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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0317%/8h= +34.7% APRnext payment +$0.40 per $10,000 · paid last 24h +0.018%
Price spread now: Deribit against Coinbase International+0.069%7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.069% dearer against Coinbase International than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EWY-PERP-INTX189.190.0120pay 0.0015% / 1h18m 33s$525K$332K20x
ShortDeribit EWY_USDC-PERPETUAL189.320.0437get 0.0055% / 1h18m 33s$2K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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
$66.6
Price spread: +0.069% → 0.000%
$6.87
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$56.47
Costs to cover
0.170%
Break-even
1.1 days
Slippage unknown: Coinbase International: live order book, 65 min ago; Deribit: 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 Coinbase International live order book, 65 min ago0.26 bp7.9 bp −$814.2 bp −$142doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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
Gate EWY_USDT0.0000%8h189.26+0.037%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h188.92−0.143%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.29+0.053%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.18−0.005%$377K$96K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.35+0.085%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.24+0.026%$194K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.22+0.016%$50K$41K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.12−0.037%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h189.29+0.053%$781$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.22+0.016%$221K$181K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0064%1h189.25+0.032%$6.4M$14.8M20xas long as short
Bybit EWYUSDT+0.0066%8h189.40+0.111%$5.2M$4.1M100xas long as short
KuCoin EWYUSDTM+0.0100%8h189.190.000%$959K$726K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.30+0.058%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.30+0.058%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTXlong+0.0120%1h189.19long leg$525K$332K20x
Paradex EWY-USD-PERP+0.0160%8h189.43+0.124%$235xas long as short
Bitget EWYUSDT+0.0186%8h189.32+0.069%$2.5M$1.5M20xas long as short
Hotstuff EWY-PERP+0.0216%1h189.25+0.032%$28K$12K20xas long as short
HTX EWY-USDT+0.0233%8h189.35+0.085%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0242%8h189.36+0.090%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUALshort+0.0437%1h189.32+0.069%$2K$13K20x
Aster EWYUSDT+0.0507%8h189.14−0.029%$293K$12K20xas long as short
edgeX EWYUSDC+0.0552%4h189.29+0.053%$424K$275K20xas long as short
Variational Omni EWY+0.0563%8h189.28+0.048%$1.4M$889Kas long as short
BloFin EWY-USDT+0.0596%8h189.30+0.058%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0608%1h189.23+0.023%$304K$392K10xas long as short
MEXC EWY_USDT+0.0609%8h189.26+0.037%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0615%8h189.27+0.042%$28.5M$79.4M50xas long as short
GRVT EWY_USDT_Perp+0.0683%8h189.31+0.066%$749K$401K10xas long as short