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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.003%
Price spread now: Entropy against Bitget−0.073%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Entropy is 0.073% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT190.490.0446pay 0.0446% / 8h7h 10m$2.7M$1.6M20x
ShortEntropy io:EWY190.350.0050get 0.0006% / 1h10m 29s$52K$57K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Bitget. 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
−$83.16
Price spread: −0.073% → 0.000%
−$7.35
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$120.51
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago0.26 bp10.7 bp −$1116.8 bp −$16836.5 bp −$3,648doesn'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 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−0.0200%1h190.42−0.037%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.48−0.005%$5.2M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.46−0.016%$4.0M$3.5M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.47−0.012%$754K$386K10xas long as short
SunX EWY-USDT0.0000%8h190.12−0.194%$2.6M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.22−0.142%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.80+0.163%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h190.41−0.042%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.31−0.094%$386K$64K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.63+0.073%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.46−0.016%$195K$141K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.39−0.052%$6.3M$14.8M20xas long as short
Entropy io:EWYshort+0.0050%1h190.35−0.073%$52K$57K25x
Polymarket Perps EWY-USD+0.0050%1h190.28−0.110%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.26−0.121%$496$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.32−0.089%$229K$236K10xas long as short
Paradex EWY-USD-PERP+0.0073%8h190.44−0.028%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.30−0.100%$981K$654K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.55+0.031%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.35−0.073%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h190.44−0.026%$531K$341K20xas long as short
OKX EWY-USDT-SWAP+0.0281%8h190.490.000%$4.2M$3.5M50xas long as short
Bitget EWYUSDTlong+0.0446%8h190.49long leg$2.7M$1.6M20x
Aster EWYUSDT+0.0484%8h190.43−0.030%$295K$12K20xas long as short
Variational Omni EWY+0.0577%8h190.30−0.098%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0581%8h190.29−0.105%$47K$214K50xas long as short
Binance EWYUSDT+0.0605%8h190.490.000%$28.6M$77.4M50xas long as short
MEXC EWY_USDT+0.0607%8h190.490.000%$7.4M$4.6M100xas long as short
Extended EWY_24_5-USD+0.0608%1h190.45−0.020%$304K$670K10xas long as short
edgeX EWYUSDC+0.0666%4h190.70+0.111%$427K$284K20xas long as short