Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: Gate against Entropy+0.032%7-day average +0.053% · 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−$79as in the Price arb table
costs, in and out, $10k−$770.766% of the position
Funding, last 4 days (all we have)−0.191%−$19 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now +0.032%, 7d avg +0.053%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.021% cheaper against Entropy than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 187.61 | 0.0050 | pay 0.0006% / 1h | 21m 11s | $142K | $119K | 25x |
| Short | Gate EWY_USDT | 187.67 | 0 | get 0.0000% / 8h | 1h 21m | $4.0M | $4.3M | 50x |
Entropy io:EWY
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.032% → +0.053%
- −$2.12
- Slippage, 4 orders
- −$43.55
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$89.17
- Costs to cover
- 0.766%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 56 min ago; Gate: live order book, 2 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, 56 min ago | 9.86 bp | 25.2 bp −$25 | 131.9 bp −$1,319 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.19 bp | 15.5 bp −$15 | 33.5 bp −$335 | 50.6 bp −$5,062 | 83.9 bp −$42.0K |
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 | −0.0242% | 8h | 187.66 | +0.027% | $2.7M | $2.3M | 20x | as long as short |
| BloFin EWY-USDT | −0.0008% | 8h | 187.76 | +0.080% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.66 | +0.028% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.58 | −0.013% | $239K | $501K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.63 | +0.011% | $27.1M | $81.6M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.67 | +0.032% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.58 | −0.016% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 187.67 | +0.032% | $4.0M | $4.3M | 50x | |
| MEXC EWY_USDT | 0.0000% | 8h | 187.63 | +0.011% | $8.5M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.79 | +0.097% | $1.2M | $1.1M | — | as long as short |
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.73 | +0.062% | $742K | $420K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.62 | +0.005% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.73 | +0.064% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.64 | +0.016% | $1.7M | $36K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.52 | −0.048% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0042% | 1h | 187.43 | −0.096% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.63 | +0.011% | $197K | $152K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 187.60 | −0.005% | $521K | $272K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.54 | −0.037% | $6.3M | $14.2M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 187.61 | long leg | $142K | $119K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.50 | −0.059% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.59 | −0.011% | $753 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.46 | −0.080% | $223K | $323K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.76 | +0.081% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0070% | 1h | 187.60 | −0.005% | $2K | $14K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.49 | −0.064% | $965K | $594K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.67 | +0.032% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.64 | +0.016% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0510% | 4h | 187.78 | +0.088% | $421K | $285K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0536% | 1h | 187.67 | +0.032% | $28K | $12K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
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
Deribit EWY_USDC-PERPETUAL
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC
Hotstuff EWY-PERP