Funding you earn now, next payment 02:00 UTC−0.0365%/8h= −39.9% APRpaid last 24h −0.049%
Price spread now: Entropy against Variational Omni−0.063%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Entropy is 0.063% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 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 | Variational Omni EWY | 189.79 | 0.0415 | pay 0.0415% / 8h | 6h 17m | $1.2M | $1.1M | — |
| Short | Entropy io:EWY | 189.67 | 0.0050 | get 0.0006% / 1h | 17m 56s | $51K | $57K | 25x |
Variational Omni EWY
Entropy io:EWYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- −$76.57
- Price spread: −0.063% → 0.000%
- −$6.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$100.89
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Entropy: 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 Variational Omni RFQ quote, 1 min ago | 2.21 bp | doesn't fit | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell Entropy no order-book sample | — | — | — | — | — |
Entropy: 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 29 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 | −0.0024% | 1h | 189.52 | −0.142% | $28K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.82 | +0.016% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.78 | −0.005% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.89 | +0.054% | $751K | $389K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.67 | −0.063% | — | $2.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.65 | −0.074% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.90 | +0.058% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.79 | 0.000% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.65 | −0.074% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.81 | +0.011% | — | $220K | 25x | as long as short |
Hotstuff EWY-PERP
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 189.73 | −0.032% | $197K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.56 | −0.121% | $529K | $330K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.71 | −0.042% | $6.2M | $14.0M | 20x | as long as short |
| Entropy io:EWYshort | +0.0050% | 1h | 189.67 | −0.063% | $51K | $57K | 25x | |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.60 | −0.100% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.67 | −0.063% | $700 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.57 | −0.116% | $198K | $270K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0057% | 8h | 189.69 | −0.052% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.68 | −0.058% | $977K | $632K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.74 | −0.026% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.76 | −0.016% | $2K | $1K | 20x | as long as short |
| Bitget EWYUSDT | +0.0121% | 8h | 189.79 | 0.000% | $2.8M | $1.9M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0183% | 8h | 189.85 | +0.032% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0338% | 8h | 189.79 | 0.000% | $294K | $12K | 20x | as long as short |
| Variational Omni EWYlong | +0.0415% | 8h | 189.79 | long leg | $1.2M | $1.1M | — | |
| Extended EWY_24_5-USD | +0.0432% | 1h | 189.72 | −0.036% | $302K | $665K | 10x | as long as short |
| Binance EWYUSDT | +0.0433% | 8h | 189.77 | −0.009% | $28.3M | $77.5M | 50x | as long as short |
| MEXC EWY_USDT | +0.0434% | 8h | 189.79 | 0.000% | $7.0M | $4.2M | 100x | as long as short |
| edgeX EWYUSDC | +0.0715% | 4h | 189.77 | −0.011% | $425K | $283K | 20x | as long as short |
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Bitget EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
edgeX EWYUSDC