Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Popdex against Entropy+0.080%7-day average +0.048% · 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−$62as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 4 days (all we have)−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.080%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.032% dearer against Entropy than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 186.89 | 0.0050 | pay 0.0006% / 1h | 34m 01s | $142K | $119K | 25x |
| Short | Popdex EWYUSDT | 187.04 | 0.0048 | get 0.0006% / 1h | 34m 01s | $197K | $153K | 20x |
Entropy io:EWY
Popdex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$0.42
- Price spread: +0.080% → +0.048%
- $3.22
- Slippage, 4 orders
- −$41.18
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$62.78
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 33 min ago; Popdex: live order book, 5 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, 33 min ago | 9.07 bp | 24.2 bp −$24 | 133.9 bp −$1,339 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 5 min ago | 0.53 bp | 4.3 bp −$4 | 7.7 bp −$77 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0434% | 8h | 187.08 | +0.102% | $2.8M | $2.5M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0120% | 1h | 186.85 | −0.021% | $28K | $12K | 20x | as long as short |
| BloFin EWY-USDT | −0.0002% | 8h | 187.04 | +0.080% | $48K | $217K | 50x | as long as short |
| Vest EWY-USD-PERP | 0.0000% | 1h | 186.61 | −0.150% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.07 | +0.094% | $290K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.98 | +0.051% | $238K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.99 | +0.054% | $27.2M | $82.9M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.03 | +0.075% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.93 | +0.021% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.04 | +0.080% | $4.0M | $4.3M | 50x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
BloFin EWY-USDT
Vest EWY-USD-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EWY_USDT | 0.0000% | 8h | 187.00 | +0.059% | $8.5M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.02 | +0.069% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.15 | +0.139% | $740K | $416K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.89 | 0.000% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.09 | +0.107% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.03 | +0.075% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.78 | −0.059% | $379K | $40K | 20x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 187.04 | +0.080% | $197K | $153K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.83 | −0.032% | $6.2M | $14.4M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 186.89 | long leg | $142K | $119K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.85 | −0.021% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.97 | +0.043% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.87 | −0.011% | $223K | $332K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.92 | +0.016% | $519K | $246K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.99 | +0.052% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.88 | −0.005% | $962K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.08 | +0.102% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.99 | +0.054% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0524% | 4h | 187.06 | +0.092% | $419K | $285K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0553% | 1h | 186.96 | +0.037% | $2K | $14K | 20x | as long as short |
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
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
edgeX EWYUSDC
Deribit EWY_USDC-PERPETUAL