Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Entropy against tradeXYZ+0.069%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 4 days (all we have)+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.069%, 7d avg +0.030%
=Together, before fees−0.025%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Entropy is 0.039% dearer against tradeXYZ than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWY | 187.85 | 0.0050 | pay 0.0006% / 1h | 4m 38s | $5.8M | $14.3M | 20x |
| Short | Entropy io:EWY | 187.98 | 0.0050 | get 0.0006% / 1h | 4m 38s | $160K | $128K | 25x |
tradeXYZ xyz:EWY
Entropy io:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against tradeXYZ. 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
- Price spread: +0.069% → +0.030%
- $3.95
- Slippage, 4 orders
- −$15.71
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$47.76
- Costs to cover
- 0.517%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Entropy: live order book, 23 min ago.
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 tradeXYZ live order book, 7 min ago | 0.53 bp | 9.5 bp −$10 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 23 min ago | 5.04 bp | 15.0 bp −$15 | 96.8 bp −$968 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 188.01 | +0.085% | $5.0M | $5.1M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.00 | +0.080% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.02 | +0.090% | $3.3M | $3.4M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.70 | −0.080% | — | $1.6M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.94 | +0.048% | $1.7M | $37K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0016% | 1h | 187.90 | +0.027% | $3K | $8K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.85 | 0.000% | $381K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.05 | +0.106% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.00 | +0.080% | $202K | $177K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.19 | +0.181% | $523K | $254K | 20x | as long as short |
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTXShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 187.85 | long leg | $5.8M | $14.3M | 20x | |
| Entropy io:EWYshort | +0.0050% | 1h | 187.98 | +0.069% | $160K | $128K | 25x | |
| SoDEX EWY-USD | +0.0050% | 1h | 187.93 | +0.043% | $760 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.84 | −0.005% | $205K | $337K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 188.08 | +0.123% | $23 | — | 5x | as long as short |
| Gate EWY_USDT | +0.0083% | 8h | 188.08 | +0.122% | $3.9M | $5.1M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.88 | +0.016% | $967K | $774K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.13 | +0.149% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.95 | +0.053% | $2K | $1K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0246% | 1h | 188.18 | +0.176% | $4K | $10K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0288% | 1h | 187.93 | +0.043% | $28K | $17K | 20x | as long as short |
| Aster EWYUSDT | +0.0525% | 8h | 188.02 | +0.091% | $291K | $14K | 20x | as long as short |
| HTX EWY-USDT | +0.0526% | 8h | 188.07 | +0.117% | $22K | $36K | 20x | as long as short |
| Variational Omni EWY | +0.0610% | 8h | 188.05 | +0.107% | $1.1M | $953K | — | as long as short |
| MEXC EWY_USDT | +0.0630% | 8h | 187.91 | +0.032% | $6.7M | $4.8M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0632% | 1h | 187.88 | +0.018% | $247K | $1.5M | 10x | as long as short |
| Binance EWYUSDT | +0.0636% | 8h | 187.97 | +0.066% | $25.9M | $87.2M | 50x | as long as short |
| BloFin EWY-USDT | +0.0645% | 8h | 187.96 | +0.059% | $48K | $249K | 50x | as long as short |
| edgeX EWYUSDC | +0.0836% | 4h | 188.18 | +0.177% | $422K | $295K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.1007% | 8h | 188.20 | +0.188% | $738K | $413K | 10x | as long as short |
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Polymarket Perps EWY-USD
Hotstuff EWY-PERP
Aster EWYUSDT
HTX EWY-USDT
Variational Omni EWY
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
BloFin EWY-USDT
edgeX EWYUSDC
GRVT EWY_USDT_Perp