Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.005%
Price spread now: Entropy against Paradex−0.086%7-day average — · you buy dearer than you sell
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Entropy is 0.086% cheaper against Paradex than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex EWY-USD-PERP | 188.60 | 0.0054 | pay 0.0054% / 8h | 5h 07m | $23 | — | 5x |
| Short | Entropy io:EWY | 188.44 | 0.0050 | get 0.0006% / 1h | 7m 31s | $143K | $118K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Paradex. 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
- −$0.93
- Price spread: −0.086% → 0.000%
- −$8.64
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$31.57
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Entropy: live order book, 30 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 30 min ago | 5.04 bp | 16.0 bp −$16 | 94.3 bp −$943 | doesn't fit | doesn't fit |
Paradex: 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 exchanges
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 | −8.0000% | 1h | 188.47 | −0.070% | $27K | $18K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.52 | −0.044% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.46 | −0.076% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.51 | −0.049% | $3.2M | $3.2M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.19 | −0.219% | — | $1.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.48 | −0.065% | $1.7M | $37K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0015% | 1h | 188.48 | −0.065% | $3K | $11K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.39 | −0.113% | $382K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.58 | −0.012% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.51 | −0.049% | $201K | $166K | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.39 | −0.113% | $5.9M | $14.8M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 188.44 | −0.086% | $143K | $118K | 25x | |
| SoDEX EWY-USD | +0.0050% | 1h | 188.48 | −0.065% | $777 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.28 | −0.171% | $225K | $315K | 10x | as long as short |
| Paradex EWY-USD-PERPlong | +0.0054% | 8h | 188.60 | long leg | $23 | — | 5x | |
| Gate EWY_USDT | +0.0079% | 8h | 188.59 | −0.007% | $3.9M | $4.9M | 50x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0088% | 1h | 188.08 | −0.277% | $523K | $254K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.38 | −0.118% | $970K | $733K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.50 | −0.055% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.50 | −0.055% | $2K | $1K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0194% | 1h | 188.64 | +0.020% | $4K | $7K | 20x | as long as short |
| Aster EWYUSDT | +0.0322% | 8h | 188.40 | −0.107% | $292K | $14K | 20x | as long as short |
| Variational Omni EWY | +0.0384% | 8h | 188.33 | −0.146% | $1.1M | $941K | — | as long as short |
| BloFin EWY-USDT | +0.0389% | 8h | 188.47 | −0.070% | $48K | $244K | 50x | as long as short |
| MEXC EWY_USDT | +0.0420% | 8h | 188.49 | −0.060% | $7.1M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0424% | 8h | 188.49 | −0.060% | $26.2M | $86.1M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0424% | 1h | 188.45 | −0.081% | $249K | $943K | 10x | as long as short |
| edgeX EWYUSDC | +0.0497% | 4h | 188.38 | −0.118% | $422K | $290K | 20x | as long as short |
| HTX EWY-USDT | +0.0535% | 8h | 188.44 | −0.086% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.1028% | 8h | 188.47 | −0.072% | $738K | $412K | 10x | as long as short |
Paradex EWY-USD-PERP
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
SoDEX EWY-USD
Gate EWY_USDT
Coinbase International EWY-PERP-INTX
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Polymarket Perps EWY-USD
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
edgeX EWYUSDC
HTX EWY-USDT
GRVT EWY_USDT_Perp