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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.034%
Price spread now: Entropy against Extended−0.071%7-day average · you buy dearer than you sell
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 airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Entropy is 0.071% cheaper against Extended than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.7 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EWY_24_5-USD189.190get 0.0000% / 1h50m 28s$299K$425K10x
ShortEntropy io:EWY189.060.0050get 0.0006% / 1h50m 28s$65K$81K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Extended. 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
$10.5
Price spread: −0.071% → 0.000%
−$7.1
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$19.6
Costs to cover
0.230%
Break-even
20.1 days
Slippage unknown: Extended: live order book, 62 min ago; Entropy: 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 Extended live order book, 62 min ago0.03 bp2.8 bp −$36.4 bp −$64doesn't fitdoesn't fit
Sell Entropy no order-book sample
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
BloFin EWY-USDT−0.0022%8h189.25+0.029%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h189.22+0.014%$293K$12K20xas long as short
Extended EWY_24_5-USDlong0.0000%1h189.19long leg$299K$425K10x
Binance EWYUSDT0.0000%8h189.17−0.013%$27.6M$78.2M50xas long as short
Bybit EWYUSDT0.0000%8h189.26+0.035%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.15−0.023%$4.2M$4.1M50xas long as short
Gate EWY_USDT0.0000%8h189.25+0.029%$4.1M$4.0M50xas long as short
MEXC EWY_USDT0.0000%8h189.18−0.008%$6.2M$3.7M100xas long as short
Bitget EWYUSDT0.0000%8h189.22+0.014%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.24+0.025%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h189.12−0.041%$747K$410K10xas long as short
SunX EWY-USDT0.0000%8h189.20+0.003%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h189.22+0.014%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.21+0.008%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.13−0.034%$383K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h188.40−0.420%$524K$287K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.20+0.003%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.25+0.029%$198K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.09−0.055%$6.2M$14.3M20xas long as short
Entropy io:EWYshort+0.0050%1h189.06−0.071%$65K$81K25x
Polymarket Perps EWY-USD+0.0050%1h189.06−0.071%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.20+0.003%$733$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.17−0.013%$204K$307K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h189.25+0.027%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0067%1h189.27+0.040%$2K$14K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.06−0.071%$974K$611K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.05−0.076%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.16−0.018%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0120%1h189.11−0.045%$28K$12K20xas long as short
edgeX EWYUSDC+0.0654%4h189.12−0.039%$424K$284K20xas long as short