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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.039%
Price spread now: Aster against Entropy−0.042%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$630.628% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.131%−$13 on $10k
Price spread, last 4 days (all we have)+0.115%+$12 · spread now −0.042%, 7d avg +0.041%
Together, before fees−0.016%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.083% cheaper against Entropy than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY187.540.0050pay 0.0006% / 1h16m 42s$142K$119K25x
ShortAster EWYUSDT187.460get 0.0000% / 8h1h 16m$291K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Entropy. 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
−$10.5
Price spread: −0.042% → +0.041%
−$8.26
Slippage, 4 orders
−$36.78
Fee Entropy: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$81.54
Costs to cover
0.628%
Break-even
never at this rate
Slippage from Entropy: live order book, 60 min ago; Aster: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Entropy live order book, 60 min ago9.86 bp25.2 bp −$25131.9 bp −$1,319doesn't fitdoesn't fit
Sell Aster live order book, 25 min ago1.86 bp6.9 bp −$77.5 bp −$75doesn't fitdoesn't fit

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−0.0261%8h187.59+0.027%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0012%8h187.65+0.059%$48K$216K50xas long as short
Aster EWYUSDTshort0.0000%8h187.46−0.042%$291K$12K20x
Extended EWY_24_5-USD0.0000%1h187.38−0.083%$239K$501K10xas long as short
Binance EWYUSDT0.0000%8h187.45−0.049%$27.1M$81.6M50xas long as short
Bybit EWYUSDT0.0000%8h187.540.000%$4.9M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.40−0.075%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.51−0.016%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.45−0.048%$8.5M$4.5M100xas long as short
Variational Omni EWY0.0000%8h187.60+0.033%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.61+0.035%$742K$421K10xas long as short
SunX EWY-USDT0.0000%8h187.540.000%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.56+0.011%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.66+0.064%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.62+0.043%$1.7M$36K10xas long as short
Lighter EWY+0.0032%1h187.35−0.101%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0041%1h187.36−0.096%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.44−0.053%$197K$152K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.60+0.032%$521K$269K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.37−0.091%$6.2M$14.2M20xas long as short
Entropy io:EWYlong+0.0050%1h187.54long leg$142K$119K25x
Polymarket Perps EWY-USD+0.0050%1h187.46−0.043%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.59+0.027%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.56+0.011%$219K$325K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h187.51−0.018%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.43−0.059%$965K$596K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.65+0.059%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.61+0.037%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0584%1h187.37−0.091%$28K$12K20xas long as short
edgeX EWYUSDC+0.0759%4h187.61+0.037%$421K$286K20xas long as short