Funding you earn now, next payment 12:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.001%
Price spread now: Popdex against Polymarket Perps−0.090%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Popdex is 0.090% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps EWY-USD | 188.55 | 0.0224 | pay 0.0028% / 1h | 55m 56s | $4K | $7K | 20x |
| Short | Popdex EWYUSDT | 188.38 | 0.0048 | get 0.0006% / 1h | 55m 56s | $201K | $166K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Polymarket Perps. 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
- −$36.98
- Price spread: −0.090% → 0.000%
- −$9.02
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$60.39
- Costs to cover
- 0.144%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; Popdex: live order book, 51 min ago. 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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Popdex live order book, 51 min ago | 1.06 bp | 5.2 bp −$5 | 11.2 bp −$112 | doesn't fit | doesn't fit |
Polymarket Perps: 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-PERP | −0.0632% | 1h | 188.38 | −0.090% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.45 | −0.053% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.40 | −0.080% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.42 | −0.069% | $3.2M | $3.2M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.12 | −0.228% | — | $1.6M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.38 | −0.090% | $1.7M | $38K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0016% | 1h | 188.33 | −0.117% | $3K | $10K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.25 | −0.159% | $382K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.44 | −0.058% | — | $224K | 25x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 188.38 | −0.090% | $201K | $166K | 20x |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.08 | −0.249% | $523K | $254K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.29 | −0.138% | $5.9M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.39 | −0.085% | $143K | $118K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.37 | −0.095% | $770 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.38 | −0.090% | $225K | $315K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 188.42 | −0.068% | $23 | — | 5x | as long as short |
| Gate EWY_USDT | +0.0065% | 8h | 188.43 | −0.064% | $3.9M | $4.9M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.25 | −0.159% | $969K | $738K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.34 | −0.111% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.38 | −0.090% | $2K | $1K | 20x | as long as short |
| Polymarket Perps EWY-USDlong | +0.0224% | 1h | 188.55 | long leg | $4K | $7K | 20x | |
| Aster EWYUSDT | +0.0361% | 8h | 188.31 | −0.130% | $292K | $14K | 20x | as long as short |
| Variational Omni EWY | +0.0423% | 8h | 188.55 | −0.003% | $1.1M | $941K | — | as long as short |
| edgeX EWYUSDC | +0.0447% | 4h | 188.51 | −0.019% | $423K | $289K | 20x | as long as short |
| MEXC EWY_USDT | +0.0461% | 8h | 188.37 | −0.095% | $6.8M | $4.5M | 100x | as long as short |
| BloFin EWY-USDT | +0.0461% | 8h | 188.49 | −0.032% | $49K | $245K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0464% | 1h | 188.31 | −0.126% | $247K | $1.2M | 10x | as long as short |
| Binance EWYUSDT | +0.0465% | 8h | 188.38 | −0.088% | $26.1M | $86.2M | 50x | as long as short |
| HTX EWY-USDT | +0.0542% | 8h | 188.66 | +0.058% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.1023% | 8h | 188.59 | +0.020% | $739K | $413K | 10x | as long as short |
Polymarket Perps EWY-USD
Popdex EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
Lighter EWY
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
SoDEX EWY-USD
Paradex EWY-USD-PERP
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Aster EWYUSDT
Variational Omni EWY
edgeX EWYUSDC
MEXC EWY_USDT
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
HTX EWY-USDT
GRVT EWY_USDT_Perp