Funding you earn now, next payment 07:00 UTC−0.0387%/8h= −42.4% APRpaid last 24h −0.177%
Price spread now: Entropy against edgeX−0.042%7-day average — · 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−$74as in the Price arb table
costs, in and out, $10k−$700.702% of the position
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Entropy is 0.042% cheaper against edgeX than usual: you would sell low and buy high (−$4 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 | edgeX EWYUSDC | 188.05 | 0.0437 | pay 0.0219% / 4h | 1h 51m | $422K | $285K | 20x |
| Short | Entropy io:EWY | 187.97 | 0.0050 | get 0.0006% / 1h | 51m 17s | $143K | $119K | 25x |
edgeX EWYUSDC
Entropy io:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against edgeX. 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
- −$81.37
- Price spread: −0.042% → 0.000%
- −$4.23
- Slippage, 4 orders
- −$43.23
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$155.84
- Costs to cover
- 0.702%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 57 min ago; Entropy: live order book, 26 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 edgeX live order book, 57 min ago | 5.29 bp | 10.2 bp −$10 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 26 min ago | 9.86 bp | 24.6 bp −$25 | 121.9 bp −$1,219 | 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 | −0.0110% | 8h | 188.13 | +0.043% | $2.7M | $2.3M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.01 | −0.023% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.06 | +0.003% | $241K | $496K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.08 | +0.016% | $27.3M | $81.6M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.03 | −0.010% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.04 | −0.005% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.04 | −0.005% | $4.1M | $4.2M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.06 | +0.006% | $7.9M | $4.2M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.18 | +0.070% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.11 | +0.032% | $744K | $419K | 10x | as long as short |
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWY-USDT | 0.0000% | 8h | 187.95 | −0.053% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.22 | +0.091% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.01 | −0.021% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0022% | 8h | 188.13 | +0.043% | $48K | $216K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.85 | −0.106% | $381K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.81 | −0.127% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.07 | +0.011% | $197K | $150K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.61 | +0.298% | $524K | $274K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.92 | −0.069% | $6.3M | $14.3M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 187.97 | −0.042% | $143K | $119K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.86 | −0.101% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.01 | −0.021% | $758 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.83 | −0.117% | $214K | $307K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 188.03 | −0.013% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.92 | −0.069% | $968K | $598K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.17 | +0.064% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.00 | −0.026% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0328% | 1h | 187.98 | −0.037% | $28K | $12K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0335% | 1h | 188.05 | 0.000% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDClong | +0.0437% | 4h | 188.05 | long leg | $422K | $285K | 20x |
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
Deribit EWY_USDC-PERPETUAL