Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.003%
Price spread now: Bybit against Polymarket Perps+0.118%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Bybit is 0.118% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.118% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps EWY-USD | 186.98 | 0.0050 | pay 0.0006% / 1h | 38m 54s | $4K | $141 | 20x |
| Short | Bybit EWYUSDT | 187.20 | 0 | get 0.0000% / 8h | 38m 54s | $4.9M | $4.9M | 100x |
Polymarket Perps EWY-USD
Bybit EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Polymarket Perps. 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
- −$10.5
- Price spread: +0.118% → 0.000%
- $11.77
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$17.73
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; Bybit: live order book, 4 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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.80 bp | 9.1 bp −$9 | 12.3 bp −$123 | doesn't fit | doesn't fit |
Polymarket Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0416% | 8h | 187.19 | +0.112% | $2.8M | $2.5M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.20 | +0.120% | $290K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.09 | +0.061% | $238K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.14 | +0.086% | $27.2M | $82.5M | 50x | as long as short |
| Bybit EWYUSDTshort | 0.0000% | 8h | 187.20 | +0.118% | $4.9M | $4.9M | 100x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.06 | +0.043% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.20 | +0.118% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.13 | +0.080% | $8.5M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.26 | +0.149% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.28 | +0.162% | $740K | $416K | 10x | as long as short |
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
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 | 187.11 | +0.070% | — | $2.4M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.10 | +0.064% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.25 | +0.144% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.19 | +0.112% | $1.7M | $37K | 10x | as long as short |
| Vest EWY-USD-PERP | +0.0002% | 1h | 186.74 | −0.128% | — | $220K | 25x | as long as short |
| BloFin EWY-USDT | +0.0018% | 8h | 187.13 | +0.080% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.06 | +0.043% | $379K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.17 | +0.102% | $197K | $152K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.99 | +0.005% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.06 | +0.043% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USDlong | +0.0050% | 1h | 186.98 | long leg | $4K | $141 | 20x | |
| SoDEX EWY-USD | +0.0050% | 1h | 187.10 | +0.064% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.18 | +0.107% | $223K | $332K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 187.24 | +0.139% | $520K | $245K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 187.12 | +0.076% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.97 | −0.005% | $963K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.33 | +0.187% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.13 | +0.080% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0160% | 1h | 187.06 | +0.043% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0809% | 4h | 187.28 | +0.159% | $420K | $285K | 20x | as long as short |
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
edgeX EWYUSDC