Funding you earn now, next payment 10:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h −0.052%
Price spread now: Entropy against MEXC−0.075%7-day average −0.046% · 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−$45as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 4 days (all we have)+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now −0.075%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Entropy is 0.029% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.046%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWY_USDT | 187.84 | 0.0073 | pay 0.0073% / 8h | 6h 15m | $7.4M | $4.3M | 100x |
| Short | Entropy io:EWY | 187.70 | 0.0050 | get 0.0006% / 1h | 15m 13s | $142K | $119K | 25x |
MEXC EWY_USDT
Entropy io:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against MEXC. 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
- −$4.83
- Price spread: −0.075% → −0.046%
- −$2.86
- Slippage, 4 orders
- −$23.88
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$49.57
- Costs to cover
- 0.419%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Entropy: live order book, 26 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 MEXC live order book, 1 min ago | 0.27 bp | 0.3 bp $0 | 0.9 bp −$9 | 5.0 bp −$496 | 144.8 bp −$72.4K |
| Sell Entropy live order book, 26 min ago | 9.32 bp | 21.1 bp −$21 | doesn't fit | 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 | −0.0432% | 1h | 187.73 | −0.059% | $28K | $16K | 20x | as long as short |
| Bitget EWYUSDT | −0.0092% | 8h | 187.87 | +0.016% | $3.1M | $2.9M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.76 | −0.044% | $291K | $14K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.92 | +0.043% | $5.0M | $4.7M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.85 | +0.005% | $4.0M | $4.7M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.56 | −0.149% | — | $1.8M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.83 | −0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.69 | −0.080% | $381K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.96 | +0.064% | — | $215K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.94 | +0.053% | $200K | $165K | 20x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Aster EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | +0.0048% | 8h | 187.83 | −0.003% | $1.2M | $909K | — | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.74 | −0.053% | $5.8M | $15.2M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 187.70 | −0.075% | $142K | $119K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.97 | +0.069% | $4K | $5K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.82 | −0.011% | $766 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.43 | −0.218% | $226K | $312K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 187.99 | +0.079% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0070% | 1h | 187.81 | −0.016% | $3K | $14K | 20x | as long as short |
| MEXC EWY_USDTlong | +0.0073% | 8h | 187.84 | long leg | $7.4M | $4.3M | 100x | |
| Binance EWYUSDT | +0.0080% | 8h | 187.84 | 0.000% | $26.3M | $83.3M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0080% | 1h | 187.80 | −0.020% | $234K | $909K | 10x | as long as short |
| BloFin EWY-USDT | +0.0082% | 8h | 187.85 | +0.005% | $48K | $229K | 50x | as long as short |
| Gate EWY_USDT | +0.0082% | 8h | 188.00 | +0.085% | $4.0M | $4.6M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.65 | −0.101% | $965K | $681K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.71 | −0.069% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.87 | +0.016% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 187.79 | −0.027% | $521K | $246K | 20x | as long as short |
| HTX EWY-USDT | +0.0253% | 8h | 187.74 | −0.053% | $22K | $35K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0727% | 8h | 187.66 | −0.094% | $735K | $409K | 10x | as long as short |
| edgeX EWYUSDC | +0.0941% | 4h | 187.67 | −0.091% | $421K | $287K | 20x | as long as short |
Variational Omni EWY
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
GRVT EWY_USDT_Perp
edgeX EWYUSDC