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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: SoDEX against Entropy+0.105%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.105% dearer against Entropy than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY189.700.0050pay 0.0006% / 1h18m 02s$51K$59K25x
ShortSoDEX EWY-USD189.900.0050get 0.0006% / 1h18m 02s$778$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$0
Price spread: +0.105% → 0.000%
$10.54
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$15.46
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Entropy: no order-book sample; SoDEX: no order-book sample. 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 SoDEX no order-book sample
Entropy and SoDEX: 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
Gate EWY_USDT0.0000%8h189.92+0.116%$3.6M$3.0M50xas long as short
SunX EWY-USDT0.0000%8h189.55−0.079%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.92+0.116%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.81+0.058%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.90+0.105%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.93+0.121%$195K$138K20xas long as short
Entropy io:EWYlong+0.0050%1h189.70long leg$51K$59K25x
Polymarket Perps EWY-USD+0.0050%1h189.76+0.032%$4K$8120xas long as short
SoDEX EWY-USDshort+0.0050%1h189.90+0.105%$778$3K10x
Ondo Perps EWY-USD.P+0.0050%1h189.73+0.016%$243K$207K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.700.000%$966K$688K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.68−0.011%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.86+0.084%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0136%8h189.99+0.154%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.79+0.047%$528K$341K20xas long as short
Hotstuff EWY-PERP+0.0152%1h189.83+0.069%$28K$12K20xas long as short
tradeXYZ xyz:EWY+0.0154%1h189.88+0.095%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0169%8h189.98+0.148%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0221%8h189.99+0.153%$36K$8K20xas long as short
Bitget EWYUSDT+0.0222%8h189.98+0.148%$2.6M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0323%8h190.00+0.158%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0488%1h189.96+0.137%$2K$13K20xas long as short
Aster EWYUSDT+0.0557%8h189.76+0.032%$294K$12K20xas long as short
edgeX EWYUSDC+0.0600%4h189.62−0.040%$425K$275K20xas long as short
Variational Omni EWY+0.0645%8h189.77+0.037%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0653%8h189.68−0.012%$750K$395K10xas long as short
BloFin EWY-USDT+0.0676%8h189.86+0.084%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.88+0.097%$298K$396K10xas long as short
MEXC EWY_USDT+0.0680%8h189.91+0.111%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0683%8h189.92+0.116%$28.6M$79.8M50xas long as short