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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.32 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against Variational Omni−0.068%7-day average +0.002% · 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 3 days (all we have)+0.004%$0 on $10k
Price spread, last 2 days (all we have)+0.080%+$8 · spread now −0.068%, 7d avg +0.002%
Together, before fees+0.085%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.070% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.002%). If the spread goes back, that is −$7 on $10k: about 7.3 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.004% in total) that is about 57 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY189.660.0672pay 0.0672% / 8h7h 59m$1.2M$1.3M
ShortBinance EWYUSDT189.530.0704get 0.0704% / 8h7h 59m$28.4M$79.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$6.72
Price spread: −0.068% → +0.002%
−$7.03
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$10.31
Costs to cover
0.100%
Break-even
17.7 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Binance: live order book, 13 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 Variational Omni RFQ quote, 5 min ago2.24 bpdoesn't fit6.0 bp −$60doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.26 bp5.6 bp −$67.5 bp −$7520.6 bp −$2,056doesn't fit

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
Polymarket Perps EWY-USD−0.0684%1h189.46−0.105%$4K$11720xas long as short
Entropy io:EWY−0.0261%1h189.49−0.089%$51K$57K25xas long as short
tradeXYZ xyz:EWY−0.0084%1h189.56−0.052%$6.7M$15.0M20xas long as short
Bybit EWYUSDT0.0000%8h189.44−0.116%$5.3M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h189.60−0.031%$4.1M$3.1M50xas long as short
SunX EWY-USDT0.0000%8h189.45−0.110%$2.7M20xas long as short
HTX EWY-USDT0.0000%8h189.660.000%$36K$8K20xas long as short
Phemex EWYUSDT0.0000%8h189.52−0.073%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.35−0.163%$377K$53K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.60−0.031%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h189.39−0.142%$195K$138K20xas long as short
SoDEX EWY-USD+0.0050%1h189.54−0.063%$773$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.08−0.305%$243K$209K10xas long as short
KuCoin EWYUSDTM+0.0100%8h189.47−0.100%$965K$679K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.78+0.064%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.55−0.058%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0118%8h189.67+0.004%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.10−0.295%$528K$339K20xas long as short
Hotstuff EWY-PERP+0.0168%1h189.76+0.053%$28K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0172%1h189.43−0.121%$2K$13K20xas long as short
Bitget EWYUSDT+0.0233%8h189.55−0.058%$2.7M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0336%8h189.51−0.079%$4.1M$4.1M50xas long as short
Aster EWYUSDT+0.0571%8h189.61−0.027%$294K$12K20xas long as short
GRVT EWY_USDT_Perp+0.0652%8h189.78+0.065%$751K$383K10xas long as short
Variational Omni EWYlong+0.0672%8h189.66long leg$1.2M$1.3M
MEXC EWY_USDT+0.0703%8h189.51−0.079%$7.4M$4.4M100xas long as short
Extended EWY_24_5-USD+0.0704%1h189.50−0.084%$299K$390K10xas long as short
Binance EWYUSDTshort+0.0704%8h189.53−0.068%$28.4M$79.5M50x
BloFin EWY-USDT+0.0727%8h189.53−0.068%$47K$214K50xas long as short
edgeX EWYUSDC+0.0738%4h189.64−0.011%$425K$276K20xas long as short