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: Entropy against Ondo Perps+0.106%7-day average +0.044% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.115%+$11 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.106%, 7d avg +0.044%
=Together, before fees−0.017%+ Points / potential airdropOndo Perps: Active · farm board−$2 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: Entropy is 0.063% dearer against Ondo Perps than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps EWY-USD.P | 188.43 | 0.0050 | pay 0.0006% / 1h | 44m 55s | $226K | $316K | 10x |
| Short | Entropy io:EWY | 188.63 | 0.0050 | get 0.0006% / 1h | 44m 55s | $143K | $118K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Ondo Perps. 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
- −$0.08
- Price spread: +0.106% → +0.044%
- $6.25
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$16.83
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Entropy: live order book, 57 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 57 min ago | 9.32 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
Ondo Perps: 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 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 | 188.40 | −0.016% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.56 | +0.069% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.59 | +0.085% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.56 | +0.069% | $3.1M | $3.1M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.27 | −0.085% | — | $1.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.62 | +0.101% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.40 | −0.016% | $382K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.64 | +0.111% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.61 | +0.096% | $201K | $167K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.53 | +0.053% | $5.9M | $15.5M | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWYshort | +0.0050% | 1h | 188.63 | +0.106% | $143K | $118K | 25x | |
| SoDEX EWY-USD | +0.0050% | 1h | 188.58 | +0.080% | $775 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.Plong | +0.0050% | 1h | 188.43 | long leg | $226K | $316K | 10x | |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 188.69 | +0.140% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0088% | 1h | 188.37 | −0.032% | $523K | $252K | 20x | as long as short |
| edgeX EWYUSDC | +0.0089% | 4h | 188.82 | +0.207% | $423K | $290K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0093% | 1h | 188.70 | +0.143% | $4K | $7K | 20x | as long as short |
| Gate EWY_USDT | +0.0094% | 8h | 188.65 | +0.117% | $4.0M | $4.8M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.43 | 0.000% | $969K | $704K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.84 | +0.218% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.56 | +0.069% | $2K | $1K | 20x | as long as short |
| Aster EWYUSDT | +0.0146% | 8h | 188.46 | +0.014% | $292K | $14K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0175% | 1h | 188.53 | +0.053% | $3K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0205% | 8h | 188.62 | +0.099% | $1.1M | $941K | — | as long as short |
| MEXC EWY_USDT | +0.0231% | 8h | 188.60 | +0.090% | $7.4M | $4.3M | 100x | as long as short |
| Binance EWYUSDT | +0.0237% | 8h | 188.58 | +0.080% | $26.2M | $86.6M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0240% | 1h | 188.54 | +0.057% | $247K | $935K | 10x | as long as short |
| BloFin EWY-USDT | +0.0250% | 8h | 188.62 | +0.101% | $48K | $237K | 50x | as long as short |
| HTX EWY-USDT | +0.0409% | 8h | 188.94 | +0.271% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0912% | 8h | 188.84 | +0.219% | $740K | $408K | 10x | as long as short |
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
SoDEX EWY-USD
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
edgeX EWYUSDC
Polymarket Perps EWY-USD
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Aster EWYUSDT
Deribit EWY_USDC-PERPETUAL
Variational Omni EWY
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT
HTX EWY-USDT
GRVT EWY_USDT_Perp