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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.047%
Price spread now: BloFin against Entropy+0.089%90s7-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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.089% dearer against Entropy than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY190.780.0050pay 0.0006% / 1h19m 40s$30K$67K25x
ShortBloFin EWY-USDT190.950.0144get 0.0144% / 8h4h 19m$48K$215K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$19.66
Price spread: +0.089% → 0.000%
$8.91
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1.42
Costs to cover
0.300%
Break-even
7.5 days
Slippage unknown: Entropy: no order-book sample; BloFin: live order book, 11 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 Entropy no order-book sample
Sell BloFin live order book, 11 min ago0.26 bp6.3 bp −$68.4 bp −$8413.2 bp −$1,315doesn't fit
Entropy: 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%8h190.90+0.063%$5.2M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.84+0.031%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.77−0.006%$754K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.96+0.094%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.92+0.073%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.97+0.100%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.84+0.031%$1.7M$37K10xas long as short
OKX EWY-USDT-SWAP+0.0031%8h190.85+0.037%$4.2M$3.4M50xas long as short
Lighter EWY+0.0032%1h190.84+0.031%$387K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.57−0.110%$531K$300K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EWYUSDT+0.0044%8h190.95+0.091%$296K$12K20xas long as short
Vest EWY-USD-PERP+0.0046%1h191.14+0.189%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.92+0.073%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.75−0.016%$6.2M$14.3M20xas long as short
Entropy io:EWYlong+0.0050%1h190.78long leg$30K$67K25x
Polymarket Perps EWY-USD+0.0050%1h190.72−0.031%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.84+0.031%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.80+0.010%$201K$266K10xas long as short
Paradex EWY-USD-PERP+0.0053%8h190.85+0.038%$235xas long as short
Bitget EWYUSDT+0.0063%8h190.86+0.042%$2.7M$2.0M20xas long as short
Variational Omni EWY+0.0083%8h190.94+0.084%$1.2M$1.1Mas long as short
KuCoin EWYUSDTM+0.0100%8h190.74−0.021%$984K$623K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.59−0.100%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.91+0.068%$2K$1K20xas long as short
Binance EWYUSDT+0.0120%8h190.85+0.036%$28.2M$76.4M50xas long as short
Extended EWY_24_5-USD+0.0120%1h190.78+0.001%$301K$669K10xas long as short
MEXC EWY_USDT+0.0121%8h190.81+0.016%$6.5M$3.9M100xas long as short
BloFin EWY-USDTshort+0.0144%8h190.95+0.089%$48K$215K50x
Hotstuff EWY-PERP+0.0216%1h190.86+0.042%$29K$12K20xas long as short
edgeX EWYUSDC+0.0916%4h190.70−0.040%$428K$284K20xas long as short