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+0.0061%/8h= +6.7% APRpaid last 24h +0.052%
Price spread now: MEXC against Entropy+0.016%7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY190.600.0050pay 0.0006% / 1h16m 41s$30K$67K25x
ShortMEXC EWY_USDT190.630.0111get 0.0111% / 8h4h 16m$6.5M$3.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$12.81
Price spread: +0.016% → 0.000%
$1.57
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee MEXC: 0 bp × 2 orders
$0
Net
−$3.62
Costs to cover
0.180%
Break-even
9.0 days
Slippage unknown: Entropy: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago0.26 bp0.3 bp $01.2 bp −$124.0 bp −$399106.9 bp −$53.4K
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%8h190.66+0.031%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.63+0.016%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.80+0.107%$755K$395K10xas long as short
SunX EWY-USDT0.0000%8h190.65+0.026%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.55−0.026%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.97+0.194%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.68+0.042%$1.7M$37K10xas long as short
OKX EWY-USDT-SWAP+0.0027%8h190.64+0.021%$4.1M$3.3M50xas long as short
Lighter EWY+0.0032%1h190.49−0.058%$386K$39K20xas long as short
Aster EWYUSDT+0.0033%8h190.64+0.023%$296K$12K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.57−0.016%$531K$300K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.89+0.152%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.54−0.031%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.57−0.016%$6.2M$14.3M20xas long as short
Entropy io:EWYlong+0.0050%1h190.60long leg$30K$67K25x
Polymarket Perps EWY-USD+0.0050%1h190.50−0.052%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.65+0.026%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.56−0.021%$201K$266K10xas long as short
Paradex EWY-USD-PERP+0.0053%8h190.61+0.005%$235xas long as short
Bitget EWYUSDT+0.0061%8h190.67+0.037%$2.7M$2.0M20xas long as short
Variational Omni EWY+0.0083%8h190.94+0.178%$1.2M$1.1Mas long as short
KuCoin EWYUSDTM+0.0100%8h190.58−0.010%$982K$622K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.74+0.073%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.57−0.016%$2K$1K20xas long as short
Binance EWYUSDT+0.0107%8h190.61+0.007%$28.1M$76.4M50xas long as short
MEXC EWY_USDTshort+0.0111%8h190.63+0.016%$6.5M$3.9M100x
Extended EWY_24_5-USD+0.0112%1h190.56−0.022%$301K$669K10xas long as short
BloFin EWY-USDT+0.0133%8h190.64+0.021%$48K$214K50xas long as short
edgeX EWYUSDC+0.0249%4h190.80+0.106%$428K$284K20xas long as short
Hotstuff EWY-PERP+0.0456%1h190.600.000%$29K$12K20xas long as short