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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.039%
Price spread now: Aster against Entropy+0.196%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.132%−$13 on $10k
Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.196%, 7d avg +0.041%
Together, before fees−0.254%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.155% dearer against Entropy than usual: you sell high and buy low (spread +0.196% now, against its 7-day average of +0.041%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 4 days (−0.132% in total) that is about 4.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY186.000.0050pay 0.0006% / 1h14m 09s$141K$119K25x
ShortAster EWYUSDT186.360get 0.0000% / 8h7h 14m$289K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Entropy. 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
−$10.5
Price spread: +0.196% → +0.041%
$15.46
Slippage, 4 orders
−$43.81
Fee Entropy: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$64.85
Costs to cover
0.698%
Break-even
never at this rate
Slippage from Entropy: live order book, 43 min ago; Aster: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Entropy live order book, 43 min ago10.21 bp26.4 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 18 min ago1.89 bp6.4 bp −$68.0 bp −$80doesn't fitdoesn't fit

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−0.0437%8h186.39+0.210%$3.1M$2.8M20xas long as short
Vest EWY-USD-PERP−0.0002%1h186.15+0.081%$231K25xas long as short
Aster EWYUSDTshort0.0000%8h186.36+0.196%$289K$14K20x
Extended EWY_24_5-USD0.0000%1h186.33+0.178%$239K$905K10xas long as short
Binance EWYUSDT0.0000%8h186.36+0.194%$27.0M$82.0M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.36+0.194%$4.0M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.46+0.247%$4.0M$4.6M50xas long as short
MEXC EWY_USDT0.0000%8h186.38+0.204%$7.5M$4.5M100xas long as short
Variational Omni EWY0.0000%8h186.32+0.171%$1.2M$931Kas long as short
GRVT EWY_USDT_Perp0.0000%8h185.85−0.083%$728K$415K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h186.30+0.161%$2.2M20xas long as short
HTX EWY-USDT0.0000%8h186.20+0.108%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.34+0.183%$1.6M$37K10xas long as short
BloFin EWY-USDT0.0000%8h186.34+0.183%$48K$221K50xas long as short
Lighter EWY+0.0032%1h186.18+0.097%$377K$40K20xas long as short
Hotstuff EWY-PERP+0.0032%1h186.16+0.086%$28K$16K20xas long as short
Popdex EWYUSDT+0.0048%1h186.41+0.220%$195K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.23+0.124%$6.0M$14.7M20xas long as short
Entropy io:EWYlong+0.0050%1h186.00long leg$141K$119K25x
Polymarket Perps EWY-USD+0.0050%1h186.20+0.108%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.36+0.194%$747$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.07+0.038%$234K$316K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h186.36+0.193%$225xas long as short
Bybit EWYUSDT+0.0079%8h186.43+0.231%$5.0M$4.9M100xas long as short
KuCoin EWYUSDTM+0.0100%8h186.19+0.102%$959K$637K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.16+0.086%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.32+0.172%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.38−0.333%$515K$244K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0341%1h186.31+0.167%$3K$15K20xas long as short
edgeX EWYUSDC+0.0997%4h186.11+0.058%$417K$286K20xas long as short