Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Orderly against tradeXYZ+0.021%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
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.021% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWY | 190.14 | 0.0050 | pay 0.0006% / 1h | 23m 34s | $6.1M | $13.9M | 20x |
| Short | Orderly PERP_EWY_USDC_mythos | 190.18 | 0.0100 | get 0.0100% / 8h | 5h 23m | $2K | $1K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against tradeXYZ. 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
- $10.5
- Price spread: +0.021% → 0.000%
- $2.1
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$11.4
- Costs to cover
- 0.240%
- Break-even
- 14.6 days
Slippage unknown: tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 0.26 bp | 10.6 bp −$11 | 13.7 bp −$137 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.26 | +0.063% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.23 | +0.047% | $4.1M | $3.7M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.11 | −0.016% | $751K | $391K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.16 | +0.011% | — | $2.5M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.20 | +0.032% | $531K | $312K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.15 | +0.005% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.28 | +0.074% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.97 | −0.089% | $385K | $39K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0032% | 1h | 190.14 | 0.000% | $29K | $12K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.33 | +0.100% | — | $220K | 25x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.23 | +0.047% | $198K | $145K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 190.14 | long leg | $6.1M | $13.9M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 190.11 | −0.016% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.06 | −0.042% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.13 | −0.005% | $749 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.06 | −0.042% | $198K | $265K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 190.25 | +0.059% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0059% | 8h | 190.26 | +0.063% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.18 | +0.021% | $981K | $628K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.08 | −0.032% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythosshort | +0.0100% | 8h | 190.18 | +0.021% | $2K | $1K | 20x | |
| OKX EWY-USDT-SWAP | +0.0105% | 8h | 190.29 | +0.079% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0190% | 8h | 190.22 | +0.040% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0237% | 8h | 190.09 | −0.028% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0262% | 8h | 190.26 | +0.062% | $28.4M | $77.0M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0264% | 1h | 190.21 | +0.035% | $302K | $665K | 10x | as long as short |
| MEXC EWY_USDT | +0.0266% | 8h | 190.25 | +0.058% | $6.5M | $4.2M | 100x | as long as short |
| BloFin EWY-USDT | +0.0289% | 8h | 190.08 | −0.032% | $48K | $214K | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0329% | 1h | 190.10 | −0.021% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0946% | 4h | 190.08 | −0.029% | $426K | $283K | 20x | as long as short |
tradeXYZ xyz:EWY
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC