419K | $286K | 20x | as long as short |
Binance EWYUSDT
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC