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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.007%
Price spread now: Entropy against Vest−0.058%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Entropy is 0.058% cheaper against Vest than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest EWY-USD-PERP189.240.0046pay 0.0006% / 1h5m 04s$217K25x
ShortEntropy io:EWY189.130.0050get 0.0006% / 1h5m 04s$52K$52K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Vest. 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
$0.91
Price spread: −0.058% → 0.000%
−$5.81
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$24.91
Costs to cover
0.200%
Break-even
199.2 days
Slippage unknown: Vest: no order-book sample; Entropy: 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 Vest no order-book sample
Sell Entropy no order-book sample
Vest and Entropy: 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
Gate EWY_USDT0.0000%8h189.23−0.005%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.11−0.069%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.240.000%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.12−0.063%$376K$100K20xas long as short
Vest EWY-USD-PERPlong+0.0046%1h189.24long leg$217K25x
Popdex EWYUSDT+0.0048%1h189.240.000%$194K$138K20xas long as short
Entropy io:EWYshort+0.0050%1h189.13−0.058%$52K$52K25x
Polymarket Perps EWY-USD+0.0050%1h189.08−0.085%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.22−0.011%$788$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.16−0.042%$221K$182K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0073%1h189.22−0.011%$6.4M$14.8M20xas long as short
Bybit EWYUSDT+0.0088%8h189.38+0.074%$5.2M$4.1M100xas long as short
KuCoin EWYUSDTM+0.0100%8h189.15−0.048%$964K$720K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.11−0.069%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.22−0.011%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.240.000%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0133%8h189.23−0.005%$235xas long as short
Bitget EWYUSDT+0.0178%8h189.29+0.026%$2.5M$1.5M20xas long as short
HTX EWY-USDT+0.0202%8h189.25+0.005%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0246%8h189.32+0.042%$4.0M$4.0M50xas long as short
Hotstuff EWY-PERP+0.0256%1h189.19−0.026%$28K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0279%1h189.25+0.005%$2K$13K20xas long as short
edgeX EWYUSDC+0.0335%4h189.16−0.040%$424K$274K20xas long as short
Aster EWYUSDT+0.0493%8h189.21−0.017%$293K$12K20xas long as short
Variational Omni EWY+0.0574%8h189.18−0.032%$1.5M$983Kas long as short
BloFin EWY-USDT+0.0591%8h189.25+0.005%$47K$214K50xas long as short
Binance EWYUSDT+0.0605%8h189.25+0.004%$28.5M$79.7M50xas long as short
MEXC EWY_USDT+0.0606%8h189.240.000%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0608%1h189.19−0.024%$304K$392K10xas long as short
GRVT EWY_USDT_Perp+0.0663%8h189.28+0.020%$749K$402K10xas long as short