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+0.0519%/8h= +56.9% APRnext payment +$0.65 per $10,000 · paid last 24h −0.563%
Price spread now: Hotstuff against Deribit+0.116%7-day average · 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)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 for this trade now. Funding pays +$16 a day on $10k at the current rate, and Hotstuff is 0.116% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL189.45−0.0119get 0.0015% / 1h38m 49s$2K$13K20x
ShortHotstuff EWY-PERP189.670.0400get 0.0050% / 1h38m 49s$28K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Deribit. 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
$109.06
Price spread: +0.116% → 0.000%
$11.61
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$108.68
Costs to cover
0.120%
Break-even
0.0 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample
Sell Hotstuff no order-book sample
Deribit and 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
Deribit EWY_USDC-PERPETUALlong−0.0119%1h189.45long leg$2K$13K20x
Bybit EWYUSDT0.0000%8h189.66+0.111%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.58+0.069%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.73+0.147%$750K$384K10xas long as short
SunX EWY-USDT0.0000%8h189.54+0.048%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.79+0.179%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.58+0.069%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.52+0.037%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.70+0.132%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.50+0.026%$198K$143K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h190.28+0.438%$531K$336K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.62+0.090%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.69+0.127%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.34−0.058%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.56+0.058%$618$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.41−0.021%$229K$242K10xas long as short
Paradex EWY-USD-PERP+0.0061%8h189.50+0.027%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.60+0.079%$976K$635K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.78+0.174%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.59+0.074%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0222%8h189.64+0.100%$4.1M$3.5M50xas long as short
Bitget EWYUSDT+0.0303%8h189.69+0.127%$2.7M$1.9M20xas long as short
Hotstuff EWY-PERPshort+0.0400%1h189.67+0.116%$28K$12K20x
Aster EWYUSDT+0.0406%8h189.61+0.085%$294K$12K20xas long as short
edgeX EWYUSDC+0.0496%4h189.87+0.222%$425K$282K20xas long as short
Variational Omni EWY+0.0499%8h189.70+0.130%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0512%1h189.57+0.061%$302K$670K10xas long as short
Binance EWYUSDT+0.0515%8h189.64+0.100%$28.3M$77.7M50xas long as short
MEXC EWY_USDT+0.0517%8h189.62+0.090%$7.0M$4.2M100xas long as short
BloFin EWY-USDT+0.0565%8h190.43+0.517%$2K$214K50xas long as short