Funding you earn now, next payment 02:00 UTC+0.0365%/8h= +39.9% APRpaid last 24h +0.049%
Price spread now: Variational Omni against Entropy+0.053%7-day average — · you sell dearer than you buy
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Variational Omni is 0.053% dearer against Entropy than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 189.69 | 0.0050 | pay 0.0006% / 1h | 16m 47s | $51K | $57K | 25x |
| Short | Variational Omni EWY | 189.79 | 0.0415 | get 0.0415% / 8h | 6h 16m | $1.2M | $1.1M | — |
Entropy io:EWY
Variational Omni EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- $76.57
- Price spread: +0.053% → 0.000%
- $5.27
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $63.84
- Costs to cover
- 0.180%
- Break-even
- 1.2 days
Slippage unknown: Entropy: no order-book sample; Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 2.21 bp | doesn't fit | 5.5 bp −$55 | 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 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 189.84 | +0.079% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.80 | +0.058% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.59 | −0.051% | $749K | $389K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.75 | +0.032% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.90 | +0.111% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.85 | +0.084% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.65 | −0.021% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.87 | +0.095% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.79 | +0.053% | $197K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.56 | −0.069% | $529K | $330K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTXShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.74 | +0.026% | $6.2M | $14.0M | 20x | as long as short |
| Entropy io:EWYlong | +0.0050% | 1h | 189.69 | long leg | $51K | $57K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.70 | +0.005% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.75 | +0.032% | $705 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.57 | −0.063% | $198K | $270K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0057% | 8h | 189.80 | +0.060% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0066% | 1h | 189.73 | +0.021% | $2K | $13K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.70 | +0.005% | $977K | $631K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.61 | −0.042% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.77 | +0.042% | $2K | $1K | 20x | as long as short |
| Bitget EWYUSDT | +0.0114% | 8h | 189.80 | +0.058% | $2.8M | $1.9M | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0128% | 1h | 189.75 | +0.032% | $28K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0183% | 8h | 189.81 | +0.063% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0332% | 8h | 189.80 | +0.057% | $294K | $12K | 20x | as long as short |
| Variational Omni EWYshort | +0.0415% | 8h | 189.79 | +0.053% | $1.2M | $1.1M | — | |
| Binance EWYUSDT | +0.0426% | 8h | 189.84 | +0.077% | $28.3M | $77.5M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0432% | 1h | 189.77 | +0.040% | $302K | $665K | 10x | as long as short |
| MEXC EWY_USDT | +0.0432% | 8h | 189.80 | +0.058% | $7.0M | $4.2M | 100x | as long as short |
| edgeX EWYUSDC | +0.0859% | 4h | 189.61 | −0.041% | $425K | $283K | 20x | as long as short |
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
Bitget EWYUSDT
Hotstuff EWY-PERP
OKX EWY-USDT-SWAP
Aster EWYUSDT
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
edgeX EWYUSDC