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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0333%/8h= −36.5% APRnext payment $0.42 per $10,000 · paid last 24h −0.029%
Price spread now: Polymarket Perps against Deribit−0.100%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 −$10 a day on $10k at the current rate, and Polymarket Perps is 0.100% cheaper against Deribit than usual: you would sell low and buy high (−$10 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-PERPETUAL189.660.0383pay 0.0048% / 1h24m 56s$2K$13K20x
ShortPolymarket Perps EWY-USD189.470.0050get 0.0006% / 1h24m 56s$4K$8120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$69.95
Price spread: −0.100% → 0.000%
−$10.02
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$94.97
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Polymarket Perps: 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 Polymarket Perps no order-book sample
Deribit and Polymarket Perps: 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
Gate EWY_USDT0.0000%8h189.59−0.037%$3.3M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.47−0.100%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.61−0.026%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.51−0.079%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.67+0.005%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.62−0.021%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.57−0.047%$51K$59K25xas long as short
Polymarket Perps EWY-USDshort+0.0050%1h189.47−0.100%$4K$8120x
SoDEX EWY-USD+0.0050%1h189.58−0.042%$774$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.51−0.079%$243K$206K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EWYUSDC+0.0054%4h189.72+0.033%$425K$274K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.64−0.011%$966K$694K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.50−0.084%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.62−0.021%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.61−0.026%$527K$339K20xas long as short
Paradex EWY-USD-PERP+0.0147%8h189.75+0.047%$235xas long as short
Bybit EWYUSDT+0.0162%8h189.72+0.032%$5.3M$4.2M100xas long as short
tradeXYZ xyz:EWY+0.0175%1h189.57−0.047%$6.7M$14.9M20xas long as short
Bitget EWYUSDT+0.0216%8h189.68+0.011%$2.6M$1.6M20xas long as short
HTX EWY-USDT+0.0220%8h189.87+0.111%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0316%8h189.73+0.037%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUALlong+0.0383%1h189.66long leg$2K$13K20x
Hotstuff EWY-PERP+0.0448%1h189.63−0.016%$28K$12K20xas long as short
Aster EWYUSDT+0.0549%8h189.55−0.056%$294K$12K20xas long as short
Variational Omni EWY+0.0641%8h189.61−0.025%$1.5M$983Kas long as short
BloFin EWY-USDT+0.0647%8h189.65−0.005%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0656%8h189.61−0.024%$750K$394K10xas long as short
Extended EWY_24_5-USD+0.0672%1h189.57−0.046%$304K$385K10xas long as short
MEXC EWY_USDT+0.0673%8h189.60−0.032%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0673%8h189.59−0.037%$28.5M$79.8M50xas long as short