Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.037%
Price spread now: Variational Omni against Orderly+0.050%7-day average — · you sell dearer than you buy
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 airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.050% dearer against Orderly than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_EWY_USDC_mythos | 186.94 | 0.0100 | pay 0.0100% / 8h | 7h 02m | $2K | $1K | 20x |
| Short | Variational Omni EWY | 187.03 | 0 | get 0.0000% / 8h | 7h 02m | $1.2M | $931K | — |
Orderly PERP_EWY_USDC_mythos
Variational Omni EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.050% → 0.000%
- $5.04
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.96
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 2 min ago | 2.25 bp | doesn't fit | 6.2 bp −$62 | 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 | −0.4680% | 1h | 186.84 | −0.053% | $28K | $16K | 20x | as long as short |
| Bitget EWYUSDT | −0.0362% | 8h | 187.00 | +0.032% | $3.1M | $2.8M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.79 | −0.080% | $289K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.91 | −0.016% | $237K | $907K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.93 | −0.005% | $26.8M | $82.3M | 50x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.97 | +0.016% | $4.0M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.06 | +0.064% | $4.0M | $4.7M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.96 | +0.011% | $7.5M | $4.5M | 100x | as long as short |
| Variational Omni EWYshort | 0.0000% | 8h | 187.03 | +0.050% | $1.2M | $931K | — | |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.09 | +0.082% | $734K | $412K | 10x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 186.69 | −0.134% | — | $2.1M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.08 | +0.075% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.00 | +0.032% | $1.7M | $36K | 10x | as long as short |
| BloFin EWY-USDT | +0.0005% | 8h | 186.98 | +0.021% | $48K | $223K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.84 | −0.053% | $379K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0036% | 1h | 186.96 | +0.011% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.96 | +0.011% | $196K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.77 | −0.091% | $6.0M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.83 | −0.059% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.73 | −0.112% | $4K | $4K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.99 | +0.027% | $756 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.86 | −0.043% | $235K | $310K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 187.10 | +0.084% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.79 | −0.080% | $962K | $644K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.06 | +0.064% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythoslong | +0.0100% | 8h | 186.94 | long leg | $2K | $1K | 20x | |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 186.97 | +0.016% | $519K | $238K | 20x | as long as short |
| Bybit EWYUSDT | +0.0121% | 8h | 186.94 | 0.000% | $5.0M | $4.7M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0285% | 1h | 186.97 | +0.016% | $3K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0724% | 4h | 187.02 | +0.041% | $419K | $286K | 20x | as long as short |
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
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
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC