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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h +0.055%
Price spread now: Variational Omni against Coinbase International+0.010%7-day average +0.069% · 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)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.010%, 7d avg +0.069%
Together, before fees+0.025%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.059% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EWY-PERP-INTX187.240.0056pay 0.0007% / 1h39m 39s$520K$248K20x
ShortVariational Omni EWY187.260get 0.0000% / 8h39m 39s$1.2M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$11.76
Price spread: +0.010% → +0.069%
−$5.93
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$27.69
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 63 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 63 min ago3.99 bp9.0 bp −$913.4 bp −$134doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.22 bpdoesn't fit4.7 bp −$47doesn'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
Bitget EWYUSDT−0.0416%8h187.23−0.005%$2.8M$2.5M20xas long as short
BloFin EWY-USDT−0.0019%8h187.33+0.048%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h187.23−0.008%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.08−0.086%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h187.17−0.038%$27.2M$82.5M50xas long as short
Bybit EWYUSDT0.0000%8h187.20−0.021%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.06−0.096%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h187.20−0.021%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.12−0.064%$8.5M$4.4M100xas long as short
Variational Omni EWYshort0.0000%8h187.26+0.010%$1.2M$1.1M
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.28+0.023%$740K$416K10xas long as short
SunX EWY-USDT0.0000%8h187.07−0.091%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.17−0.037%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.25+0.005%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.19−0.027%$1.7M$37K10xas long as short
Vest EWY-USD-PERP+0.0003%1h186.83−0.219%$220K25xas long as short
Lighter EWY+0.0032%1h187.06−0.096%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.17−0.037%$197K$152K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.98−0.139%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.06−0.096%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.02−0.117%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h187.13−0.059%$754$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.18−0.032%$223K$332K10xas long as short
Coinbase International EWY-PERP-INTXlong+0.0056%1h187.24long leg$520K$248K20x
Paradex EWY-USD-PERP+0.0058%8h187.12−0.063%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.98−0.139%$963K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.33+0.048%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.20−0.021%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0160%1h187.06−0.096%$28K$12K20xas long as short
edgeX EWYUSDC+0.0809%4h187.28+0.020%$420K$285K20xas long as short