Funding you earn now, next payment 00:00 UTC−0.0482%/8h= −52.8% APRnext payment −$4.82 per $10,000 · paid last 24h +0.031%
Price spread now: Bybit against Variational Omni+0.122%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.050%+$5 on $10k
+Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.122%, 7d avg +0.018%
=Together, before fees−0.051%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.104% dearer against Variational Omni than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of +0.018%): +$10 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 3 days funding on this pair paid +0.050%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.050% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni EWY | 189.18 | 0.0574 | pay 0.0574% / 8h | 1h 03m | $1.5M | $983K | — |
| Short | Bybit EWYUSDT | 189.41 | 0.0091 | get 0.0091% / 8h | 1h 03m | $5.2M | $4.1M | 100x |
Variational Omni EWY
Bybit EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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
- −$101.26
- Price spread: +0.122% → +0.018%
- $10.42
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$101.84
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bybit: live order book, 9 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 Variational Omni RFQ quote, 1 min ago | 2.25 bp | doesn't fit | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 0.26 bp | 8.8 bp −$9 | 13.2 bp −$132 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | 0.0000% | 1h | 189.21 | +0.016% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.23 | +0.027% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.10 | −0.042% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.24 | +0.032% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.16 | −0.010% | $376K | $100K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.28 | +0.053% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.31 | +0.069% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.18 | 0.000% | $52K | $52K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.14 | −0.021% | $4K | $74 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.23 | +0.027% | $785 | $3K | 10x | as long as short |
Hotstuff EWY-PERP
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.16 | −0.010% | $221K | $182K | 10x | as long as short |
| tradeXYZ xyz:EWY | +0.0074% | 1h | 189.25 | +0.037% | $6.4M | $14.8M | 20x | as long as short |
| Bybit EWYUSDTshort | +0.0091% | 8h | 189.41 | +0.122% | $5.2M | $4.1M | 100x | |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.17 | −0.005% | $964K | $719K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.11 | −0.037% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.23 | +0.027% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.24 | +0.032% | $525K | $332K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0129% | 8h | 189.28 | +0.056% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0177% | 8h | 189.35 | +0.090% | $2.5M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0200% | 8h | 189.25 | +0.037% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0246% | 8h | 189.41 | +0.122% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0384% | 1h | 189.27 | +0.048% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0491% | 8h | 189.23 | +0.025% | $293K | $12K | 20x | as long as short |
| Variational Omni EWYlong | +0.0574% | 8h | 189.18 | long leg | $1.5M | $983K | — | |
| BloFin EWY-USDT | +0.0591% | 8h | 189.25 | +0.037% | $47K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0600% | 1h | 189.25 | +0.040% | $304K | $392K | 10x | as long as short |
| Binance EWYUSDT | +0.0602% | 8h | 189.30 | +0.063% | $28.5M | $79.5M | 50x | as long as short |
| MEXC EWY_USDT | +0.0603% | 8h | 189.30 | +0.064% | $7.5M | $4.5M | 100x | as long as short |
| GRVT EWY_USDT_Perp | +0.0648% | 8h | 189.26 | +0.040% | $749K | $401K | 10x | as long as short |
| edgeX EWYUSDC | +0.0746% | 4h | 189.21 | +0.015% | $424K | $275K | 20x | as long as short |
Ondo Perps EWY-USD.P
tradeXYZ xyz:EWY
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
GRVT EWY_USDT_Perp
edgeX EWYUSDC