Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.018%
Price spread now: Entropy against Gate−0.096%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$820.818% of the position
Funding, last 4 days (all we have)+0.191%+$19 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.096%, 7d avg −0.053%
=Funding pays, the price is against you. Entropy is 0.043% cheaper against Gate than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.053%). If the spread goes back, that is −$4 on $10k: about 2.9 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.191% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 187.27 | 0 | get 0.0000% / 8h | 53m 12s | $4.0M | $4.2M | 50x |
| Short | Entropy io:EWY | 187.09 | 0.0050 | get 0.0006% / 1h | 53m 12s | $142K | $119K | 25x |
Gate EWY_USDT
Entropy io:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Gate. 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: −0.096% → −0.053%
- −$4.3
- Slippage, 4 orders
- −$48.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$75.56
- Costs to cover
- 0.818%
- Break-even
- 57.4 days
Slippage from Gate: live order book, 5 min ago; Entropy: live order book, 14 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 Gate live order book, 5 min ago | 3.20 bp | 12.4 bp −$12 | 24.6 bp −$246 | 42.4 bp −$4,237 | 78.9 bp −$39.4K |
| Sell Entropy live order book, 14 min ago | 9.07 bp | 30.7 bp −$31 | 128.4 bp −$1,284 | 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 | −0.0388% | 8h | 187.26 | −0.005% | $2.8M | $2.4M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0208% | 1h | 187.04 | −0.123% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.10 | −0.088% | $290K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.08 | −0.099% | $238K | $684K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.13 | −0.075% | $27.3M | $82.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.16 | −0.059% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.07 | −0.107% | $4.1M | $4.4M | 50x | as long as short |
| Gate EWY_USDTlong | 0.0000% | 8h | 187.27 | long leg | $4.0M | $4.2M | 50x | |
| MEXC EWY_USDT | 0.0000% | 8h | 187.16 | −0.059% | $8.5M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.06 | −0.112% | $1.2M | $1.1M | — | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.17 | −0.051% | $740K | $415K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.02 | −0.133% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.21 | −0.032% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.17 | −0.053% | $1.7M | $37K | 10x | as long as short |
| Vest EWY-USD-PERP | +0.0016% | 1h | 186.85 | −0.224% | — | $220K | 25x | as long as short |
| BloFin EWY-USDT | +0.0018% | 8h | 187.25 | −0.011% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.97 | −0.160% | $379K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.26 | −0.005% | $198K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.99 | −0.150% | $6.2M | $14.2M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 187.09 | −0.096% | $142K | $119K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.06 | −0.112% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.13 | −0.075% | $747 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.01 | −0.139% | $219K | $332K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 187.18 | −0.051% | $22 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 187.14 | −0.069% | $520K | $252K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.93 | −0.182% | $962K | $598K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.21 | −0.032% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.08 | −0.101% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0111% | 4h | 187.20 | −0.039% | $420K | $284K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0124% | 1h | 187.09 | −0.096% | $2K | $14K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC
Deribit EWY_USDC-PERPETUAL