Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Orderly against tradeXYZ+0.021%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
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.021% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread 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 | tradeXYZ xyz:EWY | 190.52 | 0.0050 | pay 0.0006% / 1h | 23m 43s | $6.2M | $14.7M | 20x |
| Short | Orderly PERP_EWY_USDC_mythos | 190.56 | 0.0100 | get 0.0100% / 8h | 7h 23m | $2K | $1K | 20x |
tradeXYZ xyz:EWY
Orderly PERP_EWY_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $10.5
- Price spread: +0.021% → 0.000%
- $2.1
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$11.4
- Costs to cover
- 0.240%
- Break-even
- 14.6 days
Slippage unknown: tradeXYZ: live order book, 5 min ago; Orderly: no order-book sample. 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 tradeXYZ live order book, 5 min ago | 0.52 bp | 9.7 bp −$10 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0169% | 1h | 190.64 | +0.063% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.60 | +0.042% | $5.3M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.60 | +0.042% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.78 | +0.138% | $755K | $384K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.43 | −0.047% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.80 | +0.147% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.48 | −0.021% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.38 | −0.073% | $379K | $56K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.81 | +0.152% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.59 | +0.037% | $195K | $142K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 190.52 | long leg | $6.2M | $14.7M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 190.38 | −0.073% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.39 | −0.068% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.48 | −0.021% | $447 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.64 | +0.063% | $230K | $233K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0081% | 8h | 190.54 | +0.013% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.38 | −0.073% | $981K | $664K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.62 | +0.052% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythosshort | +0.0100% | 8h | 190.56 | +0.021% | $2K | $1K | 20x | |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 190.67 | +0.079% | $532K | $341K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0293% | 8h | 190.60 | +0.042% | $4.2M | $3.6M | 50x | as long as short |
| Bitget EWYUSDT | +0.0376% | 8h | 190.59 | +0.037% | $2.7M | $1.6M | 20x | as long as short |
| Aster EWYUSDT | +0.0500% | 8h | 190.57 | +0.025% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0592% | 8h | 190.74 | +0.117% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0597% | 8h | 190.76 | +0.126% | $47K | $215K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0616% | 1h | 190.55 | +0.018% | $304K | $717K | 10x | as long as short |
| Binance EWYUSDT | +0.0619% | 8h | 190.54 | +0.010% | $28.6M | $78.0M | 50x | as long as short |
| MEXC EWY_USDT | +0.0619% | 8h | 190.57 | +0.026% | $7.4M | $4.5M | 100x | as long as short |
| Hotstuff EWY-PERP | +0.0680% | 1h | 190.47 | −0.026% | $29K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0885% | 4h | 190.60 | +0.044% | $427K | $281K | 20x | as long as short |
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
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
Hotstuff EWY-PERP
edgeX EWYUSDC