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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0249%/8h= +27.3% APRpaid last 24h +0.014%
Price spread now: OKX against Entropy+0.205%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 3 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 +$7 a day on $10k at the current rate, and OKX is 0.205% dearer against Entropy than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY190.170.0050pay 0.0006% / 1h28m 37s$52K$57K25x
ShortOKX EWY-USDT-SWAP190.560.0299get 0.0299% / 8h7h 28m$4.2M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$52.27
Price spread: +0.205% → 0.000%
$20.51
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee OKX: 5 bp × 2 orders
−$10
Net
$44.77
Costs to cover
0.280%
Break-even
1.0 days
Slippage unknown: Entropy: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago0.79 bp8.0 bp −$812.1 bp −$121doesn't fitdoesn'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%8h190.49+0.168%$5.3M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.41+0.126%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.04−0.066%$752K$384K10xas long as short
SunX EWY-USDT0.0000%8h190.16−0.005%$2.7M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.21+0.021%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.08−0.047%$26K$28K20xas long as short
Phemex EWYUSDT0.0000%8h190.28+0.058%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.32+0.079%$380K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.57+0.210%$220K25xas long as short
Hotstuff EWY-PERP+0.0048%1h190.33+0.084%$29K$12K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.47+0.158%$196K$141K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.33+0.084%$6.3M$15.0M20xas long as short
Entropy io:EWYlong+0.0050%1h190.17long leg$52K$57K25x
Polymarket Perps EWY-USD+0.0050%1h190.36+0.100%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.18+0.005%$424$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.93−0.126%$229K$232K10xas long as short
Paradex EWY-USD-PERP+0.0084%8h190.41+0.127%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.170.000%$980K$667K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.00−0.089%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.24+0.037%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.77−0.210%$530K$338K20xas long as short
OKX EWY-USDT-SWAPshort+0.0299%8h190.56+0.205%$4.2M$3.6M50x
Bitget EWYUSDT+0.0324%8h190.49+0.168%$2.7M$1.6M20xas long as short
Aster EWYUSDT+0.0499%8h190.42+0.133%$295K$12K20xas long as short
Variational Omni EWY+0.0597%8h190.06−0.060%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0616%1h190.39+0.114%$302K$717K10xas long as short
Binance EWYUSDT+0.0617%8h190.45+0.145%$28.6M$77.9M50xas long as short
MEXC EWY_USDT+0.0618%8h190.41+0.126%$7.5M$4.5M100xas long as short
BloFin EWY-USDT+0.0624%8h190.24+0.037%$47K$214K50xas long as short
edgeX EWYUSDC+0.0746%4h190.05−0.063%$426K$283K20xas long as short