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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0073%/8h= −8.0% APRnext payment $0.09 per $10,000 · paid last 24h −0.025%
Price spread now: tradeXYZ against Deribit−0.064%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 fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.064% cheaper against Deribit than usual: you would sell low and buy high (−$6 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-PERPETUAL187.640.0123pay 0.0015% / 1h57m 22s$3K$15K20x
ShorttradeXYZ xyz:EWY187.520.0050get 0.0006% / 1h57m 22s$5.8M$15.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$15.37
Price spread: −0.064% → 0.000%
−$6.4
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$46.77
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; tradeXYZ: live order book, 12 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 tradeXYZ live order book, 12 min ago0.54 bp9.8 bp −$1011.5 bp −$115doesn'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−0.0330%8h187.71+0.037%$3.1M$2.8M20xas long as short
BloFin EWY-USDT−0.0026%8h187.31−0.176%$48K$223K50xas long as short
Aster EWYUSDT0.0000%8h187.40−0.129%$290K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.61−0.017%$238K$896K10xas long as short
Binance EWYUSDT0.0000%8h187.63−0.005%$26.8M$82.3M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.72+0.043%$4.0M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h187.70+0.032%$4.0M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h187.61−0.016%$7.5M$4.1M100xas long as short
Variational Omni EWY0.0000%8h186.89−0.399%$1.2M$923Kas long as short
GRVT EWY_USDT_Perp0.0000%8h186.96−0.365%$733K$414K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h187.39−0.133%$2.1M20xas long as short
HTX EWY-USDT0.0000%8h186.97−0.357%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.62−0.011%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h187.47−0.091%$380K$41K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.66+0.011%$215K25xas long as short
Popdex EWYUSDT+0.0048%1h187.640.000%$197K$154K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h187.52−0.064%$5.8M$15.1M20x
Entropy io:EWY+0.0050%1h187.29−0.187%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.40−0.128%$4K$4K20xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.47−0.091%$235K$313K10xas long as short
Paradex EWY-USD-PERP+0.0061%8h187.65+0.006%$235xas long as short
Hotstuff EWY-PERP+0.0096%1h187.48−0.085%$28K$16K20xas long as short
KuCoin EWYUSDTM+0.0100%8h187.47−0.091%$965K$648K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.94−0.373%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.61−0.016%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUALlong+0.0123%1h187.64long leg$3K$15K20x
Bybit EWYUSDT+0.0123%8h187.70+0.032%$5.0M$4.6M100xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h186.97−0.357%$519K$237K20xas long as short
SoDEX EWY-USD+0.0683%1h187.43−0.112%$758$3K10xas long as short
edgeX EWYUSDC+0.0756%4h187.16−0.254%$420K$284K20xas long as short