Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.039%
Price spread now: Entropy against Aster−0.075%52s7-day average · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.645% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Entropy is 0.075% cheaper against Aster than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.0 days of funding at the current rate (+$2 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EWYUSDT187.740get 0.0000% / 8h2h 14m$291K$12K20x
ShortEntropy io:EWY187.600.0050get 0.0006% / 1h14m 56s$125K$111K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.075% → 0.000%
−$7.48
Slippage, 4 orders
−$38.48
Fee Aster: 4 bp × 2 orders
−$8
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$61.46
Costs to cover
0.645%
Break-even
48.0 days
Slippage from Aster: live order book, 32 min ago; Entropy: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 32 min ago1.85 bp7.7 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Entropy live order book, 2 min ago9.86 bp24.6 bp −$25121.9 bp −$1,219doesn't fitdoesn't fit

EWY on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−0.0424%1h187.47−0.144%$28K$12K20xas long as short
Bitget EWYUSDT−0.0155%8h187.83+0.048%$2.6M$2.3M20xas long as short
BloFin EWY-USDT−0.0028%8h187.75+0.005%$48K$216K50xas long as short
Aster EWYUSDTlong0.0000%8h187.74long leg$291K$12K20x
Extended EWY_24_5-USD0.0000%1h187.68−0.032%$240K$500K10xas long as short
Binance EWYUSDT0.0000%8h187.75+0.005%$27.3M$80.7M50xas long as short
Bybit EWYUSDT0.0000%8h187.81+0.037%$4.9M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.68−0.032%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.79+0.026%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h187.78+0.021%$8.9M$4.2M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.52−0.115%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.93+0.099%$743K$426K10xas long as short
SunX EWY-USDT0.0000%8h187.62−0.064%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.83+0.048%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.75+0.005%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h187.50−0.128%$380K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.55−0.101%$522K$278K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.30−0.235%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.59−0.080%$197K$149K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.64−0.053%$6.3M$14.5M20xas long as short
Entropy io:EWYshort+0.0050%1h187.60−0.075%$125K$111K25x
Polymarket Perps EWY-USD+0.0050%1h187.40−0.181%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.56−0.096%$731$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.56−0.096%$214K$316K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h187.55−0.100%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.57−0.091%$966K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.56−0.096%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.62−0.064%$2K$1K20xas long as short
edgeX EWYUSDC+0.0144%4h187.75+0.006%$421K$285K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0177%1h187.51−0.123%$2K$14K20xas long as short