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

EWY

RWAAll EWY markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Entropyio:EWY
138.32+0.5049pay 0.0631% / 1h46m 30s$256K$243K25xLong Entropy
SHORT
BingXNCSIEWY2USD-USDT
139.14−0.0050pay 0.0050% / 8h7h 46m$968K$1.5M—Short BingX
Price gap+0.593%
Funding gap−0.5099% /8h

The gap pays +$45 on $10k if it goes back to its 7d average, but funding costs $153 a day and eats that in about 7 hours. At the last 7 days' pace that is about 14 months.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$1−0.5099% /8h now · paid −0.007% over the last 7D
Price+$45spread +0.593% now, avg +0.146% → +0.447% if it goes back
Costs−$460.460% of $10k · taker + slippage, in and out
Result−$2−0.02%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.007% in total, about −0.0003%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.593%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

EWY on 33 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size18.3 / 5.4 bp
    At $10k entering Entropy costs 18.3 bp, fee and slippage, 3.4× BingX’s.
  • Note: Margin at max leverage$400 + —
    Entropy 25x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$152.96Long Entropy: 24 payments, −$151.46; short BingX: 3 payments, −$1.50.
  • OK: Entry gap works for you+0.593% vs +0.146%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$256K vs $968K OI
    Entropy sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCEntropy No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0003%/8h × 21 periods−$0.73
Price spread+0.593% → +0.146% (7d avg)+$44.69
Slippage, 4 orderslive order books−$34.18
Fee Entropy bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$2.02
Costs to cover0.460%Break-evennever at this rate
Slippage: Entropy: live order book, 21 min ago; BingX: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGEntropy4.7518.3 bp−$18doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX0.365.4 bp−$56.3 bp−$6311.4 bp−$1,14361.1 bp−$30.6K

Closing costs about the same again.

Alert

EWY news

posts that mention EWY or iShares MSCI South Korea ETF, from every exchange
10-28 04:08SoDEXOther🇰🇷 KOREAN STOCKS ARE ON FIRE! 🚀🔥 SK hynix delivers blockbuster Q3 earnings! 📈 Revenue +328% YoY 💰 Operating profit +631% YoY 🔥 KOSPI +5.8% as AI chip demand fuels the rally! 🚀 Catch the Korean market momentum on SoDEX! 📊 4 Trading Opportunities: 🔥 $SKHX +3.77% — 2× Long SK hynix ETF 🔥 $SKHY +1.92% — SK hynix ADR 🔥 $EWY +3.10% — South Korea ETF 🚀 $KORU +8.91% — 3× Leveraged South Korea ETF 👀 Will the AI-driven rally continue? 👉 Trade now: ETF/ADR changes: Oct 27 U.S. close. KOSPI: Oct 28, 11:20 AM KST. @sodex_official on X ↗
10-19 12:48Polymarket PerpsOtherJUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗
10-15 11:40Kraken FuturesListingnew market PF_EWYUSD ($EWY) seen by our collector
09-25 19:30Vest MarketsOtherTrade $EWY volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
09-25 19:30Vest MarketsOtherHeading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗
09-18 15:04EntropyListingNew listing: iShares MSCI South Korea ETF ($EWY) at 25x Leverage. @entropyIO on X ↗