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+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h −0.555%
Price spread now: Hotstuff against Deribit+0.047%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hotstuff is 0.047% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL190.150get 0.0000% / 1h37m 28s$2K$13K20x
ShortHotstuff EWY-PERP190.240.0344get 0.0043% / 1h37m 28s$29K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Deribit. 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
$72.24
Price spread: +0.047% → 0.000%
$4.73
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$64.97
Costs to cover
0.120%
Break-even
0.7 days
Slippage unknown: Deribit: no order-book sample; Hotstuff: 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 Deribit no order-book sample
Sell Hotstuff no order-book sample
Deribit and Hotstuff: 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
Bybit EWYUSDT0.0000%8h190.32+0.089%$5.3M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.30+0.079%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.21+0.032%$753K$387K10xas long as short
SunX EWY-USDT0.0000%8h190.28+0.068%$2.7M20xas long as short
Deribit EWY_USDC-PERPETUALlong0.0000%1h190.15long leg$2K$13K20x
HTX EWY-USDT0.0000%8h190.17+0.011%$26K$28K20xas long as short
Phemex EWYUSDT0.0000%8h190.17+0.011%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.20+0.026%$379K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.44+0.153%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.28+0.068%$196K$142K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h190.08−0.037%$52K$58K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.14−0.005%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.19+0.021%$793$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.14−0.005%$241K$231K10xas long as short
tradeXYZ xyz:EWY+0.0053%1h190.23+0.042%$6.4M$14.9M20xas long as short
Paradex EWY-USD-PERP+0.0092%8h190.29+0.072%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.09−0.032%$980K$672K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.28+0.068%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.24+0.047%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.77−0.200%$530K$338K20xas long as short
Bitget EWYUSDT+0.0311%8h190.32+0.089%$2.7M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0320%8h190.33+0.095%$4.1M$3.6M50xas long as short
Hotstuff EWY-PERPshort+0.0344%1h190.24+0.047%$29K$12K20x
Aster EWYUSDT+0.0527%8h190.34+0.100%$295K$12K20xas long as short
Variational Omni EWY+0.0635%8h190.04−0.060%$1.2M$1.3Mas long as short
Binance EWYUSDT+0.0653%8h190.29+0.074%$28.7M$78.0M50xas long as short
Extended EWY_24_5-USD+0.0656%1h190.24+0.047%$301K$650K10xas long as short
MEXC EWY_USDT+0.0656%8h190.30+0.079%$7.6M$4.5M100xas long as short
BloFin EWY-USDT+0.0667%8h190.26+0.058%$47K$214K50xas long as short
edgeX EWYUSDC+0.0700%4h190.18+0.013%$426K$282K20xas long as short