Funding you earn now, next payment 01:00 UTC−0.0546%/8h= −59.8% APRpaid last 24h −0.053%
Price spread now: Vest against Variational Omni+0.161%7-day average +0.078% · 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)−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.161%, 7d avg +0.078%
=Together, before fees−0.136%+ Points / potential airdropVariational Omni: Active · Vest: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.083% dearer against Variational Omni than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of +0.078%): +$8 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 3 days (−0.032% in total) that is about 8.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.032% in total (about -3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni EWY | 190.74 | 0.0592 | pay 0.0592% / 8h | 7h 21m | $1.2M | $1.1M | — |
| Short | Vest EWY-USD-PERP | 191.05 | 0.0046 | get 0.0006% / 1h | 21m 53s | — | $220K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$114.71
- Price spread: +0.161% → +0.078%
- $8.28
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$108.43
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Vest: 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 | 6.1 bp −$61 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 191.02 | +0.145% | $5.2M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 191.04 | +0.155% | $4.1M | $3.4M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.76 | +0.010% | $755K | $375K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.77 | +0.014% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.80 | +0.030% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 191.06 | +0.166% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.82 | +0.040% | $387K | $63K | 20x | as long as short |
| Vest EWY-USD-PERPshort | +0.0046% | 1h | 191.05 | +0.161% | — | $220K | 25x | |
| Popdex EWYUSDT | +0.0048% | 1h | 190.84 | +0.051% | $196K | $143K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.90 | +0.082% | $6.3M | $14.7M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 190.53 | −0.112% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.77 | +0.014% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.82 | +0.040% | $456 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.64 | −0.054% | $230K | $233K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0080% | 8h | 190.81 | +0.036% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.79 | +0.024% | $983K | $662K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.62 | −0.065% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 191.06 | +0.166% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0117% | 1h | 191.03 | +0.150% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 190.67 | −0.039% | $532K | $340K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0291% | 8h | 191.07 | +0.171% | $4.2M | $3.5M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0360% | 1h | 190.72 | −0.012% | $29K | $12K | 20x | as long as short |
| Bitget EWYUSDT | +0.0386% | 8h | 191.09 | +0.182% | $2.8M | $1.6M | 20x | as long as short |
| Aster EWYUSDT | +0.0499% | 8h | 191.02 | +0.146% | $296K | $12K | 20x | as long as short |
| BloFin EWY-USDT | +0.0589% | 8h | 190.63 | −0.060% | $47K | $214K | 50x | as long as short |
| Variational Omni EWYlong | +0.0592% | 8h | 190.74 | long leg | $1.2M | $1.1M | — | |
| Extended EWY_24_5-USD | +0.0616% | 1h | 190.98 | +0.122% | $304K | $708K | 10x | as long as short |
| Binance EWYUSDT | +0.0617% | 8h | 191.04 | +0.156% | $28.7M | $78.2M | 50x | as long as short |
| edgeX EWYUSDC | +0.0618% | 4h | 190.69 | −0.026% | $427K | $282K | 20x | as long as short |
| MEXC EWY_USDT | +0.0618% | 8h | 191.03 | +0.150% | $7.4M | $4.5M | 100x | as long as short |
Variational Omni EWY
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
edgeX EWYUSDC
MEXC EWY_USDT