Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Phemex+0.016%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex EWYUSDT | 188.09 | 0 | get 0.0000% / 8h | 4h 05m | $1.7M | $37K | 10x |
| Short | Orderly PERP_EWY_USDC_mythos | 188.12 | 0.0100 | get 0.0100% / 8h | 4h 05m | $2K | $1K | 20x |
Phemex EWYUSDT
Orderly PERP_EWY_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Phemex. 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
- $21
- Price spread: +0.016% → 0.000%
- $1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $4.59
- Costs to cover
- 0.180%
- Break-even
- 5.5 days
Slippage unknown: Phemex: live order book, 6 min ago; Orderly: no order-book sample. 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 Phemex live order book, 6 min ago | 0.80 bp | 56.9 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 188.09 | 0.000% | $5.0M | $5.1M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.09 | 0.000% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.09 | 0.000% | $3.3M | $3.4M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.82 | −0.144% | — | $1.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 188.00 | −0.048% | $3K | $8K | 20x | as long as short |
| Phemex EWYUSDTlong | 0.0000% | 8h | 188.09 | long leg | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 187.89 | −0.106% | $381K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.09 | 0.000% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.07 | −0.011% | $202K | $177K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.19 | +0.053% | $523K | $255K | 20x | as long as short |
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTXShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.95 | −0.074% | $5.8M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.05 | −0.021% | $160K | $128K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.07 | −0.011% | $762 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.97 | −0.064% | $205K | $337K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 188.13 | +0.021% | $23 | — | 5x | as long as short |
| Gate EWY_USDT | +0.0083% | 8h | 188.16 | +0.037% | $3.9M | $5.1M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.96 | −0.069% | $967K | $774K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.22 | +0.069% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythosshort | +0.0100% | 8h | 188.12 | +0.016% | $2K | $1K | 20x | |
| Polymarket Perps EWY-USD | +0.0245% | 1h | 188.20 | +0.058% | $4K | $10K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0296% | 1h | 188.10 | +0.005% | $28K | $17K | 20x | as long as short |
| Aster EWYUSDT | +0.0522% | 8h | 188.07 | −0.010% | $291K | $14K | 20x | as long as short |
| HTX EWY-USDT | +0.0527% | 8h | 188.07 | −0.011% | $22K | $36K | 20x | as long as short |
| Variational Omni EWY | +0.0596% | 8h | 188.16 | +0.039% | $1.1M | $944K | — | as long as short |
| MEXC EWY_USDT | +0.0630% | 8h | 188.00 | −0.048% | $6.7M | $4.8M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0632% | 1h | 187.93 | −0.088% | $247K | $1.5M | 10x | as long as short |
| Binance EWYUSDT | +0.0633% | 8h | 188.00 | −0.047% | $25.9M | $87.2M | 50x | as long as short |
| BloFin EWY-USDT | +0.0650% | 8h | 188.13 | +0.021% | $48K | $249K | 50x | as long as short |
| edgeX EWYUSDC | +0.0836% | 4h | 188.18 | +0.049% | $422K | $295K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.1007% | 8h | 188.31 | +0.116% | $738K | $413K | 10x | as long as short |
tradeXYZ xyz:EWY
Entropy io:EWY
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Gate EWY_USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Polymarket Perps EWY-USD
Hotstuff EWY-PERP
Aster EWYUSDT
HTX EWY-USDT
Variational Omni EWY
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
BloFin EWY-USDT
edgeX EWYUSDC
GRVT EWY_USDT_Perp