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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0491%/8h= −53.8% APRnext payment $4.91 per $10,000 · paid last 24h −0.009%
Price spread now: Gate against Variational Omni+0.030%7-day average +0.014% · 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)−0.009%−$1 on $10k
Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.030%, 7d avg +0.014%
Together, before fees−0.038%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.009% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY189.100.0491pay 0.0491% / 8h1h 35m$1.4M$899K
ShortGate EWY_USDT189.160get 0.0000% / 8h1h 35m$3.2M$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$103.08
Price spread: +0.030% → +0.014%
$1.57
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$116.51
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Gate: live order book, 3 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, 4 min ago2.22 bpdoesn't fit7.5 bp −$75doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.38 bp11.9 bp −$1222.8 bp −$22845.2 bp −$4,52480.7 bp −$40.3K

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
Gate EWY_USDTshort0.0000%8h189.16+0.030%$3.2M$2.8M50x
SunX EWY-USDT0.0000%8h188.80−0.160%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.16+0.030%$1.7M$37K10xas long as short
Bybit EWYUSDT+0.0017%8h189.25+0.078%$5.2M$4.1M100xas long as short
Lighter EWY+0.0032%1h189.03−0.039%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.06−0.023%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.12+0.009%$194K$138K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.08−0.012%$6.4M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h188.99−0.060%$49K$36K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.98−0.065%$4K$3820xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h189.15+0.025%$783$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.98−0.065%$221K$181K10xas long as short
KuCoin EWYUSDTM+0.0100%8h189.04−0.033%$958K$725K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.24+0.072%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.15+0.025%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.19+0.046%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0144%8h189.27+0.088%$235xas long as short
Bitget EWYUSDT+0.0156%8h189.18+0.041%$2.5M$1.4M20xas long as short
HTX EWY-USDT+0.0183%8h189.27+0.088%$36K$8K20xas long as short
Hotstuff EWY-PERP+0.0208%1h189.08−0.012%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0215%8h189.20+0.051%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0332%1h189.17+0.035%$2K$13K20xas long as short
edgeX EWYUSDC+0.0338%4h189.14+0.021%$424K$274K20xas long as short
Aster EWYUSDT+0.0435%8h189.02−0.045%$293K$12K20xas long as short
Variational Omni EWYlong+0.0491%8h189.10long leg$1.4M$899K
MEXC EWY_USDT+0.0531%8h189.14+0.019%$7.5M$4.5M100xas long as short
BloFin EWY-USDT+0.0532%8h189.13+0.014%$47K$214K50xas long as short
Binance EWYUSDT+0.0535%8h189.15+0.024%$28.5M$79.5M50xas long as short
Extended EWY_24_5-USD+0.0536%1h189.12+0.010%$304K$403K10xas long as short
GRVT EWY_USDT_Perp+0.0630%8h189.16+0.028%$748K$403K10xas long as short