Funding you earn now, next payment 23:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Phemex against Vest+0.005%7-day average −0.068% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.043%−$4 on $10k
+Price spread, last 3 days (all we have)−0.086%−$9 · spread now +0.005%, 7d avg −0.068%
=Together, before fees−0.129%+ Points / potential airdropVest: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.073% dearer against Vest than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.068%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest EWY-USD-PERP | 189.07 | 0.0046 | pay 0.0006% / 1h | 45m 00s | — | $217K | 25x |
| Short | Phemex EWYUSDT | 189.08 | 0 | get 0.0000% / 8h | 1h 45m | $1.7M | $37K | 10x |
Vest EWY-USD-PERP
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Vest. 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
- −$9.59
- Price spread: +0.005% → −0.068%
- $7.3
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$16.29
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Phemex: live order book, 3 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 Vest no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 1.59 bp | 44.4 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 189.19 | +0.063% | $5.2M | $4.1M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.06 | −0.005% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.78 | −0.153% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 189.08 | +0.005% | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 188.93 | −0.074% | $376K | $95K | 20x | as long as short |
| Vest EWY-USD-PERPlong | +0.0046% | 1h | 189.07 | long leg | — | $217K | 25x | |
| Popdex EWYUSDT | +0.0048% | 1h | 189.09 | +0.011% | $194K | $138K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.00 | −0.037% | $6.4M | $14.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.94 | −0.069% | $49K | $36K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.92 | −0.079% | $4K | $38 | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX EWY-USD | +0.0050% | 1h | 189.06 | −0.005% | $779 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.93 | −0.074% | $221K | $181K | 10x | as long as short |
| Hotstuff EWY-PERP | +0.0072% | 1h | 189.00 | −0.037% | $28K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.97 | −0.053% | $958K | $725K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.05 | −0.011% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.07 | 0.000% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0120% | 8h | 189.20 | +0.069% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 188.98 | −0.048% | $525K | $331K | 20x | as long as short |
| Bitget EWYUSDT | +0.0136% | 8h | 189.11 | +0.021% | $2.5M | $1.4M | 20x | as long as short |
| HTX EWY-USDT | +0.0141% | 8h | 189.08 | +0.005% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0195% | 8h | 189.07 | 0.000% | $4.0M | $4.0M | 50x | as long as short |
| edgeX EWYUSDC | +0.0239% | 4h | 189.07 | −0.001% | $424K | $275K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0332% | 1h | 189.07 | 0.000% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0383% | 8h | 188.89 | −0.096% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0436% | 8h | 189.03 | −0.023% | $1.4M | $899K | — | as long as short |
| MEXC EWY_USDT | +0.0477% | 8h | 189.07 | 0.000% | $7.5M | $4.5M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0480% | 1h | 189.04 | −0.014% | $304K | $410K | 10x | as long as short |
| Binance EWYUSDT | +0.0483% | 8h | 189.08 | +0.005% | $28.4M | $79.6M | 50x | as long as short |
| BloFin EWY-USDT | +0.0506% | 8h | 189.10 | +0.016% | $47K | $214K | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0585% | 8h | 188.98 | −0.048% | $748K | $401K | 10x | as long as short |
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Hotstuff EWY-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
edgeX EWYUSDC
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
BloFin EWY-USDT
GRVT EWY_USDT_Perp