Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.047%
Price spread now: BloFin against Entropy+0.086%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 4 days (all we have)−0.111%−$11 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.086%, 7d avg +0.049%
=The price spread pays, funding is against you. BloFin is 0.037% dearer against Entropy than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of +0.049%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 4 days (−0.111% in total) that is about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 186.31 | 0.0050 | pay 0.0006% / 1h | 2m 09s | $141K | $120K | 25x |
| Short | BloFin EWY-USDT | 186.47 | 0.0006 | get 0.0006% / 8h | 2m 09s | $48K | $217K | 50x |
Entropy io:EWY
BloFin EWY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.27
- Price spread: +0.086% → +0.049%
- $3.71
- Slippage, 4 orders
- −$38.66
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.22
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 65 min ago; BloFin: live order book, 4 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 Entropy live order book, 65 min ago | 9.07 bp | 24.2 bp −$24 | 133.9 bp −$1,339 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.54 bp | 6.5 bp −$7 | 7.3 bp −$73 | 13.2 bp −$1,318 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −4.4720% | 1h | 186.33 | +0.011% | $28K | $15K | 20x | as long as short |
| Bitget EWYUSDT | −0.0610% | 8h | 186.52 | +0.113% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0031% | 1h | 185.92 | −0.209% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.45 | +0.074% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.40 | +0.050% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.42 | +0.059% | $27.0M | $83.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.46 | +0.081% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.42 | +0.059% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.49 | +0.097% | $4.1M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.43 | +0.064% | $7.9M | $4.4M | 100x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Vest EWY-USD-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.48 | +0.091% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.51 | +0.108% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.26 | −0.027% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.57 | +0.140% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.45 | +0.075% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDTshort | +0.0006% | 8h | 186.47 | +0.086% | $48K | $217K | 50x | |
| Lighter EWY | +0.0032% | 1h | 186.22 | −0.048% | $377K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.45 | +0.075% | $198K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.36 | +0.027% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 186.31 | long leg | $141K | $120K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.29 | −0.011% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.43 | +0.064% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.28 | −0.016% | $233K | $335K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.27 | −0.021% | $517K | $251K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.39 | +0.041% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.34 | +0.016% | $960K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.50 | +0.102% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.42 | +0.059% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0287% | 1h | 186.35 | +0.021% | $3K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0442% | 4h | 186.45 | +0.074% | $418K | $286K | 20x | as long as short |
Variational Omni EWY
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
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC