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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.590%
Price spread now: Hotstuff against Binance−0.042%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hotstuff is 0.042% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWYUSDT190.160.0274pay 0.0274% / 8h5h 26m$28.4M$77.0M50x
ShortHotstuff EWY-PERP190.080.0176get 0.0022% / 1h26m 12s$28K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Binance. 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
−$20.61
Price spread: −0.042% → 0.000%
−$4.21
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$39.81
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 16 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 Binance live order book, 16 min ago0.26 bp5.3 bp −$56.3 bp −$6318.0 bp −$1,799doesn'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
Bybit EWYUSDT0.0000%8h190.17+0.005%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.15−0.005%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.32+0.083%$752K$391K10xas long as short
SunX EWY-USDT0.0000%8h190.17+0.005%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.07−0.047%$530K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.35+0.100%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.160.000%$1.7M$38K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0013%1h190.04−0.063%$2K$13K20xas long as short
Lighter EWY+0.0032%1h189.96−0.105%$385K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.29+0.068%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.13−0.016%$198K$145K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.07−0.047%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.11−0.026%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.94−0.116%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.09−0.037%$743$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.14−0.011%$198K$265K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.12−0.022%$235xas long as short
Bitget EWYUSDT+0.0067%8h190.15−0.005%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.13−0.016%$979K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.25+0.047%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.12−0.021%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0108%8h190.160.000%$4.1M$3.5M50xas long as short
Hotstuff EWY-PERPshort+0.0176%1h190.08−0.042%$28K$12K20x
Aster EWYUSDT+0.0201%8h190.16+0.002%$295K$12K20xas long as short
BloFin EWY-USDT+0.0254%8h190.07−0.047%$48K$214K50xas long as short
Variational Omni EWY+0.0257%8h190.27+0.056%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0272%1h190.08−0.043%$302K$665K10xas long as short
Binance EWYUSDTlong+0.0274%8h190.16long leg$28.4M$77.0M50x
MEXC EWY_USDT+0.0278%8h190.15−0.005%$6.5M$4.2M100xas long as short
edgeX EWYUSDC+0.0913%4h190.22+0.029%$426K$284K20xas long as short