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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.09 per $10,000 · paid last 24h +0.027%
Price spread now: Deribit against Coinbase International−0.118%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 feesneeds both histories
Funding pays, the price is against you. Deribit is 0.118% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.118% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 5.7 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EWY-PERP-INTX185.800.0112pay 0.0014% / 1h36m 05s$515K$250K20x
ShortDeribit EWY_USDC-PERPETUAL185.580.0181get 0.0023% / 1h36m 05s$3K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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
$14.55
Price spread: −0.118% → 0.000%
−$11.84
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$14.29
Costs to cover
0.170%
Break-even
13.9 days
Slippage unknown: Coinbase International: live order book, 62 min ago; Deribit: 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 Coinbase International live order book, 62 min ago0.54 bp5.8 bp −$69.7 bp −$97doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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
Bitget EWYUSDT−0.0526%8h185.72−0.043%$3.1M$2.6M20xas long as short
Hotstuff EWY-PERP−0.0240%1h185.57−0.124%$27K$16K20xas long as short
BloFin EWY-USDT−0.0019%8h185.73−0.038%$48K$218K50xas long as short
Vest EWY-USD-PERP−0.0019%1h185.33−0.253%$235K25xas long as short
Aster EWYUSDT0.0000%8h185.72−0.043%$288K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.61−0.102%$239K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.66−0.075%$26.9M$82.1M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.60−0.108%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.70−0.054%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h185.64−0.086%$7.6M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h185.76−0.019%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.76−0.021%$728K$421K10xas long as short
SunX EWY-USDT0.0000%8h185.77−0.016%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h185.69−0.059%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.66−0.075%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h185.46−0.183%$376K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.60−0.108%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.53−0.145%$6.2M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h185.60−0.108%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.42−0.205%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.64−0.086%$747$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.58−0.118%$234K$334K10xas long as short
Paradex EWY-USD-PERP+0.0058%8h185.62−0.099%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h185.59−0.113%$956K$621K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.70−0.054%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.67−0.070%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTXlong+0.0112%1h185.80long leg$515K$250K20x
Bybit EWYUSDT+0.0134%8h185.69−0.059%$4.9M$4.8M100xas long as short
Deribit EWY_USDC-PERPETUALshort+0.0181%1h185.58−0.118%$3K$15K20x
edgeX EWYUSDC+0.0794%4h185.74−0.032%$416K$285K20xas long as short