Funding you earn now, next payment 10:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h −0.005%
Price spread now: Entropy against Paradex−0.050%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Entropy is 0.050% cheaper against Paradex than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex EWY-USD-PERP | 187.31 | 0.0060 | pay 0.0060% / 8h | 6h 54m | $22 | — | 5x |
| Short | Entropy io:EWY | 187.22 | 0.0036 | get 0.0004% / 1h | 54m 09s | $142K | $119K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Paradex. 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
- −$5.09
- Price spread: −0.050% → 0.000%
- −$5
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$32.08
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Entropy: live order book, 63 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 63 min ago | 10.21 bp | 30.0 bp −$30 | 128.2 bp −$1,282 | doesn't fit | doesn't fit |
Paradex: 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 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 | −0.0312% | 8h | 187.39 | +0.041% | $3.1M | $2.8M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0008% | 1h | 187.11 | −0.109% | $28K | $16K | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.15 | −0.089% | $290K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.30 | −0.005% | $241K | $901K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.41 | +0.053% | $26.8M | $82.7M | 50x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.33 | +0.009% | $4.0M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.43 | +0.062% | $4.0M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.40 | +0.046% | $7.5M | $4.1M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.63 | +0.168% | $1.2M | $909K | — | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.01 | −0.162% | — | $2.1M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWY-USDT | 0.0000% | 8h | 187.77 | +0.244% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.39 | +0.041% | $1.7M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0027% | 8h | 187.24 | −0.039% | $48K | $223K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.24 | −0.039% | $380K | $41K | 20x | as long as short |
| Entropy io:EWYshort | +0.0036% | 1h | 187.22 | −0.050% | $142K | $119K | 25x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.41 | +0.051% | — | $215K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.37 | +0.030% | $197K | $151K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.25 | −0.034% | $5.8M | $15.1M | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.25 | −0.034% | $4K | $5K | 20x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.33 | +0.009% | $234K | $312K | 10x | as long as short |
| GRVT EWY_USDT_Perp | +0.0058% | 8h | 187.74 | +0.225% | $736K | $414K | 10x | as long as short |
| Paradex EWY-USD-PERPlong | +0.0060% | 8h | 187.31 | long leg | $22 | — | 5x | |
| Deribit EWY_USDC-PERPETUAL | +0.0070% | 1h | 187.28 | −0.018% | $3K | $15K | 20x | as long as short |
| SoDEX EWY-USD | +0.0097% | 1h | 187.34 | +0.014% | $753 | $3K | 10x | as long as short |
| Bybit EWYUSDT | +0.0099% | 8h | 187.41 | +0.051% | $5.0M | $4.6M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.21 | −0.055% | $964K | $649K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.21 | −0.055% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.29 | −0.013% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 187.39 | +0.041% | $520K | $238K | 20x | as long as short |
| edgeX EWYUSDC | +0.0993% | 4h | 187.56 | +0.133% | $421K | $285K | 20x | as long as short |
Paradex EWY-USD-PERP
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
GRVT EWY_USDT_Perp
Deribit EWY_USDC-PERPETUAL
SoDEX EWY-USD
Bybit EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTX
edgeX EWYUSDC