Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.012%
Price spread now: Bybit against Orderly−0.037%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 Bybit is 0.037% cheaper against Orderly than usual: you would sell low and buy high (−$4 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 | 190.03 | 0.0100 | pay 0.0100% / 8h | 3h 50m | $2K | $1K | 20x |
| Short | Bybit EWYUSDT | 189.96 | 0 | get 0.0000% / 8h | 3h 50m | $5.1M | $4.2M | 100x |
Orderly PERP_EWY_USDC_mythos
Bybit EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.037% → 0.000%
- −$3.68
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$41.68
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 0.53 bp | 8.1 bp −$8 | 11.7 bp −$117 | doesn't fit | 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 | −0.0096% | 1h | 189.91 | −0.063% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 190.03 | 0.000% | $295K | $12K | 20x | as long as short |
| Bybit EWYUSDTshort | 0.0000% | 8h | 189.96 | −0.037% | $5.1M | $4.2M | 100x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.88 | −0.079% | $4.1M | $3.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.91 | −0.063% | $4.2M | $3.8M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.96 | −0.037% | $2.7M | $2.0M | 20x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.04 | +0.007% | $752K | $396K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.90 | −0.068% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.08 | +0.026% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.00 | −0.016% | $1.7M | $37K | 10x | as long as short |
Hotstuff EWY-PERP
Aster EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Bitget EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | +0.0006% | 8h | 190.00 | −0.015% | $1.2M | $1.1M | — | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.81 | −0.116% | $384K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.05 | +0.011% | — | $220K | 25x | as long as short |
| Extended EWY_24_5-USD | +0.0048% | 1h | 189.88 | −0.078% | $301K | $669K | 10x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.06 | +0.016% | $198K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.83 | −0.105% | $530K | $293K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.90 | −0.068% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.93 | −0.053% | $30K | $65K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.87 | −0.084% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.99 | −0.021% | $747 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.87 | −0.084% | $198K | $267K | 10x | as long as short |
| Binance EWYUSDT | +0.0052% | 8h | 189.92 | −0.058% | $27.7M | $76.4M | 50x | as long as short |
| BloFin EWY-USDT | +0.0052% | 8h | 190.02 | −0.005% | $48K | $213K | 50x | as long as short |
| MEXC EWY_USDT | +0.0052% | 8h | 189.94 | −0.047% | $6.2M | $3.8M | 100x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 190.05 | +0.009% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.91 | −0.063% | $977K | $613K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.06 | +0.016% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythoslong | +0.0100% | 8h | 190.03 | long leg | $2K | $1K | 20x | |
| edgeX EWYUSDC | +0.0307% | 4h | 190.03 | −0.001% | $426K | $284K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0435% | 1h | 189.96 | −0.037% | $2K | $13K | 20x | as long as short |
Variational Omni EWY
Lighter EWY
Vest EWY-USD-PERP
Extended EWY_24_5-USD
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Binance EWYUSDT
BloFin EWY-USDT
MEXC EWY_USDT
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
edgeX EWYUSDC
Deribit EWY_USDC-PERPETUAL