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+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.542%
Price spread now: Hotstuff against Popdex−0.148%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 airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.148% cheaper against Popdex than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 5.1 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex EWYUSDT189.300.0048pay 0.0006% / 1h50m 53s$198K$148K20x
ShortHotstuff EWY-PERP189.020.0144get 0.0018% / 1h50m 53s$28K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Popdex. 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
$20.16
Price spread: −0.148% → 0.000%
−$14.79
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$6.03
Costs to cover
0.114%
Break-even
9.1 days
Slippage unknown: Popdex: live order book, 63 min ago; Hotstuff: 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 Popdex live order book, 63 min ago0.79 bp6.5 bp −$711.0 bp −$110doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
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
BloFin EWY-USDT−0.0022%8h189.25−0.026%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h189.28−0.010%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h189.21−0.050%$299K$425K10xas long as short
Binance EWYUSDT0.0000%8h189.26−0.023%$27.6M$78.2M50xas long as short
Bybit EWYUSDT0.0000%8h189.26−0.021%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.16−0.074%$4.2M$4.1M50xas long as short
Gate EWY_USDT0.0000%8h189.26−0.021%$4.1M$4.0M50xas long as short
MEXC EWY_USDT0.0000%8h189.21−0.048%$6.2M$3.7M100xas long as short
Bitget EWYUSDT0.0000%8h189.23−0.037%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.24−0.031%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h189.12−0.097%$747K$410K10xas long as short
SunX EWY-USDT0.0000%8h189.20−0.053%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h189.22−0.042%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.21−0.048%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.13−0.090%$383K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h188.40−0.475%$524K$287K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.27−0.016%$220K25xas long as short
Popdex EWYUSDTlong+0.0048%1h189.30long leg$198K$148K20x
tradeXYZ xyz:EWY+0.0050%1h189.13−0.090%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.07−0.122%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.12−0.095%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.20−0.053%$733$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.17−0.069%$204K$307K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h189.34+0.023%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0067%1h189.27−0.016%$2K$14K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.04−0.137%$974K$611K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.05−0.132%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.25−0.026%$2K$1K20xas long as short
Hotstuff EWY-PERPshort+0.0144%1h189.02−0.148%$28K$12K20x
edgeX EWYUSDC+0.0654%4h189.12−0.095%$424K$284K20xas long as short