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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h −0.015%
Price spread now: Extended against Variational Omni+0.020%7-day average −0.021% · 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 3 days (all we have)−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.020%, 7d avg −0.021%
Together, before fees−0.062%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.041% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY190.370.0135pay 0.0135% / 8h4h 44m$1.2M$1.1M
ShortExtended EWY_24_5-USD190.410.0176get 0.0022% / 1h44m 27s$301K$669K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$8.62
Price spread: +0.020% → −0.021%
$4.12
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$7.74
Costs to cover
0.050%
Break-even
0.7 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Extended: 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 ago2.23 bpdoesn't fit4.2 bp −$42doesn't fitdoesn't fit
Sell Extended live order book, 13 min ago0.03 bp2.8 bp −$35.7 bp −$57doesn't fitdoesn'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
Bybit EWYUSDT0.0000%8h190.51+0.074%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.50+0.068%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.34−0.017%$753K$393K10xas long as short
SunX EWY-USDT0.0000%8h190.36−0.005%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.35−0.010%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.44+0.037%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.40+0.016%$1.7M$37K10xas long as short
Hotstuff EWY-PERP+0.0008%1h190.33−0.021%$29K$12K20xas long as short
Lighter EWY+0.0032%1h190.31−0.031%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.39+0.011%$531K$306K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget EWYUSDT+0.0041%8h190.44+0.037%$2.7M$1.9M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.56+0.100%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.47+0.053%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.38+0.005%$6.1M$13.8M20xas long as short
Entropy io:EWY+0.0050%1h190.30−0.037%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.27−0.052%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.40+0.016%$748$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.25−0.063%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0053%8h190.43+0.029%$235xas long as short
OKX EWY-USDT-SWAP+0.0068%8h190.41+0.021%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0094%8h190.44+0.038%$295K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.36−0.005%$981K$622K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.42+0.026%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.41+0.021%$2K$1K20xas long as short
Variational Omni EWYlong+0.0135%8h190.37long leg$1.2M$1.1M
Binance EWYUSDT+0.0170%8h190.45+0.040%$28.4M$76.6M50xas long as short
MEXC EWY_USDT+0.0174%8h190.45+0.042%$6.5M$3.9M100xas long as short
Extended EWY_24_5-USDshort+0.0176%1h190.41+0.020%$301K$669K10x
BloFin EWY-USDT+0.0193%8h190.40+0.016%$48K$214K50xas long as short
edgeX EWYUSDC+0.0816%4h190.39+0.009%$427K$284K20xas long as short