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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Entropy against Polymarket Perps−0.203%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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Entropy is 0.203% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps EWY-USD187.580.0050pay 0.0006% / 1h58m 20s$4K$4K20x
ShortEntropy io:EWY187.200.0050get 0.0006% / 1h58m 20s$142K$119K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Polymarket Perps. 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: −0.203% → 0.000%
−$20.26
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$46.26
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; Entropy: live order book, 59 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 Polymarket Perps no order-book sample
Sell Entropy live order book, 59 min ago10.21 bp30.0 bp −$30128.2 bp −$1,282doesn't fitdoesn't fit
Polymarket Perps: 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
Hotstuff EWY-PERP−0.5120%1h186.98−0.320%$28K$16K20xas long as short
Bitget EWYUSDT−0.0335%8h187.73+0.080%$3.1M$2.8M20xas long as short
BloFin EWY-USDT−0.0026%8h187.31−0.144%$48K$223K50xas long as short
Aster EWYUSDT0.0000%8h187.41−0.092%$290K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.60+0.010%$238K$896K10xas long as short
Binance EWYUSDT0.0000%8h187.63+0.027%$26.8M$82.4M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.77+0.101%$4.0M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h187.80+0.117%$4.0M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h187.75+0.091%$7.5M$4.1M100xas long as short
Variational Omni EWY0.0000%8h186.89−0.368%$1.2M$923Kas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h186.96−0.333%$733K$414K10xas long as short
SunX EWY-USDT0.0000%8h187.38−0.107%$2.1M20xas long as short
HTX EWY-USDT0.0000%8h186.97−0.325%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.62+0.021%$1.7M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0017%1h187.66+0.043%$3K$15K20xas long as short
Lighter EWY+0.0032%1h187.59+0.005%$380K$41K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.68+0.053%$215K25xas long as short
Popdex EWYUSDT+0.0048%1h187.71+0.069%$197K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.69+0.059%$5.9M$15.0M20xas long as short
Entropy io:EWYshort+0.0050%1h187.20−0.203%$142K$119K25x
Polymarket Perps EWY-USDlong+0.0050%1h187.58long leg$4K$4K20x
Ondo Perps EWY-USD.P+0.0050%1h186.71−0.464%$235K$309K10xas long as short
Paradex EWY-USD-PERP+0.0061%8h187.63+0.027%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.57−0.005%$966K$647K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.94−0.341%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.66+0.043%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h186.97−0.325%$519K$237K20xas long as short
Bybit EWYUSDT+0.0133%8h187.63+0.027%$5.0M$4.6M100xas long as short
edgeX EWYUSDC+0.0570%4h186.96−0.331%$419K$286K20xas long as short
SoDEX EWY-USD+0.0683%1h187.43−0.080%$758$3K10xas long as short