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+0.0100%/8h= +10.9% APRpaid last 24h −0.013%
Price spread now: Orderly against Deribit+0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL189.890get 0.0000% / 1h32m 39s$2K$13K20x
ShortOrderly PERP_EWY_USDC_mythos189.900.0100get 0.0100% / 8h7h 32m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: +0.005% → 0.000%
$0.53
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
$8.53
Costs to cover
0.130%
Break-even
4.2 days
Slippage unknown: Deribit: no order-book sample; Orderly: 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 Orderly no order-book sample
Deribit and Orderly: 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%8h190.11+0.116%$5.3M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.06+0.090%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.06+0.091%$752K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.90+0.005%$2.7M20xas long as short
Deribit EWY_USDC-PERPETUALlong0.0000%1h189.89long leg$2K$13K20x
HTX EWY-USDT0.0000%8h190.23+0.179%$26K$28K20xas long as short
Phemex EWYUSDT0.0000%8h189.90+0.005%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.97+0.042%$379K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.07+0.095%$220K25xas long as short
edgeX EWYUSDC+0.0047%4h190.08+0.103%$426K$283K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h189.90+0.005%$195K$143K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.99+0.053%$6.3M$15.0M20xas long as short
Entropy io:EWY+0.0050%1h189.98+0.047%$51K$58K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.72−0.090%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.90+0.005%$408$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.84−0.026%$229K$232K10xas long as short
Paradex EWY-USD-PERP+0.0088%8h190.03+0.072%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.91+0.011%$979K$670K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.18+0.153%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h189.90+0.005%$2K$1K20x
Coinbase International EWY-PERP-INTX+0.0144%1h189.77−0.063%$530K$338K20xas long as short
OKX EWY-USDT-SWAP+0.0308%8h190.10+0.111%$4.1M$3.6M50xas long as short
Bitget EWYUSDT+0.0315%8h190.09+0.105%$2.7M$1.6M20xas long as short
Aster EWYUSDT+0.0512%8h190.05+0.084%$295K$12K20xas long as short
Hotstuff EWY-PERP+0.0592%1h189.83−0.032%$28K$12K20xas long as short
BloFin EWY-USDT+0.0613%8h189.96+0.037%$47K$214K50xas long as short
Variational Omni EWY+0.0618%8h190.12+0.119%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0630%8h190.12+0.121%$28.6M$78.1M50xas long as short
Extended EWY_24_5-USD+0.0632%1h190.06+0.090%$299K$719K10xas long as short
MEXC EWY_USDT+0.0635%8h190.08+0.100%$7.5M$4.5M100xas long as short