Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: ApeX Omni against Entropy−0.042%47s7-day average — · you buy dearer than you sell
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—needs both histories
Funding pays, the price is against you. ApeX Omni is 0.042% cheaper against Entropy than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.8 days of funding at the current rate (+$2 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 189.65 | 0.0050 | pay 0.0006% / 1h | 36m 21s | $51K | $57K | 25x |
| Short | ApeX Omni EWYUSDT | 189.57 | 0.0100 | get 0.0013% / 1h | 36m 21s | $13K | $263K | 50x |
Entropy io:EWY
ApeX Omni EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Entropy. 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
- $10.5
- Price spread: −0.042% → 0.000%
- −$4.22
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$21.72
- Costs to cover
- 0.280%
- Break-even
- 21.5 days
Slippage unknown: Entropy: no order-book sample; ApeX Omni: live order book, 30 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 Entropy no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 30 min ago | 28.60 bp | 38.9 bp −$39 | 196.8 bp −$1,968 | doesn't fit | doesn't fit |
Entropy: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0014% | 1h | 189.65 | 0.000% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.72 | +0.037% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.68 | +0.016% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.60 | −0.028% | $749K | $385K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.76 | +0.058% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.65 | 0.000% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.71 | +0.032% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.54 | −0.058% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.80 | +0.079% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.65 | 0.000% | $197K | $146K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.28 | +0.332% | $531K | $336K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.67 | +0.011% | $6.2M | $14.0M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 189.65 | long leg | $51K | $57K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.52 | −0.069% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.61 | −0.021% | $631 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.48 | −0.090% | $212K | $250K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 189.59 | −0.032% | $23 | — | 5x | as long as short |
| edgeX EWYUSDC | +0.0083% | 4h | 189.50 | −0.078% | $425K | $282K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.62 | −0.016% | $976K | $634K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 189.57 | −0.042% | $13K | $263K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.71 | +0.032% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0192% | 1h | 189.62 | −0.016% | $28K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0213% | 8h | 189.64 | −0.005% | $4.1M | $3.5M | 50x | as long as short |
| Bitget EWYUSDT | +0.0255% | 8h | 189.68 | +0.016% | $2.7M | $1.9M | 20x | as long as short |
| Aster EWYUSDT | +0.0398% | 8h | 189.75 | +0.055% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0472% | 8h | 189.67 | +0.008% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0501% | 8h | 189.68 | +0.016% | $28.3M | $77.5M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0504% | 1h | 189.64 | −0.004% | $302K | $670K | 10x | as long as short |
| MEXC EWY_USDT | +0.0505% | 8h | 189.70 | +0.026% | $7.0M | $4.2M | 100x | as long as short |
| BloFin EWY-USDT | +0.0565% | 8h | 190.43 | +0.411% | $2K | $214K | 50x | as long as short |
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
edgeX EWYUSDC
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT