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+0.0154%/8h= +16.8% APRnext payment +$0.19 per $10,000 · paid last 24h +0.568%
Price spread now: Deribit against Hotstuff+0.068%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 airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.068% dearer against Hotstuff than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EWY-PERP190.510.0016pay 0.0002% / 1h41m 17s$29K$12K20x
ShortDeribit EWY_USDC-PERPETUAL190.640.0170get 0.0021% / 1h41m 17s$2K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Hotstuff. 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
$32.3
Price spread: +0.068% → 0.000%
$6.82
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$27.13
Costs to cover
0.120%
Break-even
1.1 days
Slippage unknown: Hotstuff: no order-book sample; Deribit: 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 Hotstuff no order-book sample
Sell Deribit no order-book sample
Hotstuff and Deribit: 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%8h190.71+0.105%$5.2M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.66+0.079%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.43−0.043%$753K$393K10xas long as short
SunX EWY-USDT0.0000%8h190.50−0.005%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.44−0.037%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.60+0.047%$1.7M$37K10xas long as short
Hotstuff EWY-PERPlong+0.0016%1h190.51long leg$29K$12K20x
Lighter EWY+0.0032%1h190.50−0.005%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.39−0.063%$531K$305K20xas long as short
Bitget EWYUSDT+0.0042%8h190.66+0.079%$2.7M$2.0M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.72+0.110%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.63+0.063%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.54+0.016%$6.2M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.42−0.047%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.43−0.042%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.64+0.068%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.25−0.136%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h190.59+0.043%$235xas long as short
OKX EWY-USDT-SWAP+0.0066%8h190.67+0.084%$4.1M$3.4M50xas long as short
Aster EWYUSDT+0.0090%8h190.60+0.048%$296K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.510.000%$982K$623K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.32−0.100%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.63+0.063%$2K$1K20xas long as short
edgeX EWYUSDC+0.0130%4h190.55+0.021%$427K$282K20xas long as short
Variational Omni EWY+0.0135%8h190.37−0.074%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0163%8h190.56+0.026%$48K$214K50xas long as short
Binance EWYUSDT+0.0165%8h190.66+0.079%$28.5M$76.6M50xas long as short
MEXC EWY_USDT+0.0166%8h190.61+0.052%$6.5M$3.9M100xas long as short
Extended EWY_24_5-USD+0.0168%1h190.57+0.030%$301K$669K10xas long as short
Deribit EWY_USDC-PERPETUALshort+0.0170%1h190.64+0.068%$2K$13K20x