Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.024%
Price spread now: Deribit against Entropy+0.048%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.048% dearer against Entropy than usual: you sell high and buy low: +$5 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 | Entropy io:EWY | 186.31 | 0.0050 | pay 0.0006% / 1h | 2m 42s | $141K | $120K | 25x |
| Short | Deribit EWY_USDC-PERPETUAL | 186.40 | 0.0072 | get 0.0009% / 1h | 2m 42s | $2K | $14K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Entropy. 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
- $4.61
- Price spread: +0.048% → 0.000%
- $4.83
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$15.56
- Costs to cover
- 0.250%
- Break-even
- 30.6 days
Slippage unknown: Entropy: live order book, 64 min ago; Deribit: 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 Entropy live order book, 64 min ago | 9.07 bp | 24.2 bp −$24 | 133.9 bp −$1,339 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −4.4720% | 1h | 186.32 | +0.005% | $28K | $15K | 20x | as long as short |
| Bitget EWYUSDT | −0.0608% | 8h | 186.64 | +0.177% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0030% | 1h | 185.90 | −0.220% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.48 | +0.090% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.43 | +0.066% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.47 | +0.087% | $27.0M | $83.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.49 | +0.097% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.47 | +0.086% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.53 | +0.118% | $4.1M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.49 | +0.097% | $7.9M | $4.4M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.48 | +0.091% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.51 | +0.108% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.31 | 0.000% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.61 | +0.161% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.50 | +0.102% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0006% | 8h | 186.47 | +0.086% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.25 | −0.032% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.48 | +0.091% | $198K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.41 | +0.054% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 186.31 | long leg | $141K | $120K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.30 | −0.005% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.46 | +0.081% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.28 | −0.016% | $233K | $335K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.49 | +0.097% | $517K | $250K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.39 | +0.041% | $22 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUALshort | +0.0072% | 1h | 186.40 | +0.048% | $2K | $14K | 20x | |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.38 | +0.038% | $960K | $602K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.50 | +0.102% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.45 | +0.075% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0442% | 4h | 186.45 | +0.074% | $418K | $286K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
edgeX EWYUSDC