Funding you earn now, next payment 10:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.012%
Price spread now: Phemex against Vest−0.143%7-day average −0.055% · 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)−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.143%, 7d avg −0.055%
=Together, before fees+0.045%+ Points / potential airdropVest: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phemex is 0.088% cheaper against Vest than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest EWY-USD-PERP | 188.75 | 0.0046 | pay 0.0006% / 1h | 1m 51s | — | $215K | 25x |
| Short | Phemex EWYUSDT | 188.48 | 0 | get 0.0000% / 8h | 6h 01m | $1.7M | $37K | 10x |
Vest EWY-USD-PERP
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Vest. 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
- −$9.59
- Price spread: −0.143% → −0.055%
- −$8.8
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$32.4
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Phemex: live order book, 4 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 Vest no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 4 min ago | 5.03 bp | 64.5 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −5.8320% | 1h | 187.45 | −0.689% | $28K | $16K | 20x | as long as short |
| Bitget EWYUSDT | −0.0021% | 8h | 188.52 | −0.122% | $3.1M | $3.1M | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.53 | −0.117% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.43 | −0.170% | $4.0M | $4.9M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.22 | −0.281% | — | $1.8M | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 188.48 | −0.143% | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 188.37 | −0.201% | $382K | $45K | 20x | as long as short |
| Vest EWY-USD-PERPlong | +0.0046% | 1h | 188.75 | long leg | — | $215K | 25x | |
| Popdex EWYUSDT | +0.0048% | 1h | 188.44 | −0.164% | $201K | $166K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.35 | −0.212% | $5.9M | $15.4M | 20x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
SunX EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWYShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 188.49 | −0.138% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.65 | −0.053% | $4K | $5K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.49 | −0.138% | $765 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.40 | −0.185% | $227K | $314K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 188.75 | −0.001% | $23 | — | 5x | as long as short |
| Aster EWYUSDT | +0.0059% | 8h | 188.45 | −0.161% | $292K | $14K | 20x | as long as short |
| Gate EWY_USDT | +0.0087% | 8h | 188.57 | −0.095% | $4.0M | $4.8M | 50x | as long as short |
| Variational Omni EWY | +0.0100% | 8h | 188.82 | +0.037% | $1.1M | $931K | — | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.35 | −0.212% | $969K | $690K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.59 | −0.085% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.51 | −0.127% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 188.41 | −0.180% | $523K | $246K | 20x | as long as short |
| BloFin EWY-USDT | +0.0145% | 8h | 188.81 | +0.032% | $48K | $233K | 50x | as long as short |
| MEXC EWY_USDT | +0.0147% | 8h | 188.45 | −0.159% | $7.2M | $4.4M | 100x | as long as short |
| Binance EWYUSDT | +0.0150% | 8h | 188.50 | −0.132% | $26.3M | $86.3M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0152% | 1h | 188.39 | −0.189% | $235K | $909K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0175% | 1h | 188.49 | −0.138% | $3K | $13K | 20x | as long as short |
| HTX EWY-USDT | +0.0307% | 8h | 188.80 | +0.026% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0812% | 8h | 188.39 | −0.190% | $739K | $407K | 10x | as long as short |
| edgeX EWYUSDC | +0.0911% | 4h | 188.78 | +0.013% | $423K | $286K | 20x | as long as short |
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Aster EWYUSDT
Gate EWY_USDT
Variational Omni EWY
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
BloFin EWY-USDT
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
GRVT EWY_USDT_Perp
edgeX EWYUSDC