EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.027%

Price spread now: Deribit against Entropy−0.037%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Entropy Short on Deribit

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Deribit is 0.037% cheaper against Entropy than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 6.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:EWY	187.80	0.0050	pay 0.0006% / 1h	41m 39s	$143K	$119K	25x
Short	Deribit EWY_USDC-PERPETUAL	187.73	0.0070	get 0.0009% / 1h	41m 39s	$2K	$14K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Entropy. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee EntropybpFee DeribitbpOrdersPrice spread, now −0.037%Rate

Funding earned: $4.14
Price spread: −0.037% → 0.000%: −$3.73
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$24.59
Costs to cover: 0.250%
Break-even: 48.6 days

Slippage unknown: Entropy: live order book, 35 min ago; Deribit: 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 Entropy live order book, 35 min ago	9.86 bp	25.2 bp −$25	131.9 bp −$1,319	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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
Bitget EWYUSDT	−0.0146%	8h	187.92	+0.064%	$2.7M	$2.3M	20x	as long as short
Aster EWYUSDT	0.0000%	8h	187.82	+0.009%	$291K	$12K	20x	as long as short
Extended EWY_24_5-USD	0.0000%	1h	187.80	0.000%	$239K	$498K	10x	as long as short
Binance EWYUSDT	0.0000%	8h	187.84	+0.021%	$27.2M	$81.9M	50x	as long as short
Bybit EWYUSDT	0.0000%	8h	187.92	+0.064%	$4.9M	$4.8M	100x	as long as short
OKX EWY-USDT-SWAP	0.0000%	8h	187.83	+0.016%	$4.1M	$4.3M	50x	as long as short
Gate EWY_USDT	0.0000%	8h	187.88	+0.043%	$4.0M	$4.3M	50x	as long as short
MEXC EWY_USDT	0.0000%	8h	187.87	+0.037%	$8.6M	$4.5M	100x	as long as short
Variational Omni EWY	0.0000%	8h	187.89	+0.049%	$1.2M	$1.1M	—	as long as short
GRVT EWY_USDT_Perp	0.0000%	8h	188.07	+0.144%	$744K	$425K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX EWY-USDT	0.0000%	8h	187.79	−0.005%	—	$2.5M	20x	as long as short
HTX EWY-USDT	0.0000%	8h	187.97	+0.091%	$22K	$35K	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	187.93	+0.069%	$1.7M	$36K	10x	as long as short
BloFin EWY-USDT	+0.0013%	8h	188.01	+0.112%	$48K	$216K	50x	as long as short
Lighter EWY	+0.0032%	1h	187.71	−0.048%	$380K	$40K	20x	as long as short
Vest EWY-USD-PERP	+0.0045%	1h	187.64	−0.085%	—	$220K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	187.90	+0.053%	$197K	$151K	20x	as long as short
Coinbase International EWY-PERP-INTX	+0.0048%	1h	187.85	+0.027%	$522K	$273K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	187.76	−0.021%	$6.4M	$14.4M	20x	as long as short
Entropy io:EWYlong	+0.0050%	1h	187.80	long leg	$143K	$119K	25x
Polymarket Perps EWY-USD	+0.0050%	1h	187.68	−0.064%	$4K	$126	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	187.83	+0.016%	$759	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	187.75	−0.027%	$224K	$317K	10x	as long as short
Paradex EWY-USD-PERP	+0.0059%	8h	187.88	+0.045%	$23	—	5x	as long as short
Deribit EWY_USDC-PERPETUALshort	+0.0070%	1h	187.73	−0.037%	$2K	$14K	20x
Hotstuff EWY-PERP	+0.0080%	1h	187.77	−0.016%	$28K	$12K	20x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	187.72	−0.043%	$966K	$596K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	187.50	−0.160%	$13K	$265K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	187.85	+0.027%	$2K	$1K	20x	as long as short
edgeX EWYUSDC	+0.0599%	4h	187.98	+0.095%	$421K	$286K	20x	as long as short