Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: tradeXYZ against Entropy−0.069%7-day average −0.030% · 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−$66as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 4 days (all we have)−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)+0.155%+$16 · spread now −0.069%, 7d avg −0.030%
=Together, before fees+0.028%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.039% cheaper against Entropy than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 188.60 | 0.0050 | pay 0.0006% / 1h | 42m 50s | $143K | $118K | 25x |
| Short | tradeXYZ xyz:EWY | 188.47 | 0.0050 | get 0.0006% / 1h | 42m 50s | $5.9M | $15.5M | 20x |
Entropy io:EWY
tradeXYZ xyz:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0
- Price spread: −0.069% → −0.030%
- −$3.91
- Slippage, 4 orders
- −$26.29
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$66.2
- Costs to cover
- 0.623%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 59 min ago; tradeXYZ: live order book, 9 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, 59 min ago | 9.32 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.53 bp | 10.0 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn't fit |
EWY on 30 exchanges
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 | −8.0000% | 1h | 188.03 | −0.302% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.63 | +0.016% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.62 | +0.011% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.63 | +0.016% | $3.1M | $3.1M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.27 | −0.175% | — | $1.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.61 | +0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.45 | −0.080% | $382K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.60 | 0.000% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.58 | −0.011% | $201K | $167K | 20x | as long as short |
| tradeXYZ xyz:EWYshort | +0.0050% | 1h | 188.47 | −0.069% | $5.9M | $15.5M | 20x |
Hotstuff EWY-PERP
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWYlong | +0.0050% | 1h | 188.60 | long leg | $143K | $118K | 25x | |
| SoDEX EWY-USD | +0.0050% | 1h | 188.55 | −0.027% | $778 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.43 | −0.090% | $226K | $316K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 188.68 | +0.045% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0088% | 1h | 188.46 | −0.074% | $523K | $253K | 20x | as long as short |
| Gate EWY_USDT | +0.0091% | 8h | 188.63 | +0.016% | $4.0M | $4.8M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.39 | −0.111% | $968K | $707K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.62 | +0.011% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.59 | −0.005% | $2K | $1K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0115% | 1h | 188.72 | +0.064% | $4K | $7K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0121% | 1h | 188.57 | −0.016% | $3K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0153% | 8h | 188.48 | −0.062% | $292K | $14K | 20x | as long as short |
| Variational Omni EWY | +0.0205% | 8h | 188.62 | +0.009% | $1.1M | $941K | — | as long as short |
| BloFin EWY-USDT | +0.0230% | 8h | 188.60 | 0.000% | $48K | $237K | 50x | as long as short |
| MEXC EWY_USDT | +0.0244% | 8h | 188.59 | −0.005% | $7.4M | $4.3M | 100x | as long as short |
| Binance EWYUSDT | +0.0248% | 8h | 188.61 | +0.006% | $26.2M | $86.6M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0248% | 1h | 188.52 | −0.044% | $247K | $935K | 10x | as long as short |
| edgeX EWYUSDC | +0.0391% | 4h | 188.54 | −0.029% | $423K | $291K | 20x | as long as short |
| HTX EWY-USDT | +0.0424% | 8h | 188.94 | +0.180% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0912% | 8h | 188.84 | +0.129% | $740K | $408K | 10x | as long as short |
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Polymarket Perps EWY-USD
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
edgeX EWYUSDC
HTX EWY-USDT
GRVT EWY_USDT_Perp