Funding you earn now, next payment 08:00 UTC−0.0256%/8h= −28.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.545%
Price spread now: Hotstuff against Popdex−0.117%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 −$8 a day on $10k at the current rate, and Hotstuff is 0.117% cheaper against Popdex than usual: you would sell low and buy high (−$12 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 | Popdex EWYUSDT | 187.26 | 0.0048 | pay 0.0006% / 1h | 53m 18s | $198K | $153K | 20x |
| Short | Hotstuff EWY-PERP | 187.04 | −0.0208 | pay 0.0026% / 1h | 53m 18s | $28K | $12K | 20x |
Popdex EWYUSDT
Hotstuff EWY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Popdex. 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
- −$53.76
- Price spread: −0.117% → 0.000%
- −$11.75
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$76.91
- Costs to cover
- 0.114%
- Break-even
- never at this rate
Slippage unknown: Popdex: live order book, 50 min ago; Hotstuff: 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 Popdex live order book, 50 min ago | 0.80 bp | 5.0 bp −$5 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | −0.0388% | 8h | 187.26 | 0.000% | $2.8M | $2.4M | 20x | as long as short |
| Hotstuff EWY-PERPshort | −0.0208% | 1h | 187.04 | −0.117% | $28K | $12K | 20x | |
| Aster EWYUSDT | 0.0000% | 8h | 187.10 | −0.083% | $290K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.08 | −0.093% | $238K | $684K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.13 | −0.069% | $27.3M | $82.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.16 | −0.053% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.07 | −0.101% | $4.1M | $4.4M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.27 | +0.005% | $4.0M | $4.2M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.16 | −0.053% | $8.5M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.06 | −0.107% | $1.2M | $1.1M | — | as long as short |
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.17 | −0.046% | $740K | $415K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.02 | −0.128% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.21 | −0.027% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.17 | −0.048% | $1.7M | $37K | 10x | as long as short |
| Vest EWY-USD-PERP | +0.0016% | 1h | 186.85 | −0.219% | — | $220K | 25x | as long as short |
| BloFin EWY-USDT | +0.0018% | 8h | 187.25 | −0.005% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.97 | −0.155% | $379K | $40K | 20x | as long as short |
| Popdex EWYUSDTlong | +0.0048% | 1h | 187.26 | long leg | $198K | $153K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.99 | −0.144% | $6.2M | $14.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.09 | −0.091% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.06 | −0.107% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.13 | −0.069% | $747 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.01 | −0.134% | $219K | $332K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 187.18 | −0.045% | $22 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 187.14 | −0.064% | $520K | $252K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.93 | −0.176% | $962K | $598K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.21 | −0.027% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.08 | −0.096% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0111% | 4h | 187.20 | −0.034% | $420K | $284K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0124% | 1h | 187.09 | −0.091% | $2K | $14K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Vest EWY-USD-PERP
BloFin EWY-USDT
Lighter EWY
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC
Deribit EWY_USDC-PERPETUAL