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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Orderly against Polymarket Perps+0.095%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.095% dearer against Polymarket Perps than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps EWY-USD189.720.0050pay 0.0006% / 1h32m 38s$4K$12620x
ShortOrderly PERP_EWY_USDC_mythos189.900.0100get 0.0100% / 8h7h 32m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$10.5
Price spread: +0.095% → 0.000%
$9.49
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$5.99
Costs to cover
0.140%
Break-even
3.0 days
Slippage unknown: Polymarket Perps: no order-book sample; Orderly: 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 Polymarket Perps no order-book sample
Sell Orderly no order-book sample
Polymarket Perps and Orderly: 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%8h190.11+0.206%$5.3M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.06+0.179%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.06+0.181%$752K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.90+0.095%$2.7M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.89+0.090%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.23+0.269%$26K$28K20xas long as short
Phemex EWYUSDT0.0000%8h189.90+0.095%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.97+0.132%$379K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.07+0.184%$220K25xas long as short
edgeX EWYUSDC+0.0047%4h190.08+0.192%$426K$283K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h189.90+0.095%$195K$143K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.99+0.142%$6.3M$15.0M20xas long as short
Entropy io:EWY+0.0050%1h189.98+0.137%$51K$58K25xas long as short
Polymarket Perps EWY-USDlong+0.0050%1h189.72long leg$4K$12620x
SoDEX EWY-USD+0.0050%1h189.90+0.095%$408$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.84+0.063%$229K$232K10xas long as short
Paradex EWY-USD-PERP+0.0088%8h190.03+0.161%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.91+0.100%$979K$670K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.18+0.242%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h189.90+0.095%$2K$1K20x
Coinbase International EWY-PERP-INTX+0.0144%1h189.77+0.026%$530K$338K20xas long as short
OKX EWY-USDT-SWAP+0.0308%8h190.10+0.200%$4.1M$3.6M50xas long as short
Bitget EWYUSDT+0.0315%8h190.09+0.195%$2.7M$1.6M20xas long as short
Aster EWYUSDT+0.0512%8h190.05+0.173%$295K$12K20xas long as short
Hotstuff EWY-PERP+0.0592%1h189.83+0.058%$28K$12K20xas long as short
BloFin EWY-USDT+0.0613%8h189.96+0.127%$47K$214K50xas long as short
Variational Omni EWY+0.0618%8h190.12+0.208%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0630%8h190.12+0.211%$28.6M$78.1M50xas long as short
Extended EWY_24_5-USD+0.0632%1h190.06+0.180%$299K$719K10xas long as short
MEXC EWY_USDT+0.0635%8h190.08+0.190%$7.5M$4.5M100xas long as short