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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0262%/8h= +28.7% APRpaid last 24h −0.010%
Price spread now: OKX against Deribit+0.042%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 +$8 a day on $10k at the current rate, and OKX is 0.042% dearer against Deribit than usual: you sell high and buy low: +$4 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-PERPETUAL190.23−0.0118get 0.0015% / 1h53m 05s$2K$13K20x
ShortOKX EWY-USDT-SWAP190.310.0144get 0.0144% / 8h5h 53m$4.1M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$55
Price spread: +0.042% → 0.000%
$4.21
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee OKX: 5 bp × 2 orders
−$10
Net
$42.2
Costs to cover
0.170%
Break-even
1.6 days
Slippage unknown: Deribit: no order-book sample; OKX: live order book, 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 Deribit no order-book sample
Sell OKX live order book, 4 min ago0.26 bp6.8 bp −$710.4 bp −$104doesn'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 29 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
Deribit EWY_USDC-PERPETUALlong−0.0118%1h190.23long leg$2K$13K20x
Bybit EWYUSDT0.0000%8h190.34+0.058%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.30+0.037%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.41+0.094%$753K$388K10xas long as short
SunX EWY-USDT0.0000%8h190.32+0.047%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h189.56−0.352%$529K$320K20xas long as short
HTX EWY-USDT0.0000%8h190.26+0.016%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.27+0.021%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.27+0.021%$386K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.44+0.110%$220K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.28+0.026%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.22−0.005%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h190.21−0.011%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.08−0.079%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.28+0.026%$738$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.26+0.016%$198K$275K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h190.29+0.033%$235xas long as short
Hotstuff EWY-PERP+0.0064%1h190.28+0.026%$29K$12K20xas long as short
Bitget EWYUSDT+0.0080%8h190.29+0.032%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.22−0.005%$980K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.32+0.047%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.30+0.037%$2K$1K20xas long as short
OKX EWY-USDT-SWAPshort+0.0144%8h190.31+0.042%$4.1M$3.5M50x
Aster EWYUSDT+0.0277%8h190.38+0.076%$295K$12K20xas long as short
Variational Omni EWY+0.0343%8h190.30+0.039%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0360%1h190.26+0.017%$302K$665K10xas long as short
Binance EWYUSDT+0.0361%8h190.31+0.042%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0362%8h190.27+0.021%$6.4M$4.2M100xas long as short
edgeX EWYUSDC+0.0626%4h190.27+0.021%$426K$282K20xas long as short