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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0540%/8h= −59.1% APRpaid last 24h −0.047%
Price spread now: Entropy against BloFin−0.026%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 feesneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Entropy is 0.026% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT190.420.0590pay 0.0590% / 8h6h 56m$2K$214K50x
ShortEntropy io:EWY190.370.0050get 0.0006% / 1h56m 32s$52K$57K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against BloFin. 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
−$113.32
Price spread: −0.026% → 0.000%
−$2.63
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$145.94
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; 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 BloFin live order book, 4 min ago0.26 bp6.5 bp −$77.7 bp −$7715.6 bp −$1,563doesn't fit
Sell Entropy no order-book sample
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
Bybit EWYUSDT0.0000%8h190.39−0.016%$5.2M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.41−0.005%$4.0M$3.5M50xas long as short
SunX EWY-USDT0.0000%8h190.37−0.026%$2.6M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.33−0.047%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.53+0.058%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h190.34−0.042%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.22−0.105%$386K$34K20xas long as short
GRVT EWY_USDT_Perp+0.0038%8h190.62+0.107%$754K$380K10xas long as short
Vest EWY-USD-PERP+0.0046%1h190.60+0.095%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.34−0.042%$196K$141K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h190.43+0.005%$531K$340K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.31−0.058%$6.2M$14.5M20xas long as short
Entropy io:EWYshort+0.0050%1h190.37−0.026%$52K$57K25x
Polymarket Perps EWY-USD+0.0050%1h190.19−0.121%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.32−0.053%$547$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.51+0.047%$229K$235K10xas long as short
Paradex EWY-USD-PERP+0.0067%8h190.34−0.040%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.38−0.021%$981K$642K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.48+0.032%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.41−0.005%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0260%8h190.40−0.011%$4.2M$3.5M50xas long as short
Hotstuff EWY-PERP+0.0408%1h190.32−0.053%$29K$12K20xas long as short
edgeX EWYUSDC+0.0429%4h190.54+0.062%$427K$281K20xas long as short
Bitget EWYUSDT+0.0439%8h190.40−0.011%$2.8M$1.6M20xas long as short
Aster EWYUSDT+0.0460%8h190.46+0.020%$295K$12K20xas long as short
Variational Omni EWY+0.0566%8h190.51+0.048%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0580%8h190.37−0.026%$28.5M$77.3M50xas long as short
Extended EWY_24_5-USD+0.0584%1h190.36−0.034%$304K$670K10xas long as short
MEXC EWY_USDT+0.0586%8h190.38−0.021%$7.0M$4.1M100xas long as short
BloFin EWY-USDTlong+0.0590%8h190.42long leg$2K$214K50x