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−0.0076%/8h= −8.3% APRpaid last 24h −0.015%
Price spread now: KuCoin against Deribit−0.048%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 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 against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.048% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL187.810.0176pay 0.0022% / 1h40m 46s$2K$14K20x
ShortKuCoin EWYUSDTM187.720.0100get 0.0100% / 8h1h 40m$966K$596K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$15.99
Price spread: −0.048% → 0.000%
−$4.79
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$39.78
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 59 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 Deribit no order-book sample
Sell KuCoin live order book, 59 min ago5.86 bp154.0 bp −$154doesn't fitdoesn't fitdoesn't fit
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
Bitget EWYUSDT−0.0146%8h187.91+0.053%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0011%8h187.87+0.032%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h187.810.000%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.82+0.004%$239K$498K10xas long as short
Binance EWYUSDT0.0000%8h187.87+0.033%$27.2M$81.9M50xas long as short
Bybit EWYUSDT0.0000%8h187.92+0.059%$4.9M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.88+0.037%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.86+0.027%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.85+0.021%$8.6M$4.5M100xas long as short
Variational Omni EWY0.0000%8h187.81+0.001%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h188.00+0.103%$744K$425K10xas long as short
SunX EWY-USDT0.0000%8h187.78−0.016%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.97+0.085%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.87+0.032%$1.7M$36K10xas long as short
Lighter EWY+0.0032%1h187.71−0.053%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0045%1h187.60−0.112%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.87+0.032%$197K$151K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.85+0.021%$522K$273K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.75−0.032%$6.4M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h187.78−0.016%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.66−0.080%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.80−0.005%$755$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.75−0.032%$224K$317K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h187.88+0.040%$235xas long as short
Hotstuff EWY-PERP+0.0080%1h187.77−0.021%$28K$12K20xas long as short
KuCoin EWYUSDTMshort+0.0100%8h187.72−0.048%$966K$596K20x
ApeX Omni EWYUSDT+0.0100%1h187.50−0.165%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.83+0.011%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUALlong+0.0176%1h187.81long leg$2K$14K20x
edgeX EWYUSDC+0.0599%4h187.98+0.090%$421K$286K20xas long as short