Funding you earn now, next payment 11:00 UTC−7.2752%/8h= −7966.3% APRpaid last 24h −1.920%
Price spread now: Hotstuff against Bitget−0.799%646s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2,183 a day on $10k at the current rate, and Hotstuff is 0.799% cheaper against Bitget than usual: you would sell low and buy high (−$80 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 646 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 | Bitget EWYUSDT | 188.90 | 0 | get 0.0000% / 8h | 5h 48m | $3.1M | $3.1M | 20x |
| Short | Hotstuff EWY-PERP | 187.39 | −7.2752 | pay 0.9094% / 1h | 48m 55s | $28K | $16K | 20x |
Bitget EWYUSDT
Hotstuff EWY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Bitget. 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
- −$15,277.92
- Price spread: −0.799% → 0.000%
- −$79.94
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$15,374.86
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Hotstuff: 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 Bitget live order book, 2 min ago | 0.79 bp | 8.9 bp −$9 | 10.7 bp −$107 | 27.4 bp −$2,741 | 69.5 bp −$34.8K |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERPshort | −7.2752% | 1h | 187.39 | −0.799% | $28K | $16K | 20x | |
| Bybit EWYUSDT | 0.0000% | 8h | 188.89 | −0.005% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.84 | −0.032% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDTlong | 0.0000% | 8h | 188.90 | long leg | $3.1M | $3.1M | 20x | |
| SunX EWY-USDT | 0.0000% | 8h | 188.67 | −0.122% | — | $1.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.03 | +0.069% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.84 | −0.032% | $383K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.15 | +0.132% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.02 | +0.064% | $202K | $167K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.86 | −0.021% | $5.9M | $15.5M | 20x | as long as short |
Bybit EWYUSDT
OKX EWY-USDT-SWAP
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWYShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 188.92 | +0.011% | $143K | $118K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.98 | +0.042% | $779 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.97 | +0.037% | $226K | $315K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 189.14 | +0.124% | $23 | — | 5x | as long as short |
| Polymarket Perps EWY-USD | +0.0061% | 1h | 189.19 | +0.154% | $4K | $6K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0088% | 1h | 189.07 | +0.090% | $525K | $251K | 20x | as long as short |
| Gate EWY_USDT | +0.0099% | 8h | 188.96 | +0.032% | $4.0M | $4.8M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.81 | −0.048% | $971K | $701K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.07 | +0.090% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.99 | +0.048% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0121% | 1h | 188.95 | +0.026% | $3K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0123% | 8h | 188.76 | −0.073% | $292K | $14K | 20x | as long as short |
| Variational Omni EWY | +0.0180% | 8h | 188.99 | +0.046% | $1.1M | $941K | — | as long as short |
| MEXC EWY_USDT | +0.0210% | 8h | 188.88 | −0.011% | $7.4M | $4.3M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0216% | 1h | 188.81 | −0.049% | $247K | $935K | 10x | as long as short |
| Binance EWYUSDT | +0.0216% | 8h | 188.86 | −0.023% | $26.3M | $86.5M | 50x | as long as short |
| BloFin EWY-USDT | +0.0224% | 8h | 189.01 | +0.058% | $48K | $237K | 50x | as long as short |
| HTX EWY-USDT | +0.0385% | 8h | 189.20 | +0.159% | $22K | $36K | 20x | as long as short |
| edgeX EWYUSDC | +0.0493% | 4h | 189.04 | +0.072% | $424K | $290K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0884% | 8h | 189.15 | +0.132% | $742K | $408K | 10x | as long as short |
Entropy io:EWY
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Polymarket Perps EWY-USD
Coinbase International EWY-PERP-INTX
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
BloFin EWY-USDT
HTX EWY-USDT
edgeX EWYUSDC
GRVT EWY_USDT_Perp