Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.034%
Price spread now: Extended against Entropy+0.056%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$610.606% of the position
Funding, last 4 days (all we have)−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.056%, 7d avg +0.018%
=Together, before fees−0.120%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.038% dearer against Entropy than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.018%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 4 days (−0.127% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 186.35 | 0.0050 | pay 0.0006% / 1h | 9m 50s | $141K | $120K | 25x |
| Short | Extended EWY_24_5-USD | 186.45 | 0 | get 0.0000% / 1h | 9m 50s | $237K | $915K | 10x |
Entropy io:EWY
Extended EWY_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$10.5
- Price spread: +0.056% → +0.018%
- $3.82
- Slippage, 4 orders
- −$37.58
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$67.26
- Costs to cover
- 0.606%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 57 min ago; Extended: live order book, 28 min ago.
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, 57 min ago | 9.07 bp | 24.2 bp −$24 | 133.9 bp −$1,339 | doesn't fit | doesn't fit |
| Sell Extended live order book, 28 min ago | 0.03 bp | 2.9 bp −$3 | 6.1 bp −$61 | doesn't fit | doesn't fit |
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 | −2.1016% | 1h | 186.38 | +0.016% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | −0.0577% | 8h | 186.59 | +0.129% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0022% | 1h | 186.02 | −0.177% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.53 | +0.094% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USDshort | 0.0000% | 1h | 186.45 | +0.056% | $237K | $915K | 10x | |
| Binance EWYUSDT | 0.0000% | 8h | 186.50 | +0.080% | $27.0M | $83.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.55 | +0.107% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.53 | +0.097% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.57 | +0.118% | $4.1M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.49 | +0.075% | $7.9M | $4.4M | 100x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Vest EWY-USD-PERP
Aster EWYUSDT
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.45 | +0.055% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.63 | +0.148% | $732K | $422K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.43 | +0.043% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.61 | +0.140% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.53 | +0.097% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0024% | 8h | 186.50 | +0.080% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.25 | −0.054% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.54 | +0.102% | $198K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.36 | +0.005% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 186.35 | long leg | $141K | $120K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.37 | +0.011% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.48 | +0.070% | $749 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.41 | +0.032% | $233K | $335K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.49 | +0.075% | $517K | $255K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 186.41 | +0.033% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.36 | +0.005% | $959K | $601K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.56 | +0.113% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.45 | +0.054% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0555% | 1h | 186.44 | +0.048% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0931% | 4h | 186.56 | +0.112% | $418K | $290K | 20x | as long as short |
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
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC