Funding you earn now, next payment 04:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h −0.023%
Price spread now: Deribit against Variational Omni+0.073%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.073% dearer against Variational Omni than usual: you sell high and buy low: +$7 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 | Variational Omni EWY | 190.50 | 0.0064 | pay 0.0064% / 8h | 4h 11m | $1.2M | $1.1M | — |
| Short | Deribit EWY_USDC-PERPETUAL | 190.64 | 0.0170 | get 0.0021% / 1h | 11m 58s | $2K | $13K | 20x |
Variational Omni EWY
Deribit EWY_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Variational Omni. 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
- $22.19
- Price spread: +0.073% → 0.000%
- $7.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $22.45
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 2.23 bp | doesn't fit | 5.1 bp −$51 | 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 | −0.0056% | 1h | 190.59 | +0.046% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.74 | +0.125% | $5.1M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.67 | +0.088% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.57 | +0.036% | $753K | $395K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.55 | +0.025% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.61 | +0.057% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.67 | +0.088% | $1.7M | $37K | 10x | as long as short |
| OKX EWY-USDT-SWAP | +0.0019% | 8h | 190.70 | +0.104% | $4.1M | $3.3M | 50x | as long as short |
| Aster EWYUSDT | +0.0024% | 8h | 190.64 | +0.074% | $296K | $12K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.53 | +0.015% | $386K | $39K | 20x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Lighter EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 190.58 | +0.041% | $532K | $299K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.82 | +0.167% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.68 | +0.094% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.59 | +0.046% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.56 | +0.031% | $30K | $66K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.48 | −0.011% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.66 | +0.083% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.52 | +0.010% | $201K | $266K | 10x | as long as short |
| Bitget EWYUSDT | +0.0051% | 8h | 190.68 | +0.094% | $2.7M | $2.0M | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 190.67 | +0.087% | $23 | — | 5x | as long as short |
| Variational Omni EWYlong | +0.0064% | 8h | 190.50 | long leg | $1.2M | $1.1M | — | |
| Extended EWY_24_5-USD | +0.0096% | 1h | 190.62 | +0.061% | $301K | $669K | 10x | as long as short |
| Binance EWYUSDT | +0.0098% | 8h | 190.67 | +0.088% | $28.1M | $76.5M | 50x | as long as short |
| MEXC EWY_USDT | +0.0099% | 8h | 190.66 | +0.083% | $6.5M | $3.9M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.60 | +0.052% | $982K | $621K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.51 | +0.004% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.65 | +0.078% | $2K | $1K | 20x | as long as short |
| BloFin EWY-USDT | +0.0120% | 8h | 190.69 | +0.099% | $48K | $214K | 50x | as long as short |
| Deribit EWY_USDC-PERPETUALshort | +0.0170% | 1h | 190.64 | +0.073% | $2K | $13K | 20x | |
| edgeX EWYUSDC | +0.0353% | 4h | 190.51 | +0.007% | $427K | $285K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Bitget EWYUSDT
Paradex EWY-USD-PERP
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
BloFin EWY-USDT
edgeX EWYUSDC