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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0336%/8h= +36.8% APRpaid last 24h +1.171%
Price spread now: GRVT against Hotstuff+0.070%57s7-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 · GRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GRVT is 0.070% 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). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EWY-PERP185.83−0.0336get 0.0042% / 1h48m 24s$28K$15K20x
ShortGRVT EWY_USDT_Perp185.960get 0.0000% / 8h7h 48m$729K$423K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$70.56
Price spread: +0.070% → 0.000%
$7.04
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$63.6
Costs to cover
0.140%
Break-even
0.7 days
Slippage unknown: Hotstuff: no order-book sample; GRVT: live order book, 50 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 Hotstuff no order-book sample
Sell GRVT live order book, 50 min ago1.60 bp6.1 bp −$610.8 bp −$108doesn't fitdoesn't fit
Hotstuff: 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
Bitget EWYUSDT−0.0576%8h186.05+0.118%$3.1M$2.6M20xas long as short
Hotstuff EWY-PERPlong−0.0336%1h185.83long leg$28K$15K20x
Vest EWY-USD-PERP−0.0026%1h185.78−0.027%$235K25xas long as short
BloFin EWY-USDT−0.0017%8h186.13+0.161%$48K$218K50xas long as short
Aster EWYUSDT0.0000%8h186.16+0.178%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.02+0.104%$240K$919K10xas long as short
Binance EWYUSDT0.0000%8h186.07+0.129%$26.9M$82.5M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.03+0.108%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h186.10+0.145%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h186.05+0.118%$7.8M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h185.98+0.083%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perpshort0.0000%8h185.96+0.070%$729K$423K10x
SunX EWY-USDT0.0000%8h186.03+0.108%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.11+0.151%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.09+0.140%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h185.91+0.043%$377K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.07+0.129%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.91+0.043%$6.3M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h185.93+0.054%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.91+0.043%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.05+0.118%$742$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.80−0.016%$234K$334K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.03+0.110%$225xas long as short
Bybit EWYUSDT+0.0083%8h186.12+0.156%$4.9M$4.8M100xas long as short
KuCoin EWYUSDTM+0.0100%8h185.97+0.075%$957K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.89+0.032%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.08+0.135%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.73−0.054%$515K$249K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0180%1h186.01+0.097%$3K$15K20xas long as short
edgeX EWYUSDC+0.0672%4h185.88+0.027%$417K$285K20xas long as short