Funding you earn now, next payment 23:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.044%
Price spread now: Bitget against Deribit+0.048%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Bitget is 0.048% dearer against Deribit than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit EWY_USDC-PERPETUAL | 189.05 | 0.0226 | pay 0.0028% / 1h | 47m 52s | $2K | $13K | 20x |
| Short | Bitget EWYUSDT | 189.14 | 0.0132 | get 0.0132% / 8h | 1h 47m | $2.5M | $1.4M | 20x |
Deribit EWY_USDC-PERPETUAL
Bitget EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- −$19.8
- Price spread: +0.048% → 0.000%
- $4.76
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.04
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 4 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 0.53 bp | 7.5 bp −$7 | 11.4 bp −$114 | 32.4 bp −$3,239 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 189.19 | +0.074% | $5.2M | $4.1M | 100x | as long as short |
| Hotstuff EWY-PERP | 0.0000% | 1h | 189.02 | −0.016% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.06 | +0.005% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.71 | −0.180% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.04 | −0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.94 | −0.058% | $376K | $95K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.15 | +0.053% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.11 | +0.032% | $194K | $138K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.99 | −0.032% | $6.4M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.98 | −0.037% | $49K | $36K | 25x | as long as short |
Bybit EWYUSDT
Hotstuff EWY-PERP
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.95 | −0.053% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.06 | +0.005% | $782 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.97 | −0.042% | $221K | $181K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.99 | −0.032% | $958K | $724K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.72 | −0.175% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.06 | +0.005% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0117% | 8h | 189.30 | +0.130% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.06 | +0.005% | $524K | $329K | 20x | as long as short |
| HTX EWY-USDT | +0.0128% | 8h | 189.10 | +0.026% | $36K | $8K | 20x | as long as short |
| Bitget EWYUSDTshort | +0.0132% | 8h | 189.14 | +0.048% | $2.5M | $1.4M | 20x | |
| OKX EWY-USDT-SWAP | +0.0190% | 8h | 189.18 | +0.069% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUALlong | +0.0226% | 1h | 189.05 | long leg | $2K | $13K | 20x | |
| Aster EWYUSDT | +0.0374% | 8h | 188.91 | −0.072% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0411% | 8h | 189.03 | −0.011% | $1.4M | $899K | — | as long as short |
| MEXC EWY_USDT | +0.0464% | 8h | 189.05 | 0.000% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0471% | 8h | 189.07 | +0.009% | $28.4M | $79.6M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0472% | 1h | 189.00 | −0.024% | $304K | $410K | 10x | as long as short |
| BloFin EWY-USDT | +0.0478% | 8h | 189.06 | +0.005% | $47K | $214K | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0571% | 8h | 189.06 | +0.003% | $748K | $401K | 10x | as long as short |
| edgeX EWYUSDC | +0.0779% | 4h | 189.05 | +0.001% | $423K | $274K | 20x | as long as short |
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT
GRVT EWY_USDT_Perp
edgeX EWYUSDC