Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.012%
Price spread now: Entropy against ApeX Omni+0.047%47s7-day average — · 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)—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. Entropy is 0.047% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EWYUSDT | 189.59 | 0.0100 | pay 0.0013% / 1h | 34m 15s | $13K | $263K | 50x |
| Short | Entropy io:EWY | 189.68 | 0.0050 | get 0.0006% / 1h | 34m 15s | $51K | $57K | 25x |
ApeX Omni EWYUSDT
Entropy io:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against ApeX Omni. 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: +0.047% → 0.000%
- $4.75
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$33.75
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 33 min ago; Entropy: 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 ApeX Omni live order book, 33 min ago | 28.60 bp | 40.3 bp −$40 | 194.9 bp −$1,949 | doesn't fit | doesn't fit |
| Sell Entropy no order-book sample | — | — | — | — | — |
Entropy: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0128% | 1h | 189.71 | +0.063% | $28K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.77 | +0.095% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.74 | +0.079% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.60 | +0.004% | $749K | $385K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.70 | +0.058% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.64 | +0.026% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.80 | +0.111% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.70 | +0.058% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.59 | 0.000% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.88 | +0.153% | — | $220K | 25x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 189.73 | +0.074% | $197K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.28 | +0.364% | $531K | $335K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.71 | +0.063% | $6.3M | $14.0M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 189.68 | +0.047% | $51K | $57K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.56 | −0.016% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.70 | +0.058% | $641 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.48 | −0.058% | $212K | $250K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 189.72 | +0.070% | $23 | — | 5x | as long as short |
| edgeX EWYUSDC | +0.0083% | 4h | 189.50 | −0.046% | $425K | $282K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.60 | +0.005% | $977K | $634K | 20x | as long as short |
| ApeX Omni EWYUSDTlong | +0.0100% | 1h | 189.59 | long leg | $13K | $263K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.75 | +0.084% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0208% | 8h | 189.79 | +0.105% | $4.1M | $3.5M | 50x | as long as short |
| Bitget EWYUSDT | +0.0232% | 8h | 189.74 | +0.079% | $2.8M | $1.9M | 20x | as long as short |
| Aster EWYUSDT | +0.0389% | 8h | 189.78 | +0.101% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0472% | 8h | 189.67 | +0.040% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0488% | 1h | 189.69 | +0.054% | $302K | $670K | 10x | as long as short |
| Binance EWYUSDT | +0.0491% | 8h | 189.74 | +0.079% | $28.3M | $77.5M | 50x | as long as short |
| MEXC EWY_USDT | +0.0495% | 8h | 189.74 | +0.079% | $7.0M | $4.2M | 100x | as long as short |
| BloFin EWY-USDT | +0.0565% | 8h | 190.43 | +0.443% | $2K | $214K | 50x | as long as short |
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
edgeX EWYUSDC
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
BloFin EWY-USDT