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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: tradeXYZ against Entropy+0.053%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 fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.053% dearer against Entropy than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY190.240.0050pay 0.0006% / 1h51m 23s$52K$57K25x
ShorttradeXYZ xyz:EWY190.340.0050get 0.0006% / 1h51m 23s$6.1M$14.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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: +0.053% → 0.000%
$5.26
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$30.74
Costs to cover
0.360%
Break-even
never at this rate
Slippage unknown: Entropy: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago0.26 bp10.2 bp −$1011.5 bp −$115doesn'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 29 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%8h190.44+0.105%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.43+0.100%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.28+0.024%$752K$389K10xas long as short
SunX EWY-USDT0.0000%8h190.27+0.016%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h189.56−0.357%$529K$320K20xas long as short
HTX EWY-USDT0.0000%8h190.26+0.011%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.31+0.037%$1.7M$38K10xas long as short
Hotstuff EWY-PERP+0.0016%1h190.25+0.005%$29K$12K20xas long as short
Lighter EWY+0.0032%1h190.25+0.005%$386K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.53+0.152%$220K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.41+0.089%$198K$146K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h190.34+0.053%$6.1M$14.0M20x
Entropy io:EWYlong+0.0050%1h190.24long leg$52K$57K25x
Polymarket Perps EWY-USD+0.0050%1h190.240.000%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.33+0.047%$741$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.31+0.037%$198K$275K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h190.38+0.076%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0065%1h190.35+0.058%$2K$13K20xas long as short
Bitget EWYUSDT+0.0085%8h190.43+0.100%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.28+0.021%$980K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.29+0.026%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.41+0.089%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0140%8h190.50+0.137%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0273%8h190.42+0.093%$295K$12K20xas long as short
Variational Omni EWY+0.0343%8h190.30+0.033%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0352%8h190.44+0.104%$28.4M$77.0M50xas long as short
Extended EWY_24_5-USD+0.0352%1h190.36+0.063%$302K$665K10xas long as short
MEXC EWY_USDT+0.0355%8h190.41+0.089%$6.4M$4.2M100xas long as short
edgeX EWYUSDC+0.0950%4h190.24+0.001%$426K$283K20xas long as short